Locations
Los Angeles, CA, USA · Outpost Estates, Los Angeles, CA, USA
Size
11-50 employees
Stage
Series A
founded in
2020
Parallel Systems is revolutionizing freight transportation by developing autonomous, battery-electric rail vehicles that convert freight from trucking to rail. Their innovative technology allows railroads to expand service to rail corridors under 1,000 miles, providing a zero-emissions, flexible option for moving freight. The company aims to tap into the $700 billion U.S. trucking industry, offering lower costs, improved service, and increased revenue for railroads while contributing to decarbonization efforts in the freight sector. With a mission-driven team and venture backing, Parallel Systems is positioned to disrupt the freight transportation landscape.
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