Companies · Biotech

Parallel BioSummer 2021Active

San Francisco · CA, USA · Biotech · founded 2021 · http://parallel.bio

Diligence memoA one-page analyst read on Parallel Bio — recommendation, valuation, rhythm, risks.
Total raised · real
0
Rounds
Latest step-up
Top 34%
Sector rank · raised
Latest stage · inferred

Parallel Bio: limited disclosed financing to assess.

Synthesized from the figures below est. — every claim rests on a number shown on this page.

Where it sits in Biotech

Parallel Bio is one of 233 Biotech companies tracked from San Francisco, CA, USA, on record since 2021. By capital raised it ranks mid-pack (ahead of 67% of sector peers), and mid-pack by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

AI analyst read est. — model-extracted from this company's public description, not a verified fact. 30%

operates a technology-led product inferred from public copy

Grounded in: “You are a venture analyst

Using the immune system to cure disease

Parallel Bio is pioneering human-first drug discovery by creating the first map of human biology. Using groundbreaking biological and computational tools that track real clinical outcomes, the company generates data that enable earlier, more reliable decisions about disease biology and drug development. Parallel Bio’s platform overcomes the core limitations of traditional animal testing, which fails to encapsulate the complexity of human biology. The company is building internal pipelines of novel disease targets and drug candidates in both cancer and autoimmune disease, while collaborating with pharmaceutical companies to evaluate therapies directly in human systems to reduce the cost and risk of clinical trials. Based in San Francisco, the company was founded in 2021 by two of the world’s leading experts in replacing animal models with human-first platforms.

AI-powered Drug DiscoveryBiotechpharma
Find Parallel Bio online

As reported in public records reported — not modeled.

US
Jurisdiction
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

No round amounts on record to chart.

Financing ladder & sequence gaps

No staged rounds to sequence.

Modeled valuation trajectory
Base estimate est.
Conservative case
Upside case
Modeled post-money

Round size and date are reported; the stage label is inferred from round size. Valuation is modeled from stage benchmarks. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Financing rhythm
Avg between rounds
Capital velocity
On record since
First round
0
Rounds on file
How it compares to the market

Benchmarked against 233 companies in Biotech. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages)
This company
Sector median$7.8M
Modeled value — vs sector median (estimate, all stages)
This company
Sector median$56.1M

Raised more than 67% of sector peers (real $). Modeled value above 67% of peers (estimate).

Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
No rounds recorded.
Intelligence
Modeled next raise
Modeled next size est.
Last step-up
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Registry & provenance

Parallel Bio is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
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1910Biotechsame sector
20nBiotechsame sector
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Abalone BioBiotechsame sector
Acoustic Wave Cell Therapy, Inc.BiotechSeries A$20.5M$84.9Msame sector
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
1910
Multimodal AI Platform for Modality Agnostic Drug Discovery™
Biotech82%
Harmonic Discovery
Multi-targeted therapeutics to treat complex diseases
Biotech79%
Gen1E Lifesciences Inc.
AI platform accelerating therapies for rare & inflammatory diseases.
BiotechnologySeries B$22.5M79%
Ditto Biosciences
Evolutionary intelligence for autoimmune disease
Biotech79%
10x Science
The AI-native platform for next-generation protein characterization.
Biotech78%
Convexia
The world's first AI-maximalist pharma company
Biotech78%
Verge Genomics
We use human data and AI to develop better drugs faster.
Biotech78%
Nabla Bio
We use AI to design antibodies for intractable diseases
Biotech78%
Frequently asked
What does Parallel Bio do and where is it based?
Parallel Bio operates in the Biotech sector, based in San Francisco, CA, USA. Using the immune system to cure disease
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