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Parallel Web Systems Analysis: $740M Raised

What is Parallel Web Systems?

Enterprise deep research API for AI agents

Location
Palo Alto, California, United States
Employees
11-50
Founded
2023
Positioning Against Clay
API infrastructure

Product Features & Capabilities

  • Enterprise deep research API with structured JSON responses
  • Multi-hop query support for complex research tasks
  • Evidence-based outputs with verifiability and provenance
  • SOC-II Type 2 certified infrastructure
  • Flexible pricing based on task complexity.

Other Considerations

SOC-II Type 2 certified; Outperforms leading AI models in accuracy; Trusted by various startups and enterprises.

Latest Funding Round

Series A: $100M co-led by Kleiner Perkins and Index Ventures (November 2025)

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Clay Alternatives

Financial Overview

$740MTotal Raised
Series A: $100M co-led by Kleiner Perkins and Index Ventures (November 2025)
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