Parallel operates a social SNS app that allows friends to make voice calls and chat while jointly consuming the same content. The app has more than 4 million registered users, primarily among younger demographics. It offers roughly 30 pieces of content, including games and videos, and features mini-games tied to IP such as Takara Tomy's long-selling toy "Black Beard." The company plans to use newly raised funds to add a content recommendation feature and accelerate growth. Parallel is based in Minato, Tokyo.

Total raised

$19M

Funding rounds

1

Latest round

Series C

Latest activity

Mar 2024