Parallel develops autonomous, battery-electric rail vehicles to convert freight from truck to rail. Our technology enables railroads to serve new markets, decongest highways, and reduce shipping costs and pollution. We provide a safer, more efficient, and sustainable alternative to short-haul trucking, seamlessly integrating with existing rail operations and powering the future of freight.
| Website | https://www.moveparallel.com/ |
| Revenue | $8.2 million |
| Employees | 55 (44 on RocketReach) |
| Founded | 2020 |
| Technologies |
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| Industry | Railroad Equipment Manufacturing, Road, Electrical Equipment |
| Keywords | Freight Transportation, Autonomous Vehicles, Supply Chain Logistics, Transportation Technology, Electric Vehicles, Decarbonization, Freight Technology, Supply Chain Technology, Intermodal Transport, Sustainable Logistics, Logistics Software, Vehicle Automation, Intermodal Logistics, Autonomous Trucking, Zero Emission Vehicles, Clean Transportation, Freight Automation, Green Freight, Shipping Automation, Autonomous Delivery |
| Competitors | Cruise, Tesla, Aurora, Zoox, Argo AI, Torc Robotics, Motional, Waymo, Pony.ai +35 more (view full list) |
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Parallel Systems Questions
The Parallel Systems annual revenue was $8.2 million in 2026.
Matt Soule is the Founder and CEO of Parallel Systems.
44 people are employed at Parallel Systems.
Parallel Systems is based in Los Angeles, California.
Top Parallel Systems Employees
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Matt Soule
Founder and CEO at Parallel Systems
Los Angeles, CA, US35+ -
Arun Gupta
Executive Chairman of the Board at Parallel Systems
Los Angeles, CA, US45+ -
Bilal Azam
Head of Talent at Parallel Systems
Irvine, CA, US24 -
Fraser Kinnear
Senior Director, Finance and Accounting at Parallel Systems
Los Angeles, CA, US25+ -
Karina Saryan
Head of Finance at Parallel Systems
United States45+ -
Jason Weikel
Human Resources Director at Parallel Systems
Los Angeles, CA, US35+ -
Matt Swan
Director of Sales at Parallel Systems
Phoenix, AZ, US22 -
Thomas Praderio
Director of Engineering at Parallel Systems
Los Angeles, CA, US34 -
Neal Lofgren
Director of Sales at Parallel Systems
United States22
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