AI search startup Parallel raises $100 million to build live-web search for agents

Parallel Web Systems raised $100 million at a $740 million valuation to build live-web search infrastructure for AI agents, backed by Kleiner Perkins and Index Ventures.

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  7. AI search startup Parallel raises $100 million to build live-web search for agents
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2h ago

AI search startup Parallel raises $100 million to build live-web search for agents

AI search startup Parallel raises $100 million to build live-web search for agents
Parallel Web Systems, founded by former Twitter CEO Parag Agrawal, has secured $100 million in Series A funding at a $740 million valuation. The company develops APIs that allow AI agents to query the live web and access curated content for real-time tasks. The round was co-led by Kleiner Perkins and Index Ventures, with participation from Khosla Ventures. Funds will be used to scale infrastructure, expand partnerships and drive commercial deployments. 

The move underscores growing investor interest in AI infrastructure and agent-centric search platforms.

Related:
Major AI and fintech funding rounds accelerate global capital deployment across compute and infrastructure scale-ups
Economictimes• By Pooja Kumari
Explore:High Return Equity Mutual Fund
positive
2h ago

AI search startup Parallel raises $100 million to build live-web search for agents

AI search startup Parallel raises $100 million to build live-web search for agents
Parallel Web Systems, founded by former Twitter CEO Parag Agrawal, has secured $100 million in Series A funding at a $740 million valuation. The company develops APIs that allow AI agents to query the live web and access curated content for real-time tasks. The round was co-led by Kleiner Perkins and Index Ventures, with participation from Khosla Ventures. Funds will be used to scale infrastructure, expand partnerships and drive commercial deployments. 

The move underscores growing investor interest in AI infrastructure and agent-centric search platforms.

Related:
Major AI and fintech funding rounds accelerate global capital deployment across compute and infrastructure scale-ups
Economictimes• By Pooja Kumari
Explore:High Return Equity Mutual Fund
Breaking
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AI search startup Parallel raises $100 million to build live-web search for agents

about 2 hours ago
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AI search startup Parallel raises $100 million to build live-web search for agents

Parallel Web Systems raised $100 million at a $740 million valuation to build live-web search infrastructure for AI agents, backed by Kleiner Perkins and Index Ventures.

Parallel Web Systems, founded by former Twitter CEO Parag Agrawal, has secured $100 million in Series A funding at a $740 million valuation. The company develops APIs that allow AI agents to query the live web and access curated content for real-time tasks. The round was co-led by Kleiner Perkins and Index Ventures, with participation from Khosla Ventures. Funds will be used to scale infrastructure, expand partnerships and drive commercial deployments. 

The move underscores growing investor interest in AI infrastructure and agent-centric search platforms.

AI search startup Parallel raises $100 million to build live-web search for agents
Parallel Web Systems, founded by former Twitter CEO Parag Agrawal, has secured $100 million in Series A funding at a $740 million valuation. The company develops APIs that allow AI agents to query the live web and access curated content for real-time tasks. The round was co-led by Kleiner Perkins and Index Ventures, with participation from Khosla Ventures. Funds will be used to scale infrastructure, expand partnerships and drive commercial deployments. 

The move underscores growing investor interest in AI infrastructure and agent-centric search platforms.

Companies:
Parallel Web Systems
Kleiner Perkins
Index Ventures
+1 more
Tags:
startups
ai
startups
ai
funding
search infrastructure
technology
Related:
Major AI and fintech funding rounds accelerate global capital deployment across compute and infrastructure scale-ups
Source: Economictimes
By Pooja KumariExplore:High Return Equity Mutual Fund
Nov 13, 2025 • 03:35 IST

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