# Parallel AI

**Source:** https://www.startuphub.ai/startups/parallel-ai
**Profile type:** Startup

> The first AI hiring marketplace, helping companies find their people and people find meaningful work.

## About

Parallel is an AI-powered hiring marketplace that connects companies with full-time, freelance, or offshore talent instantly. It aims to streamline the hiring process, reduce costs by up to 70%, and help individuals find meaningful employment.

## Key facts

- **Slug:** parallel-ai
- **Website:** https://www.useparallel.com/
- **Location:** New York, United States
- **Founded:** 2022-05-17
- **Employees:** 15
- **Operating status:** Active
- **Total funding:** $44M
- **Sectors / tags:** AI Hiring, Talent Acquisition, Recruitment Platform, HR Tech, Marketplace, AI Agent, Generative AI, Workflow Automation
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/useparallel
  - Facebook: https://www.facebook.com/tr

## Frequently asked

### What does Parallel AI do?

Parallel is an AI-powered hiring marketplace that connects companies with full-time, freelance, or offshore talent instantly. It aims to streamline the hiring process, reduce costs by up to 70%, and help individuals find meaningful employment.

### How much funding has Parallel AI raised?

Parallel AI has raised a total of $44M in funding. The most recent round on record is Series A.

### Where is Parallel AI headquartered?

Parallel AI is headquartered in New York, United States.

### When was Parallel AI founded?

Parallel AI was founded in 2022.

### What industry does Parallel AI operate in?

Parallel AI operates in AI Hiring, Talent Acquisition, Recruitment Platform, HR Tech, Marketplace, AI Agent.

### How many employees does Parallel AI have?

Parallel AI has approximately 15 people on record.

### What is Parallel AI's valuation?

StartupHub estimates Parallel AI's effective valuation at $174.9M (range $108.8M to $261.0M, 21% confidence), based on comparable companies in the sector.

## JSON-LD

Structured data aligned with this page's `<script type="application/ld+json">` (included when the profile is server-rendered).

```json
{
  "@context": "https://schema.org",
  "@graph": [
    {
      "@type": "BreadcrumbList",
      "itemListElement": [
        {
          "@type": "ListItem",
          "position": 1,
          "name": "Home",
          "item": "https://www.startuphub.ai"
        },
        {
          "@type": "ListItem",
          "position": 2,
          "name": "Startups",
          "item": "https://www.startuphub.ai/startups"
        },
        {
          "@type": "ListItem",
          "position": 3,
          "name": "Parallel AI",
          "item": "https://www.startuphub.ai/startups/parallel-ai"
        }
      ]
    },
    {
      "@type": "ProfilePage",
      "@id": "https://www.startuphub.ai/startups/parallel-ai#webpage",
      "url": "https://www.startuphub.ai/startups/parallel-ai",
      "name": "Parallel AI - AI Startup Profile | StartupHub.ai",
      "description": "This is the official profile of Parallel AI. Parallel AI is a startup founded in 2022, operating in AI Hiring and Talent Acquisition. The first AI hiring marketplace, helping companies find their people and people find meaningful work. Headquartered in New York, United States. The company has approximately 15 employees.",
      "dateModified": "2026-06-24T14:01:28.559+00:00",
      "mainEntity": {
        "@id": "https://www.startuphub.ai/startups/parallel-ai#organization"
      }
    },
    {
      "@type": "Organization",
      "@id": "https://www.startuphub.ai/startups/parallel-ai#organization",
      "name": "Parallel AI",
      "url": "https://www.useparallel.com/",
      "logo": "https://cdn.startuphub.ai/storage/v1/object/public/entity-images/logos/dd6f89cf-a8b6-4b6a-9942-94efd48d96ad-square.webp",
      "image": "https://cdn.startuphub.ai/storage/v1/object/public/entity-images/logos/dd6f89cf-a8b6-4b6a-9942-94efd48d96ad-square.webp",
      "description": "This is the official profile of Parallel AI. Parallel AI is a startup founded in 2022, operating in AI Hiring and Talent Acquisition. The first AI hiring marketplace, helping companies find their people and people find meaningful work. Headquartered in New York, United States. The company has approximately 15 employees.",
      "sameAs": [
        "https://www.linkedin.com/company/useparallel",
        "https://www.facebook.com/tr",
        "https://www.startuphub.ai/startups/parallel-ai"
      ],
      "foundingDate": "2022-05-17",
      "numberOfEmployees": {
        "@type": "QuantitativeValue",
        "value": 15
      },
      "address": {
        "@type": "PostalAddress",
        "addressLocality": "New York",
        "addressCountry": "US"
      },
      "knowsAbout": [
        "AI Hiring",
        "Talent Acquisition",
        "Recruitment Platform",
        "HR Tech",
        "Marketplace",
        "AI Agent",
        "Generative AI",
        "Workflow Automation"
      ]
    },
    {
      "@type": "Product",
      "@id": "https://www.startuphub.ai/startups/parallel-ai#profile-assessment",
      "name": "Parallel AI - StartupHub.ai Profile Assessment",
      "url": "https://www.startuphub.ai/startups/parallel-ai",
      "image": "https://cdn.startuphub.ai/storage/v1/object/public/entity-images/logos/dd6f89cf-a8b6-4b6a-9942-94efd48d96ad-square.webp",
      "category": "AI Hiring",
      "description": "This is the official profile of Parallel AI. Parallel AI is a startup founded in 2022, operating in AI Hiring and Talent Acquisition. The first AI hiring marketplace, helping companies find their people and people find meaningful work. Headquartered in New York, United States. The company has approximately 15 employees. Agent Readiness score: 36/100. Full audit: https://www.startuphub.ai/startups/parallel-ai/agent-readiness",
      "brand": {
        "@type": "Brand",
        "name": "Parallel AI"
      },
      "review": {
        "@type": "Review",
        "author": {
          "@type": "Organization",
          "name": "StartupHub.ai"
        },
        "datePublished": "2026-06-24",
        "name": "Parallel AI - Profile Score 51/100",
        "reviewBody": "This is the official profile of Parallel AI. Parallel AI is a startup founded in 2022, operating in AI Hiring and Talent Acquisition. The first AI hiring marketplace, helping companies find their people and people find meaningful work. Headquartered in New York, United States. The company has approximately 15 employees. Agent Readiness score: 36/100. Full audit: https://www.startuphub.ai/startups/parallel-ai/agent-readiness",
        "reviewRating": {
          "@type": "Rating",
          "ratingValue": 51,
          "bestRating": 100,
          "worstRating": 0
        }
      }
    }
  ]
}
```