Parallel - Financial Clarity to Scale Confidently

Initialized Capital

Y Combinator

Antler

Gradient

Nightcap

Used by Startups Funded by

We kept hearing the same story from startups: “We have a spreadsheet, but we don’t trust it.”

From scenario modeling to burn and runway tracking, we built Parallel to give you the tools to confidently answer questions like: Can I afford this hire? When will I run out of cash? What do I need to raise? No more spreadsheets or time-consuming workflows. Just clear, reliable answers. Track your burn rate, model your runway, and plan your raise – without the complexity.

Our Mission

Use Cases

Built for the Decisions that Matter

Parallel gives you the confidence to tackle the most critical problems in your startup

Runway Clarity & Burn Management

Get a real-time view of your forecasted runway, burn rate, and key metrics — automatically updated with actuals from your accounting software. Make fast, confident decisions without second-guessing your data.

Smart Hiring & Spending

Instantly explore what-if scenarios, model hires and expenses, and forecast your cash needs with clarity. See how each decision affects your runway before you commit. No surprises, just smart growth.

Fundraising & Investor Updates

Forecast how much to raise, how long it will last, and what it unlocks. Parallel lets you model funding scenarios, show how a new round extends your runway, and easily share clear, credible data with investors.

Product Features

Powerful Capabilities, Simple to Use

All the tools you need to model, track, and plan. No steep learning curve. No black box.

Scenario Modeling

Easily explore what-if scenarios and see the trade-offs of hiring, spending, or fundraising decisions across your financial KPI's

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Headcount Planning

Understand how hiring decisions affect your runway, growth, and team efficiency

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Budget vs Actuals Comparison

Catch overspending fast and update your forecast with real-time actuals

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Financial Dashboards

Understand your burn, runway, and key metrics — always accurate & ready to share

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Shareable Reports

Send clean, reliable reports to investors or your team in moments

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Strategic Guidance

Get insights for your business across hiring, fundraising, vendor spend, and more

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Integrations

Connect QuickBooks or other accounting tools to keep forecasts accurate and always up to date—automatically

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All Features

Customer Stories & Tesimonials

Trusted by Startups

“In just a few weeks, Parallel has already paid for itself. It opened the black box of my finances and empowered me to know where to concentrate my efforts.”

Caleb Hicks

CEO, SchoolAI

View Case Study

"If you're still stuck in a spreadsheet, you've gotta check it out. Seriously."

Steve Domino

Cofounder, Crew

"I never have to worry or think about Runway and can instead focus on building and selling product while making sure that we are ready to adapt."

Cairo Murphy

Founder, Stratus

"It gives me the clarity to know exactly what levers to pull in order to get the results that we want"

Ryan Pickering

Founder, TruWill

"We knew we needed to get our data room in shape, fast! Parallel made organizing and presenting our financial data feel like something we were in control of and in a way that was clean, digestible, and actually shareable."

Atul Raghunathan

Founder, Hyperbound

"I got the answers waaaay faster and was able to make a much better strategic decision as a result."

Shane Murphy

Co-Founder, Boostly (YC S22)

"When building a company, every dollar is precious. To maintain a high talent density, every hire is essential. My hands-down favorite tool as the CEO of Enzy is Parallel."

Rob Craig

Founder, Enzy

"We use Parallel to make smart bets instead of budgets. It’s opened the black box of my finances, and empowered me to know where to concentrate my efforts.”

Caleb Hicks

Founder, SchoolAI

"Parallel removes the guesswork and helps us feel more confident about resource allocation. The team is also incredibly responsive and customer-obsessed in all the right ways."

Rishi Ahuja

Founder, Benny

"Look, I know I'm biased. But running a startup is hard enough already, we would not be seeing any success without Parallel."

Clint Savage

Founder, GetParallel

"If you're still stuck in a spreadsheet, you've gotta check it out. Seriously."

Steve Domino

Cofounder, Crew

"I never have to worry or think about Runway and can instead focus on building and selling product while making sure that we are ready to adapt."

Cairo Murphy

Founder, Stratus

"It gives me the clarity to know exactly what levers to pull in order to get the results that we want"

Ryan Pickering

Founder, TruWill

"If you're still stuck in a spreadsheet, you've gotta check it out. Seriously."

Steve Domino

Cofounder, Crew

"I never have to worry or think about Runway and can instead focus on building and selling product while making sure that we are ready to adapt."

Cairo Murphy

Founder, Stratus

"It gives me the clarity to know exactly what levers to pull in order to get the results that we want"

Ryan Pickering

Founder, TruWill

Atul Raghunathan

Founder, Hyperbound

"I got the answers waaaay faster and was able to make a much better strategic decision as a result."

Shane Murphy

Co-Founder, Boostly (YC S22)

"When building a company, every dollar is precious. To maintain a high talent density, every hire is essential. My hands-down favorite tool as the CEO of Enzy is Parallel."

Rob Craig

Founder, Enzy

"We use Parallel to make smart bets instead of budgets. It’s opened the black box of my finances, and empowered me to know where to concentrate my efforts.”

Caleb Hicks

Founder, SchoolAI

"Parallel removes the guesswork and helps us feel more confident about resource allocation. The team is also incredibly responsive and customer-obsessed in all the right ways."