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 Aug 31, 2026, the latest employee count at Parallel is 179.

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 $224M in funding in 2026 to date.

Where does Parallel rank among its competitors?

Parallel ranks 19th amongst 418 active competitors, of which 73 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Talkiatry, which secured an undisclosed amount in Feb, 2026.

Who are the top competitors of Parallel?

Parallel's top competitors include SonderMind, Lyra Health and Headspace. Among them, Talkiatry secured the most recent funding round in February, 2026.

Parallel - 2026 Company Profile, Team, Funding & Competitors

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

19^th among 418 active competitors

Employee Count

179 as on Aug 31, 2026

Similar Companies

SonderMind & 1804 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:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 09, 2025	7575944	Series B	3423650	5155470	3572025	7595486
Jan 09, 2024	4967106	Series A	9525005	1245613	4453266	5735238
May 24, 2022	6917592	Series A	7115118	6306509	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 179 employees as of Aug 26. Here is Parallel's employee count trend over the years:

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Top competitors of Parallel include SonderMind, Lyra Health and Headspace. 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	80/100
2nd	Lyra Health 2015, Burlingame (United States), Series F	Provider of AI-powered mental health benefits for employers	$915M	Addition, Glynn Capital & 37 others	74/100
3rd	Headspace 2010, Santa Monica (United States), Acquired	Provider of mental health support services via application and human care	$178M	Blisce, JAZZ Venture Partners & 50 others	74/100
4th	Cerebral 2020, San Francisco (United States), Series C	Provider of online counseling services for mental health conditions	$462M	Access Industries, SoftBank Vision Fund & 21 others	74/100
5th	Talkspace 2011, New York City (United States), Acquired	Online platform offering virtual consultation services for mental health conditions	$109M	SoftBank Capital, Spark Capital & 21 others	73/100
6th	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	65/100
7th	Unobravo 2015, Naples (United States), Series A	Online platform for psychologist consultation	$17.4M	Northzone, Insight Partners & 7 others	65/100
8th	Headway 2012, New York City (United States), Series D	Provider of a mental health therapist consultation platform	$321M	Spark Capital, Thrive Capital & 15 others	65/100
9th	Talkiatry 2020, New York City (United States), Series D	Provider of virtual, insurance-covered psychiatry services. It offers online assessments, connects patients with psychiatrists, and develops treatment plans including medication and therapy. The practice specializes in various mental health conditions such as anxiety, depression, bipolar disorder, ADHD, OCD, and PTSD, also providing care for children and adolescents and during pregnancy and postpartum. Psychiatrists conduct thorough evaluations and diagnoses, creating personalized treatment plans. The service aims to improve access to mental healthcare through virtual visits and insurance coverage.	$400M	Left Lane Capital, Perceptive Advisors & 12 others	64/100
10th	Rula 2019, Los Angeles (United States), Series A	Online platform offering mental health therapy services	$5.3M	Upfront Ventures, Harmony Partners & 7 others	64/100
19th	Parallel 2021, New York City (United States), Series B	Provider of virtual special education services for schools	$48.9M	Valspring Capital, Global Founders Capital ... & 12 others	57/100