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Parallel18
AddedFeb 16, 2024
UpdatedJun 28, 2026
Parallel18

Parallel18

Operating

Parallel18: A global innovation hub providing funding, mentorship, and business connections to diverse founders.

Location
San Juan, San Juan Province, AR
Founded
2015
Firm
Compare
Portfolio
Employees
Website

Parallel18 is an international innovation hub focused on supporting underrepresented founders globally. The organization provides funding, mentorship, business connections, and investment opportunities to startups. Parallel18 offers a three-month pre-acceleration program for local startups, providing grants, business training, and networking opportunities to help them launch successfully.

Notable portfolio companies include BrainHi, Fitco, and MakersValley. Parallel18's investment approach spans various stages, including seed, pre-seed, and grant funding. The hub's unique value proposition lies in its commitment to inclusive entrepreneurship and its comprehensive support system for diverse founders, combining financial backing with mentorship and business development resources.

Parallel18 - Portfolio Snapshot

Portfolio activity breakdown across disclosed investments and stages

Total Investments14
Current Portfolio Count13
Total Portfolio Exits0

Top Investment Stages

Seed5 (35.7%)
Series Unknown4 (28.6%)
Grant2 (14.3%)
Pre-Seed2 (14.3%)
Convertible Note1 (7.1%)

Stage Mix

Seed 36%Series Unknown 29%Grant 14%Pre-Seed 14%Convertible Note 7%

Concentration shown as share of disclosed investments by stage.

Recent Investments

Hokali logo

Hokali

Bookclub logo

Bookclub

Abaxto logo

Abaxto

Outsite logo

Outsite

LinkedAI logo

LinkedAI

BoxPower logo

BoxPower

Fitco logo

Fitco

Gopanza logo

Gopanza

Vozy logo

Vozy

AGTools logo

AGTools

Suplio logo

Suplio

BrainHi logo

BrainHi

MakersValley logo

MakersValley

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Visible Hands logo

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Founder Institute Montreal logo

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Ambition VC logo

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TechCode Accelerator logo

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Happy Farm logo

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XX logo

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Founders Club logo

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FounderFuel logo

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Startup Ignition logo

Startup Ignition

Parallel18 - Classification

NAICS
  • 520000Finance and Insurance
  • 523000Securities, Commodity Contracts, and Other Financial Investments and Related Activities
  • 523900Other Financial Investment Activities
  • 523990All Other Financial Investment Activities
  • 523999Miscellaneous Financial Investment Activities
SIC
  • 7300Business Services
Show 2 more industry codes
NAICS
  • 540000Professional, Scientific, and Technical Services
  • 541000Professional, Scientific, and Technical Services