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Parallel Web Systems

Parag Agrawal’s AI startup raises $100 million

November 13, 2025 by Zuha shahzad

AI startup Parallel Web Systems, founded by former Twitter CEO Parag Agrawal, has secured $100 million in Series A funding to build web search infrastructure for AI agents and fund partnerships with online content providers. The round values the company at $740 million and was co-led by Kleiner Perkins and Index Ventures, with participation from […]

Filed Under: Business Tagged With: AI, Latest, Parag Agrawal, Parallel Web Systems, Series A funding, Startups, web search

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