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Parallel18
Parallel18 logo

Parallel18

Operating Status: Operating

Parallel18 provides startup acceleration, mentorship, and investment resources from Puerto Rico.

Location
San Juan, Puerto Rico, PR
Founded
2015
Firm
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Portfolio
Employees
News
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Parallel18 is a startup accelerator and investment platform based in Puerto Rico and operated as a program of the Puerto Rico Science, Technology, and Research Trust. It supports local and international founders through business training, mentorship, connections, and access to capital, linking startup development with economic activity on the island.

Its programs include P18 for international startup acceleration, BioLeap for life-sciences incubation, and Xpand for growth-stage companies. The platform also maintains investment initiatives and a directory of participating startups. Founders enter through program-specific application processes and receive support suited to their stage of development.

Parallel18 - Portfolio Snapshot

Portfolio activity breakdown across disclosed investments and stages

Portfolio Companies13
Follow-on Investments1
Current Portfolio Count13

Top Investment Stages

Seed5 (62.5%)
Pre-Seed2 (25.0%)
Angel1 (12.5%)

Stage Mix

Seed 63%Pre-Seed 25%Angel 13%

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

Parallel18 - Classification

Geographic Exposure
  • Global
Tags
  • Accelerator
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

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