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Valuation

$65.9K

2024 Revenue

$22K

Funding

$30K

Team

3

Founded

2018

How Parallel Pipes CEO Stephen Karasek grew Parallel Pipes to $22K revenue with a 3 person team in 2024.

SaaS, product design, product optimization, simulation, AI, generative design, automation

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Parallel Pipes Revenue

In 2024, Parallel Pipes's revenue reached $22K. The company previously reported $15K in 2022. Since its launch in 2018, Parallel Pipes has shown consistent revenue growth.

Parallel Pipes Revenue GrowthReported revenue / ARR by year$0$5K$10K$15K$20K$25K2018201920202021202220232024$0$15K$22KSource: GetLatka.com
YearMilestoneQuote
2024Parallel Pipes Hit $22k revenue in October 2024
2022Parallel Pipes Hit $15k revenue in April 2022
2018Launched with $0 revenue

Parallel Pipes Valuation, Funding Rounds

Parallel Pipes's most recent disclosed valuation is $65.9K.

Parallel Pipes has raised $30K in total funding across 3 rounds, most recently a $10K Grant round in 2022.

Parallel Pipes Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)$0$8K$15K$23K$30K$38K201820192020202120222018 cumulative: $10K • 2018 Grant: $10K2019 cumulative: $20K • 2018 Grant: $10K • 2019 Grant: $10K2022 cumulative: $30K • 2018 Grant: $10K • 2019 Grant: $10K • 2022 Grant: $10K$30KSource: GetLatka.com
YearRoundAmountValuation% SoldQuote
2022Grant$10K--
2019Grant$10K--
2018Grant$10K--

Founder / CEO

Stephen Karasek

Stephen Karasek is the Founder at Parallel Pipes.

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Customers

We do not have customer count information for Parallel Pipes yet.

Parallel Pipes Employees & Team Size

Parallel Pipes employs approximately 3 people as of 2026.

Parallel Pipes Team GrowthReported headcount over time0122342018201920202021202220232024003333Source: GetLatka.com
YearMilestone
2024Reached 3 employees (October 2024)
2022Reached 3 employees (April 2022)

Frequently Asked Questions about Parallel Pipes

What is Parallel Pipes's revenue?

Parallel Pipes generates $22K in revenue.

Who founded Parallel Pipes?

Parallel Pipes was founded by Stephen Karasek.

Who is the CEO of Parallel Pipes?

The CEO of Parallel Pipes is Stephen Karasek.

How much funding does Parallel Pipes have?

Parallel Pipes raised $30K.

How many employees does Parallel Pipes have?

Parallel Pipes has 3 employees.

Where is Parallel Pipes headquarters?

Parallel Pipes is headquartered in Quincy, Massachusetts, United States.

Compare Parallel Pipes to the industry

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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Parallel Pipes Revenue 2024: $22K ARR, $65.9K Valuation