Parallel Systems

Powering autonomous rail.

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Industry: Railroad Equipment Manufacturing
Company size: 67 people
Headquarters: Los Angeles, California
Founded: 2020
Type: Privately Held
Total funding: $91.3M

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.

Railroad Freight Service Transportation Electric Vehicle GreenTech Autonomous Vehicles

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