Parallel Systems
Los Angeles, United States
Mobile Robots / AMR / AGV · Founded 2020 · Series C
Parallel Systems builds autonomous, battery-electric rail vehicles that convert short-haul freight from trucks to rail. Its Panther vehicles self-sort into platoons without couplers, carry intermodal containers up to 500 miles on a charge, and integrate with existing railroad train control and business systems. The company targets railroads seeking new short-line and low-density routes, port shuttles, and direct-to-warehouse container service. It is pursuing commercial deployment, with major railroads reportedly under contract and a pilot with Genesee & Wyoming in Georgia under FRA supervision. Founded in 2020 and headquartered in Los Angeles, the company raised a $100 million Series C in October 2026, with total funding reported above $200 million.
Visit website- Based in
- Los Angeles, United States
- Founded
- 2020
- Builds
- Mobile Robots / AMR / AGV, Warehouse & Logistics Automation
- Industries
- Logistics & Supply Chain
- Stage
- Series C
- Team
- 50 to 100 people
- Funding raised
- $200M
- Open roles
- 21