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Parallel Bio

200 Dexter Ave Watertown, Massachusetts 02472, US
https://www.parallel.bio/
Parallel Bio is a privately held biotechnology company focused on discovering and developing novel therapeutics. The company applies experimental biology, target identification, and preclinical development to translate biological insights into drug candidates for human disease.

Leadership & Board

Current Number of Employees35
Current LinkedIn Followers4,066

Latest Estimated Valuation

Estimated Valuation
Estimated Valuation
Total Amount Raised$21M
Total Amount Raised$21M
Total Funding Rounds1
Total Funding Rounds1
Latest Funding Amount$21M
Latest Funding Amount$21M
Latest Funding RoundSeries A
Latest Funding RoundSeries A
Post-Money Valuation
Post-Money Valuation

Company Momentum Positive

Articles Published on TipRanks3
Articles Published on TipRanks
3
LinkedIn Trend+1.88% followers
LinkedIn Trend
+1.88% followers
Workforce Trend2.8% employees
Workforce Trend
2.8% employees
Parallel Bio LinkedIn following is increasing, signaling rising market interest, while its workforce size remains relatively unchanged.
Company Momentum indicates whether the company is gaining or losing traction over time. This proprietary TipRanks metric analyzes changes in a company’s workforce and LinkedIn follower trends, balancing these signals together to generate an overall momentum sentiment.

Employee Trend

Parallel Bio had 35 employees as of April 27, 2026. The number of employees decreased by 1 (2.78%) week-over-week.
35Latest Employee Count
1(-2.78%)Week-Over-Week Change
Employee Trend serves as a data-driven indicator of company growth and expansion. The measurement reflects how a company’s workforce size changes over time.

Social Trend

Parallel Bio had 4,066 followers as of April 27, 2026. The number of followers increased by 75 (1.88%) week-over-week.
4,066Latest Followers Count
75(1.88%)Week-Over-Week Change
LinkedIn Follower Trend serves as a data-driven indicator of market interest and company visibility. The measurement reflects how a company’s LinkedIn follower count changes over time.

Funding Round

Funding Date
Funding Round
Amount Raised
Post-Money Valuation
Jul 11, 2025
Series A
$21.00M

Investors

Investor Name
Funding Round
Series A

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