Parallel Information

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Summary

Parallel develops autonomous, battery-electric rail vehicles to convert freight from truck to rail. Our technology enables railroads to serve new markets, decongest highways, and reduce shipping costs...Show more

Organization Website

moveparallel.com

Social Links

linkedIn

Industries

Headquarters Location

Los Angeles, California, 90013 US

Employees Size

10-50 employees

Founded

2020

Competitors

Founded
Type
Employees
Revenue
Funding
2016Privately
Held
100 - 250 7.5M $151.7M
2017Privately
Held
100 - 250 23.3M $95.8M
2014Privately
Held
1.0K - 5.0K 100M $950M
2018Privately
Held
100-200 < 1M $0

Employees Turnover 4 quarter 2025

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Length of Employment
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Employee tenure at Parallel shows a diverse range of experience levels:
6% have been with the company for less than 1 year31% for 1–2 years25% for 3–4 years13% for 5–7 years25% have over 11 years of service at Parallel
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FAQ

Parallel operates in the Rail Infrastructure industries. More details can be found on the official website: moveparallel.com.
The headquarters of Parallel are located in Los Angeles, United States.
Parallel currently employs 10-50 people.
Well-known competitors of Parallel include Einride, FreightWaves, Zoox and Locomation, Inc..

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