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Engineering · Palo Alto

The web infrastructure for AI agents.

Today’s web and search engines were built for humans. As AI agents increasingly search, research, monitor, and act on information from the web, they need infrastructure designed for machines. Parallel Web Systems is building that layer, spanning crawling, indexing, search ranking, retrieval, reasoning, and model training.

Visit parallel.ai ↗ $2B valuation 100K+ developers ~40 engineers
Founders & leadership
Parag Agrawal

Parag Agrawal

Founder & CEO

CTO and then CEO of Twitter, where he spent over a decade on internet-scale systems. PhD in Computer Science from Stanford, with a background in distributed systems and ML.

Travers Nisbet

Travers Nisbet

Co-founder

Previously led bank-partnership strategy and ran the savings product at Chime. Before that, McKinsey in San Francisco, working on payments and growth strategy for technology marketplaces.

Utkarsh Srivastava

Utkarsh Srivastava

Head of Engineering

Previously SVP of Engineering at Patreon, led Android messaging, video, and calling at Google, and was Senior Director of Engineering at Twitter. Co-created Apache Pig at Yahoo Research. PhD in Computer Science from Stanford.

100K+Developers building on Parallel
$230MRaised · $2B valuation
$100MSeries B led by Sequoia · Apr 2026
21Open roles · 9 in engineering
Watch

Parag Agrawal on building a new web for AI agents.

01 · The opportunity

Foundational infrastructure, not another application on top of it.

You would be building the technology other AI companies build on top of. Parallel is often invisible to the end user: its infrastructure sits underneath other AI products and agents, across legal, finance, sales, insurance, and research.

The thesis

The web was built for humans

Search engines assume a person typing a query and reading a page. Agents do neither, and the infrastructure underneath has never been redesigned for them.

The problem

A genuinely new technical problem

Agents interact with the web very differently from people, potentially consuming thousands of documents or searching continuously in the background. Existing infrastructure was never designed for that.

The leverage

Improve retrieval, improve everything

Better retrieval, ranking, or indexing at Parallel means many downstream AI products get better with it. Early, but validated: a small, talent-dense team with real adoption, capital, and sophisticated customers.

02 · Traction

Already underneath the products you know.

Over 100,000 developers are building with Parallel, alongside insurers, banks, and hedge funds.

Harvey Notion Profound Opendoor Actively
Scale

100K+ developers

Building on Parallel’s crawling, indexing, search, and retrieval infrastructure.

Customers

Named and unnamed

Harvey, Notion, Profound, Opendoor, and Actively, plus insurers, banks, and hedge funds.

Use cases

Legal, finance, sales, insurance, research

Parallel is often invisible to the end user, sitting underneath other AI products and agents.

03 · Backed by

Backed by top-tier investors.

$230M raised at a $2B valuation. The latest round was a $100M Series B led by Sequoia in April 2026, in which every existing investor increased participation.

Sequoia Kleiner Perkins Index Ventures Khosla Ventures First Round Capital Spark Capital Terrain Capital
In the press

Recent coverage.

04 · Open roles

What they’re hiring for.

21 open roles in all, 9 of them in engineering. Small and flat (~40 engineers), talent-dense, and AI-first.

Engineering · 9 open roles
  • Retrieval & Indexing
  • Search Ranking
  • Model Training
  • Data Engineering
  • Backend / API
  • Research
  • Deployed Engineering
Culture
  • Obsess over craft
  • Accelerate change
  • Make high-conviction bets
  • ~40 engineers · small · flat · AI-first
Location & flexibility
  • Palo Alto, at least 3 days a week
    The baseline expectation. If you’re based in SF, you can work from the SF office the other 2 days.
  • New York works too
    New York-based candidates are eligible at all levels, including early career.

If you want to build what other AI companies build on, let’s talk.

Foundational infrastructure, a genuinely new technical problem, and a small team that has already operated systems at this scale.