Parallelz Raises $3M in Pre-Seed Funding

ParallelzThe company, which is based in Toronto, CA, and offers a platform that transforms native mobile apps instantly into native web applications, has raised $3M in pre-Seed funding.

Backers were Ryan Hoover and Ed Baker. 

The company plans to use the funds for team growth and platform development.

Led by Founder and CEO Albert Lai, Parallelz is building a new platform and software architecture that instantly transforms native mobile apps into native web apps, with zero compromise in visual quality or user experience. This solution allows developers to distribute their apps across multiple digital and social channels without having to rely on app stores.

The company intends to make the platform available for limited release in the second half of this year.

FinSMEs

22/06/2022

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