Parallel Bio

  • BioTech/Drugs
  • Cambridge MA
  • 8 employees
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Company Overview

Website
parallel.bio
Email
Employees
8
Industry
BioTech/Drugs
SIC Code
8731 - Commercial Physical and Biological Research
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Financials & Stats

Revenue

$3B

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Recent News & Media

Parallel Bio aims to slash drug discovery by ‘$2 billion and 9 years’

  • Jun 17, 2025
  • longevity.technology

Parallel Bio’s $21M in Series A will drive aim to trim $2B and 9 years from drug development timelines

  • Jun 17, 2025
  • drugdiscoverytrends.com

Exclusive: Organoid startup raises $21M to test drugs and vaccines in human lymph nodes-in-a-dish

  • Jun 13, 2025
  • endpoints.news

Parallel Bio Raises $21M in Series A Funding

  • Jun 12, 2025
  • finsmes.com

Parallel Bio Secures $21 Million in Series A to Advance Human-First Drug Discovery

  • Jun 12, 2025
  • businesswire.com

Webinar offers guide to R&D data clarity

  • May 14, 2025
  • rdworldonline.com

Who is Parallel Bio

Parallel Bio is a biotechnology company based in Cambridge, Massachusetts. The company is privately held and currently employs 8 people. Parallel Bio focuses on developing innovative solutions in the field of drug discovery and immunotherapy. They have created a groundbreaking technology, a human 'immune system in a dish,' designed to accelerate the identification of drugs and immunotherapies with a higher likelihood of success in treating patients. Their proprietary technology enables researchers to model the complexities of the human immune system in a controlled laboratory setting. This approach allows for more precise and efficient screening of potential drug candidates, ultimately leading to the development of safer and more effective treatments. Interested parties can visit Parallel Bio's website at parallel.bio for more information.

Company Leadership

Juliana Hilliard

Co-Founder & CSO

Phone Email

Parallel Bio Industry Tags

Biotechnology Research
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Companies Similar to Parallel Bio

Analyze industry trends and opportunities by examining competitors and companies comparable to Parallel Bio, including their performance metrics, financials, growth dynamics, and competitive benchmarks.

Company Name Revenue Number of Employees Location Founded in

CoLucid Pharmaceuticals

 3M 2 Cambridge, MA 2005

Amarantus BioScience

 3M 7 New York, NY 2008

IntelliCell BioSciences

 3M 3 New York, NY

Provectus Biopharmaceuticals

 3M 2 Knoxville, TN 2004

Cassava Sciences Inc

 3M 35 Austin, TX
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FAQ

What is the location of Parallel Bio's headquarters?
The headquarters of Parallel Bio are situated at 750 Main Street, Cambridge MA
What is Parallel Bio's official website?
The official website of Parallel Bio can be found at parallel.bio.
What is Parallel Bio's current revenue?
As of June 2024, Parallel Bio's annual revenue reached $3B.
How many employees does Parallel Bio currently have?
Parallel Bio employs approximately 8+ people as of June 2024
Which industries is Parallel Bio primarily operating in?
Parallel Bio operates in the following industries: Biotechnology, Pharmaceutical, Therapeutics
Who is the Co-Founder & CSO of Parallel Bio?
Parallel Bio's Co-Founder & CSO is Juliana Hilliard
What are Parallel Bio's industry tags?
Parallel Bio's industry tags include: Biotechnology Research

Employee Directory

Key Employees

Robert DiFazio

Co-Founder & CEO

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Chris Paschall

Head of Business Development

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