Parallel · Mar 2026
Parallel announced a $20M Series A led by Index Ventures, with participation from Frst, YC, Hexa and named angels. The funding supports broader hospital deployment, international expansion and new administrative workflows.
Company research
Public company, workplace, funding, and market signals
Updated Aug 2, 2026
Overview
Parallel is a Paris-based healthcare-technology startup building AI agents that automate hospital administrative workflows. Its agents operate on top of existing hospital software through remote VPN/RPA rather than requiring lengthy integrations; the company launched as Kiosk Medical and was rebranded/launched publicly as Parallel in 2025. [Parallel; YC]
Primary product
AI-powered medical-coding agents and assistants for hospitals: they read clinical documentation, suggest or enter standardized codes, provide auditable evidence, and help hospitals improve reimbursement and reduce administrative workload.
Founded
2024
Headquarters
Paris, France
Team size
11–50; approximately 15 people in an earlier 2026 job posting
Work style
Onsite
Industry
Hospitals and Health Care
Open Positions
22 jobs at Parallel
Sr Manager, Accounting
On-siteOperationsSan Francisco or Palo Alto4d ago
On-site