When was ParallelDots founded?

ParallelDots was founded in 2014 and raised its 1st funding round within a year of its incorporation.

Where is ParallelDots located?

ParallelDots is headquartered in Seattle, United States. It is registered at 14, 2nd Floor, Arjun Nagar Safadarjung Enclave, South Delhi, New Delhi, Delhi, India, 110029.

Who is the current CEO of ParallelDots?

Angam Parashar of ParallelDots. They have also founded 1 company.

Which legal entities is ParallelDots associated with?

ParallelDots is associated with Paralleldots Technology Private Limited and 2 others.

How many employees does ParallelDots have?

As of Jul 31, 2026, the latest employee count at ParallelDots is 428.

Is ParallelDots a funded company?

ParallelDots is a funded company, having raised a total of $6.5M across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Aug 07, 2014.

How much is ParallelDots worth?

The latest valuation of ParallelDots is $***** as of Mar 21, 2016.

When was the latest funding round of ParallelDots?

ParallelDots' latest funding was a $***** Series A round on May 16, 2022, with participation from 2 investors. Its primary sector is Computer Vision. In United States, the Computer Vision sector has seen $5.18B in funding in 2026 to date.

What is the annual revenue of ParallelDots?

Annual revenue of ParallelDots is between ₹10 Cr and ₹50 Cr as on Mar 31, 2025

Where does ParallelDots rank among its competitors?

ParallelDots ranks 16th amongst 357 active competitors, of which 99 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Crisp, which secured $26M in Dec, 2025.

Who are the top competitors of ParallelDots?

ParallelDots' top competitors include Trax, RetailNext and Vypr. Among them, Crisp secured the most recent funding round in December, 2025.

ParallelDots - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Provider of image recognition software for retail execution and monitoring. The software helps brands monitor in-store compliance and identify execution gaps. It offers image recognition for products on shelves, coolers, and end caps. The platform provides insights and recommendations to address execution issues. It integrates with existing systems to provide retail execution support.

Website: www.paralleldots.com/
Social
Email ID: *****@paralleldots.com, *****@paralleldots.com
Registered Address: 14, 2nd Floor, Arjun Nagar Safadarjung Enclave, South Delhi, New Delhi, Delhi, India, 110029

Key Metrics

Founded Year

2014

Location

Seattle, United States

Stage

Series A

Total Funding

$6.5M in 4 rounds

Latest Funding Round

Series A, May 16, 2022, $*****

Post Money Valuation

$***** as on Mar 21, 2016

Investors

Multipoint Capital & 3 more

Ranked

16^th among 357 active competitors

Annual Revenue

₹10 - ₹50 Cr as on Mar 31, 2025

Employee Count

428 as on Jul 31, 2026

Similar Companies

Trax & 1232 more

View ParallelDots' full profile

ParallelDots is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
ARTZEN SOFTWARE LABS PRIVATE LIMITED CIN: U72900DL2014PTC308434 , India, Active	Jan 29, 2014	0 - ₹10 Cr (As on Mar 31, 2022)	24 (As on Mar 31, 2018)
PARALLELDOTS, INC. CIN: 6457149 , United States, Active	Jun 25, 2017	-	24 (As on Mar 31, 2018)	-
Paralleldots Technology Private Limited CIN: U74999DL2017FTC326321 , India, Active	Nov 22, 2017	₹10 - ₹50 Cr (As on Mar 31, 2025)	150 (As on Mar 01, 2026)

ParallelDots has raised a total funding of $6.5M over 4 rounds. Its first funding round was on Aug 07, 2014. Its latest funding round was a Series A round on May 16, 2022 for $*****. 2 investors participated in its latest round. ParallelDots has 4 institutional investors.

Here is the list of recent funding rounds of ParallelDots:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 16, 2022	6329970	Series A	4465126	6385032	7977807	6147134
Oct 10, 2017	6000957	Seed	5120103	7384269	3027647	6165609
Mar 21, 2016	6981911	Seed	9791778	6962574	Multipoint Capital	2091270

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View details of ParallelDots's funding rounds and investors

The founders of ParallelDots are Ankit Narayan Singh, Muktabh Mayank, Ankit Singh and Angam Parashar. Angam Parashar is the CEO of ParallelDots.

Here are the details of ParallelDots' key team members:

Ankit Narayan Singh: Co-Founder & CTO of ParallelDots. They are also an angel investor in 1 startup and serve on the board of 1 company.
Contact Info: 1 email address and 1 phone number
Muktabh Mayank: Co-Founder of ParallelDots.
Contact Info: 1 email address
Ankit Singh: Co-Founder & CTO of ParallelDots and founder of 1 other company.
Contact Info: 1 email address
Angam Parashar: Co-Founder & CEO of ParallelDots and founder of 1 other company.
Contact Info: 1 email address

ParallelDots' Board of Directors

ParallelDots's board has 3 active members. Ankit Narayan Singh, Muktabh Mayank Srivastava and Angam Parashar are part of team.

Here is the list of ParallelDots' board of directors:

Name	Type	Representing	Status	Duration
Ankit Narayan Singh	Team	-	Current	5y 9m
Muktabh Mayank Srivastava	Team	-	Current	8y 9m
Angam Parashar	Team	-	Current	10y 5m

View details of ParallelDots's Founder profiles and Board Members

ParallelDots' employee count trend

ParallelDots has 428 employees as of Jul 26. Here is ParallelDots's employee count trend over the years:

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Top competitors of ParallelDots include Trax, RetailNext and Vypr. Here is the list of Top 10 competitors of ParallelDots, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Trax 2010, Singapore (Singapore), Series E	Cloud-based data analytics solutions for retail shelf management	$1.03B	Hopu Investments, SoftBank Vision Fund & 34 others	79/100
2nd	RetailNext 2007, San Jose (United States), Series E	Provider of traffic analytics, video security, and occupancy management solutions	$232M	Activant Capital, August Capital & 17 others	68/100
3rd	Vypr 2013, Manchester (United Kingdom), Series B	Provider of a platform for product and consumer intelligence solutions	$13.9M	YFM Equity Partners, ACF Investors & 28 others	66/100
4th	Crisp 2016, New York City (United States), Series B	Platform offering business analytics software for CPG retailers and suppliers	$160M	FirstMark, 3L Capital & 29 others	66/100
5th	Trigo 2018, Tel Aviv (Israel), Series C	Provider of computer vision AI solutions for retail stores	$199M	83NORTH, Viola Group & 10 others	66/100
6th	AWM 2016, Aliso Viejo (United States), Series A	Provider of AI-based business automation solution for retail businesses	$45.1M	Datalogic, Lagomaj & 4 others	62/100
7th	SPINS 1995, Chicago (United States), Series B	Provider of retail consumer analytics services	-	General Atlantic, Warburg Pincus & 3 others	62/100
8th	Pensa Systems 2011, Austin (United States), Series B	Provider of drone-based autonomous perception systems for inventory visibility	$41.7M	ATX Venture Partners, Signia Venture Partners ... & 12 others	61/100
9th	Veesion 2018, Paris (France), Series B	Provider of AI-based video analytics solution for video surveillance	$53.8M	Verve Ventures, Aglae Ventures & 11 others	61/100
10th	Hypersonix 2018, San Francisco (United States), Series B	Provider AI-powered analytics platform for consumer commerce	$50M	B Capital, Intel Capital & 7 others	60/100
16th	ParallelDots 2014, Seattle (United States), Series A	Provider of image recognition software for retail execution and monitoring	$6.5M	TLabs, Btomorrow Ventures & 2 others	55/100