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Parallel
Parallel

Parallel

Operating Status: Operating

Parallel invests in talent-led wellness media ventures, combining early financing with strategy and operational support.

Location
Los Angeles, CA, US
Founded
2020
Firm
Compare
Portfolio
Employees
News
Library

Parallel is an investment office and media studio backing talent-led ventures in health and well-being. It finances early media projects and combines capital with content strategy and operational support, including production, budgets, contracts, and distribution. Its work spans documentaries, podcasts, newsletters, and partnerships between public figures and consumer brands.

Co-founders Ken Kao and Nic Gonda lead the firm alongside partner and lead strategist Jocelyn Florence. Projects include financing and executive production of a Chloe Kim documentary and the podcast This Little Light with Flea. Parallel also maintains a legacy portfolio of wellness consumer brands and funds, and identifies Waypoint Entertainment as its sister company.

Parallel - Portfolio Snapshot

Portfolio activity breakdown across disclosed investments and stages

Total Investments1
Portfolio Companies1
Current Portfolio Count1
Total Portfolio Exits0

Top Investment Stages

Series A1 (100.0%)

Stage Mix

Series A 100%

Concentration shown as share of disclosed investments by stage.

Recent Investments

Cure logo

Cure

Parallel - Classification

Also Known As
  • Waypoint Wellness, LLC
Geographic Exposure
  • Americas
Tags
  • Consulting
  • Creator Economy
  • Venture Studio
NAICS
  • 510000Information
SIC
  • 7300Business Services
  • 7310Advertising

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