JustRaised: Funded Startup Founders Databasejustraised

Matt Soule

Founder and CEO · Parallel Systems · Los Angeles, CA, United States

Transportation · Series C · Founded 2020

Latest raise
$100M
Date raised
October 7, 2026
Round
Series C

About Matt Soule

Parallel builds automated, battery-electric rail vehicles that let railroads serve shorter, lower-density freight routes.

Who is Matt Soule?
Matt Soule is listed as Founder and CEO of Parallel Systems, a transportation company founded in 2020 based in Los Angeles, CA, United States.
How much did Parallel Systems raise?
Parallel Systems raised $100M in a Series C round on October 7, 2026 (26 days ago). Backed by Advance Venture Partners.

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