How Paralleldots hit $31M revenue and 15 customers in 2023.
ParallelDots, Inc. is an artificial intelligence company developing novel algorithms and high impact solutions for real world problems.
2014
Founded
$31M
2023 Revenue
50%
YOY
$1.4M
Funding
Paralleldots Revenue
In 2023, Paralleldots revenue run rate hit $31M in revenue.
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2023
Paralleldots hit $31M in revenue in 2023
-
2021
Paralleldots hit $15.5M in revenue in 2021
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2018
Paralleldots hit $500K in revenue in 2018
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2014
Paralleldots launched in 2014 with $0 revenue
Paralleldots Funding History
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2017 Seed Round
Paralleldots raised a Seed Round of in October, 2017
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| October, 10 2017 | Seed Round |
Team
Paralleldots has 295 total employees and 4 sales reps that carry a quota. They have 15 customers an engineering team of 29 and a marketing team of 9.
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 295 |
| Engineer | 29 (10%) |
| Sales | 4 (1%) |
| Marketing | 9 (3%) |
Founder / CEO
Angam Parashar
Angam is the co-founder and CEO at ParallelDots. ParallelDots is an AI platform providing custom artificial intelligence solutions across domains to medium and large enterprises.
Q&A
-
What's your age?
29
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Favorite online tool?
Google Analytics
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Favorite book?
Zero to One
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Favorite CEO?
Jeff Bezos
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Advice for 20 year old self
Take risks, don't worry
Customers
Churn
Paralleldots Executives
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Angam Parashar | CEO | [email protected] | - |
Paralleldots Employees
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Angam Parashar | CEO | [email protected] | - |
Frequently Asked Questions about Paralleldots
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When was Paralleldots founded?
Paralleldots was founded in 2014.
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How much revenue does Paralleldots generate?
Paralleldots generates $31M in revenue.
-
Who is the CEO of Paralleldots
The CEO of Paralleldots is Angam Parashar.
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How much funding does Paralleldots have?
Paralleldots raised $1.4M.
-
How many employees does Paralleldots have?
Paralleldots has 295 employees.
-
Where is Paralleldots headquarters?
Paralleldots is headquartered at Seattle, Ontario, Canada
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