About Parallel18
A 5-month business acceleration program is operated by Parallel18 twice each year in San Juan, Puerto Rico. Up to 40 startups across various industries and sectors are selected per cohort. Funding of 40,000 is provided to each participating startup. Multiple sectors are supported through this initiative, with operations focused on business development and growth.
- Headquarter San Juan, United States
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Funding Insights of Parallel18
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Parallel18
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Parallel18
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Parallel18 Comparisons
Competitors of Parallel18
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Parallel18
Where is Parallel18 located?
Parallel18 is headquartered in San Juan, United States. It is registered at San Juan, Puerto Rico, United States.
What does Parallel18 do?
A 5-month business acceleration program is operated by Parallel18 twice each year in San Juan, Puerto Rico. Up to 40 startups across various industries and sectors are selected per cohort. Funding of 40,000 is provided to each participating startup. Multiple sectors are supported through this initiative, with operations focused on business development and growth.
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