Know your runway. Plan your hires.
Raise with confidence.
Model any decision and see how it moves runway, burn, and revenue before you commit — all on a live forecast Parallel builds from your accounting.
15-day free trial. No credit card required.
Used by Startups Funded by
How It Works
Confident decisions in less than 5 min
01
Connect accounting
Link QuickBooks or Puzzle and Parallel will automatically generate a model based on your data.
02
Customize your profile
Add your team and answer some questions on how your company works to refine your forecast.
03
Model what's next
Create a scenario to test a hire, or explore a raise. See how the decisions impact your metrics.
Parallel gives you the confidence to tackle the most critical financial questions in your startup
Runway Clarity
Know your runway the moment your data changes — and see exactly what moved the curve.
Headcount Planning
See the fully loaded cost, runway impact, and upside of every hire before you make the offer.
Fundraising Prep
Model the raise, see what each amount buys, and walk in with numbers investors can pressure-test.
Revenue Forecasting
An always-live revenue forecast that shows which lever actually moves ARR, runway, and margin.
Cash Flow Management
Your bank balance shows where you are. See where your cash is headed and what can change it.
Burn Management
See what's driving your burn and how each decision moves the trajectory before you commit.
Everything you need to plan, model, and report
Powerful enough to model your business, simple enough to get answers fast and get back to building.
Scenarios
Explore what-if scenarios and see how any hiring, spending, or fundraising decision moves your runway and key metrics.
Headcount
See the fully loaded cost of every role and how each hire bends your runway before you make the offer.
Reporting
Your three-statement model, budget vs actuals, and board-ready reports, built from your actuals and ready to share in minutes.
Dashboards & Metrics
Your burn, runway, and SaaS metrics, always current and ready to share with your board or team.
Integrations
Connect QuickBooks Online or Puzzle once and your forecast stays accurate and up to date automatically.
Customer Stories & Testimonials
“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
How do I calculate runway?
A basic runway calculation divides your current cash by your monthly burn rate—for example, $500k in the bank and $50k in monthly burn equals 10 months of runway. This method does oversimplify the data. Parallel goes beyond static math by factoring in actual expenses, planned hires, changing revenue, one-time costs, and payment timing to project your real cash runway. It acts as a live, dynamic calculator that updates automatically, helping you understand not just how long your cash will last, but how key decisions impact your financial future.
What’s the difference between accounting and forecasting?
Accounting tracks what already happened—how much you spent, earned, and where the money went. Forecasting maps out what’s coming next based on your plans for growth, spending, and hiring. Parallel connects the two by pulling in your actuals and projecting what’s ahead, so you can make smarter decisions with a clearer view of the future.
Do I need a finance background to use Parallel?
No, many early-stage companies manage finances in Parallel on their own before they hire a CFO. Parallel is built for exactly this scenario. It gives you CFO-level clarity and insights without the full-time CFO cost. You’ll get guided financial planning, scenario analysis, and real-time metrics that help you make informed decisions. This means you can delay hiring a finance person until you’re bigger, while still staying on top of your numbers.
Why shouldn’t I just use spreadsheets for my startup’s finances?
Spreadsheets can certainly work at first, but they often become fragile and time-consuming as your business grows. Startups commonly say “I have a spreadsheet, but I don’t trust it” – manual sheets are prone to errors and constantly need updates. Parallel takes away that headache. It automatically updates your data (no more version control nightmares), ensures consistency, and provides clear dashboards. In short, it gives you financial clarity without the typical spreadsheet chaos, so you’re not second-guessing your model every time something changes.
How quickly can I set up Parallel for my startup?
Very quickly – you can go from sign-up to seeing insights in just a few hours. Parallel is designed to be simple to use with minimal setup. You connect your accounting data (like QuickBooks) and input a few basics about your finances, and Parallel does the rest. There’s no steep learning curve or complicated configuration – even without a finance background, you can have your forecast up and running the same day, and it requires little upkeep to stay accurate.
How does Parallel connect to my accounting software?
Parallel integrates directly with QuickBooks, Xero, and other popular accounting tools. Once connected, your actuals flow in automatically — keeping your forecast fresh without any manual data entry. Setup takes about 15 minutes.
How is Parallel different from other forecasting tools?
Most forecasting tools are built for finance teams. Parallel is built for founders. That means it’s simpler to set up, easier to understand, and always connected to your real numbers. You don’t need a CFO or a finance background to model your runway, plan hires, or prep for a raise.
Know your numbers. Decide with confidence
See your numbers, your growth, and your model
Start your free trial
15-day free trial. No credit card required.