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Company intel
From the job board · LinkedIn data via posting sync- Industry
- Railroad Equipment Manufacturing
- Company size
- 66 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.