Parallel Venture Capital, LP

Thesis

Parallel Venture Capital, LP is an early-stage venture capital firm that focuses on investing in dual-use technologies, meaning technologies that have both national security and commercial applications. The firm aims to back U.S. and ally-founded startups that strengthen both commercial competitiveness and national security. Their investment thesis is centered on the belief that the future of national security will be driven by commercial founders rather than traditional prime contractors. They identify a gap where legacy procurement cycles and incumbent contractors struggle to keep pace with adversarial advancements. The firm's strategy is to invest in "dual-use technology"—commercial products that can serve both government and private sector clients. The firm's primary areas of interest include defense, artificial intelligence (AI), cybersecurity, and advanced materials. Parallel Venture Capital focuses on pre-seed and seed-stage investments, reserving capital for potential Series A follow-on investments. The firm primarily invests in U.S.-based companies, with a stated interest in backing U.S. and ally-founded startups. They aim to help founders secure government contracts and funding, guiding them from inception to scale. As of September 2025, Parallel Venture Capital, LP was raising up to $25.0 million. The firm's fund size is $25 million, with a target of investing in approximately 26 companies. The fund aims to write checks ranging from $500,000 to $1 million per investment deal.

Related lists

• Pre-seed AI investors
• Pre-seed Security investors
• Seed-stage AI investors