About Parallel 6
Parallel 6 is a company based in San Diego (United States) founded in 2009 was acquired by PRA Health Sciences in August 2017.. Parallel 6 has completed 2 acquisitions, including nPruv and the Agency san diego. Parallel 6 operates in a competitive market with competitors including Evidation, myTomorrows, Antidote, SubjectWell and Belong, among others.
- Headquarter San Diego, United States
-
Sectors
Healthcare
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Latest Funding Round
- Investors
-
Employee Count
Employee Count
-
Investments & Acquisitions
nPruv
& 1 more
-
Acquired by
PRA Health Sciences
(Aug 08, 2017)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of Parallel 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Parallel 6
Parallel 6 has secured backing from 1 investor. Prominent investors backing the company include PRA Health Sciences. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Global full-service CRO services are delivered in over 80 countries.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Parallel 6
Parallel 6 has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include nPruv and the Agency san diego. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Patient-facing clinical trial listing platform
|
2012 | ||||
|
Advertising and public relations services are provided in San Diego.
|
2003 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Parallel 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Parallel 6 Comparisons
Competitors of Parallel 6
Parallel 6 operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Evidation, myTomorrows, Antidote, SubjectWell and Belong, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Real-world health data is provided for research and decisions.
|
|
| domain | founded_year | HQ Location |
Platform provides access to drugs in development to patients and physicians
|
|
| domain | founded_year | HQ Location |
Provider of search engine tool for patients to explore, understand and access clinical trials.
|
|
| domain | founded_year | HQ Location |
Clinical trials marketplace for patient recruitment solutions is provided.
|
|
| domain | founded_year | HQ Location |
AI-enabled platform sources candidates for inclusive employment of disabled individuals.
|
|
| domain | founded_year | HQ Location |
Patients for clinical trials are identified through a dedicated platform.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Parallel 6
Frequently Asked Questions about Parallel 6
When was Parallel 6 founded?
Parallel 6 was founded in 2009.
Where is Parallel 6 located?
Parallel 6 is headquartered in San Diego, United States. It is registered at San Diego, California, United States.
What does Parallel 6 do?
Parallel 6 was founded in 2009 and is headquartered in San Diego, United States. Cloud-based customer engagement solutions are developed by the company for sectors including clinical trials and public administration. Clinical Reach is focused on patient recruitment and retention for pharmaceutical trials, while Gov Reach facilitates communication between governments and citizens. Operations emphasize digital platforms to support these interactions across corporate and public clients.
Who are the top competitors of Parallel 6?
Parallel 6's top competitors include Evidation, myTomorrows and Dyania Health.
How many acquisitions has Parallel 6 made?
Parallel 6 has made 2 acquisitions, including nPruv, and the Agency san diego.
Who are Parallel 6's investors?
Parallel 6 has 1 investor. Key investors include PRA Health Sciences.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.