When was Parallel founded?

Parallel was founded in 2021 and raised its 1st funding round within a year of its incorporation.

Where is Parallel located?

Parallel is headquartered in New York City, United States.

Who is the current CEO of Parallel?

Diana Heldfond of Parallel. They have also founded 1 company.

How many employees does Parallel have?

As of Jul 01, 2024, the latest employee count at Parallel is 31.

Is Parallel a funded company?

Parallel is a funded company, having raised a total of $48.9M across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Dec 16, 2021.

When was the latest funding round of Parallel?

Parallel's latest funding was a $***** Series B round on Dec 09, 2025, with participation from 1 investor. Its primary sector is K-12 EdTech. In United States, the K-12 EdTech sector has seen $54.6M in funding in 2026 to date.

Where does Parallel rank among its competitors?

Parallel ranks 18th amongst 405 active competitors, of which 67 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Parallel, which secured $20M in Dec, 2025.

Who are the top competitors of Parallel?

Parallel's top competitors include SonderMind, Talkspace and Meru Health. Among them, Parallel secured the most recent funding round in December, 2025.

Parallel - 2026 Company Profile, Team, Funding & Competitors

Parallel is a series B company based in New York City (United States), founded in 2021 by Diana Heldfond. It operates as a Provider of virtual special education services for schools. Parallel has raised $48.9M in funding from investors like Tiger Global Management, Rethink Impact and Valspring Capital. The company has 405 active competitors, including 67 funded and 24 that have exited. Its top competitors include companies like SonderMind, Talkspace and Meru Health.

Company Details

Provider of virtual special education services for schools. It offers online assessments and services delivered by licensed professionals. These services include psychoeducational assessments, behavioral and mental health counseling, speech-language pathology, and specialized instruction. The platform facilitates collaboration between providers, teachers, and parents, using a proprietary technology platform. A tiered pricing model is offered to accommodate various school needs. Clinical oversight and ongoing outcome assessments ensure quality and continuous improvement. The company aims to address the shortage of special education staff and improve student outcomes.

Website: www.parallellearning.com/
Social
Email ID: *****@parallellearning.com
Phone Number: +1 **********

Key Metrics

Founded Year

2021

Location

New York City, United States

Stage

Series B

Total Funding

$48.9M in 4 rounds

Latest Funding Round

Series B, Dec 09, 2025, $*****

Investors

Tiger Global Management & 13 more

Ranked

18^th among 405 active competitors

Employee Count

31 as on Jul 01, 2024

Similar Companies

SonderMind & 1706 more

View Parallel's full profile

Parallel is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Parallel Learning, Inc. CIN: 20211829880 , United States, Active	Sep 08, 2021	-	-	-
Parallel Learning, Inc., CIN: 20-5712505 , United States, Active	Dec 31, 2020	-	-	-

Parallel has raised a total funding of $48.9M over 4 rounds. Its first funding round was on Dec 16, 2021. Its latest funding round was a Series B round on Dec 09, 2025 for $*****. 1 investor participated in its latest round. Parallel has 9 institutional investors and 5 angel investors.

Here is the list of recent funding rounds of Parallel:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 09, 2025	5345471	Series B	1870806	8995180	8827978	8836053
Jan 09, 2024	1636566	Series A	6988638	1636581	4404346	2264190
May 24, 2022	1118286	Series A	2605892	8431393	Tiger Global Management	Obvious Ventures & 2 more

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View details of Parallel's funding rounds and investors

The founders of Parallel is Diana Heldfond. Diana Heldfond is the CEO of Parallel.

Here are the details of Parallel's key team members:

Diana Heldfond: Founder & CEO of Parallel.
Contact Info: 1 email address

View details of Parallel's Founder profiles and Board Members

Parallel's employee count trend

Parallel has 31 employees as of Jul 24. Here is Parallel's employee count trend over the years:

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Top competitors of Parallel include SonderMind, Talkspace and Meru Health. Here is the list of Top 10 competitors of Parallel, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	SonderMind 2014, Denver (United States), Series C	Mental health service provider offering virtual therapy services	$276M	Kickstart Seed Fund, Premji Invest & 24 others	79/100
2nd	Talkspace 2011, New York City (United States), Acquired	Online platform offering virtual consultation services for mental health conditions	$109M	SoftBank Capital, SoftBank Group & 20 others	73/100
3rd	Meru Health 2016, San Francisco (United States), Series B	Provider of digital mental healthcare programs with licensed therapist solutions	$55.4M	Industry Ventures, Bold Capital Partners ... & 21 others	70/100
4th	Cerebral 2020, San Francisco (United States), Series C	Provider of online counseling services for mental health conditions	$462M	Access Industries, SoftBank Vision Fund & 20 others	69/100
5th	AbleTo 2008, New York City (United States), Acquired	Offers a digital platform to connect people with licensed therapists and coaches	$66.1M	Sandbox Industries, Optum Ventures & 9 others	68/100
6th	Headway 2012, New York City (United States), Series D	Provider of a mental health therapist consultation platform	$321M	Spark Capital, Accel & 13 others	65/100
7th	Rethink 2007, New York City (United States), Series D	Web-based educational and personalized behavior therapy to children and employee benefit solutions	$16.7M	Seavest Investment Group, Arboretum Ventures ... & 7 others	64/100
8th	Brightside Health 2017, San Francisco (United States), Series C	Virtual mental healthcare platform	$114M	ACME, S32 & 13 others	62/100
9th	TimelyCare 2017, Fort Worth (United States), Series C	Virtual health and well-being platform for students	$60M	JMI Management, MCS Ventures	62/100
10th	BetterHelp 2013, Sunnyvale (United States), Acquired	Online counselling service provider	-	-	61/100
18th	Parallel 2021, New York City (United States), Series B	Provider of virtual special education services for schools	$48.9M	Valspring Capital, Tiger Global Management ... & 12 others	56/100