ParallelDots - About the company
ParallelDots is a series A company based in Seattle (United States), founded in 2014 by Ankit Narayan Singh, Muktabh Mayank and Angam Parashar. It operates as a Provider of image recognition software for retail execution and monitoring. ParallelDots has raised $6.5M in funding from Multipoint Capital and Btomorrow Ventures, with a current valuation of $*****. The company has 366 active competitors, including 109 funded and 49 that have exited. Its top competitors include companies like Trax, Peak and RetailNext.
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
Post Money Valuation
$***** as on Mar 21, 2016
Investors
Ranked
17th among 366 active competitors
Annual Revenue
₹27.7Cr as on Mar 31, 2025
Employee Count
374 as on Mar 31, 2026
Legal entities associated with ParallelDots
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 (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 | $3.28M (As on Mar 31, 2025) | 126 (As on Jul 01, 2025) |
Sign up to download ParallelDots' company profile
ParallelDots's funding and investors
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
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 16, 2022 | 4271624 | Series A | 4051826 | 8001433 | 4042168 | 3397577 |
Oct 10, 2017 | 7868769 | Seed | 1233767 | 5704555 | 4473427 | 8143249 |
Mar 21, 2016 | 3155472 | Seed | 3924653 | 7840813 | 8547733 |
Access funding benchmarks and valuations. Sign up today!View details of ParallelDots's funding rounds and investors
ParallelDots' founders and board of directors
Founder? Claim ProfileThe founders of ParallelDots are Ankit Narayan Singh, Muktabh Mayank 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 and founder of 1 other company. They are also an angel investor in 1 startup and serve on the board of 1 company.Contact Info: 2 email addresses
- Muktabh Mayank: Co-Founder of ParallelDots. They serve on the board of 1 company.Contact Info: 1 email address
- Angam Parashar: Co-Founder & CEO of ParallelDots. They serve on the board of 1 company.Contact Info: 1 email address
ParallelDots' Board of Directors
ParallelDots's board has 1 active member. Angam Parashar is part of team.Here is the list of ParallelDots' board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 5y 3m | |
Team | - | Current | 8y 3m | |
Team | - | Current | 9y 11m |
View details of ParallelDots's Founder profiles and Board Members
ParallelDots' employee count trend
ParallelDots has 374 employees as of Mar 26. Here is ParallelDots's employee count trend over the years:
Uncover ParallelDots' growth story! Sign up today!
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
ParallelDots's Competitors and alternates
Top competitors of ParallelDots include Trax, Peak and RetailNext. Here is the list of Top 10 competitors of ParallelDots, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Cloud-based data analytics solutions for retail shelf management | $1.03B | 81/100 | ||
2nd | Peak 2014, Manchester (United Kingdom), Acquired | Provider of decision intelligence software for retail businesses | $209M | 69/100 | |
3rd | RetailNext 2007, San Jose (United States), Series E | Provider of traffic analytics, video security, and occupancy management solutions | $232M | 69/100 | |
4th | Vypr 2013, Manchester (United Kingdom), Series B | Provider of a platform for product and consumer intelligence solutions | $13.9M | 67/100 | |
5th | Platform offering self-checkout and digitized operations for grocery retailers | $199M | 66/100 | ||
6th |  Crisp 2016, New York City (United States), Series B | Platform offering business analytics software for CPG retailers and suppliers | $160M | 66/100 | |
7th | SPINS 1995, Chicago (United States), Series B | Provider of retail consumer analytics services | - | 65/100 | |
8th |  Rwazi 2018, Sacramento (United States), Series A | Provider of software solution to companies for accessing data on the availability, visibility, and pricing of customer products | $16M | 64/100 | |
9th | Provider of AI-based video analytics solution for video surveillance | $53.8M | 62/100 | ||
10th |  AWM 2016, Aliso Viejo (United States), Series A | Provider of AI-based business automation solution for retail businesses | $45.1M | 61/100 | |
17th | ParallelDots 2014, Seattle (United States), Series A | Provider of image recognition software for retail execution and monitoring | $6.5M | 56/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on ParallelDots's competitors? Click here to see the top ones
ParallelDots's Investments and acquisitions
ParallelDots has made no investments or acquisitions yet.
News related to ParallelDots
•
•
•
Parallel Dots raises $4.5 mn in Series A round led by Btomorrow VenturesBusiness Standard•May 16, 2022•ParallelDots, Btomorrow Ventures, Multipoint Capital
•
ParallelDots appoints Bala Viswanathan as Chief Growth OfficerBusiness PR News•Apr 29, 2022•ParallelDots, Cpg Global
•
ParallelDots Wins the Tech4Future Grand Challenge Powered by Invest India and SoftBank GroupBusiness Today•Jun 14, 2019•ParallelDots
•
•
Get curated news about company updates, funding rounds, M&A deals and others. Sign up today!Are you a Founder ?
FAQs about ParallelDots
Explore our recently published companies
- UEFA Under-21 Championship - 1978 founded, Funding Raised company
- SunPower - San Jose based, 1985 founded, Public company
- Savvy - 2025 founded, Series A company
- Precisify - London based, 2015 founded, Late Stage company
- The Trustees of Stokes Pension Fund - London based, Funding Raised company
- Predictive Horizons - San Francisco based, 2024 founded, Series A company
