Parallel Loop

Parallel Loop is an AI services and software company that works with enterprises to take AI initiatives from planning to production. Its tagline is "Your AI operating partner". The company is new to the market and launched publicly on 14 October 2026 with $6.6 million in seed funding led by 3one4 Capital. Its site lists no headquarters; its press kit says it has teams in Singapore, Bengaluru, Bangkok, London and Dubai.

What it does

The company has three offerings. AI Enablement identifies promising opportunities, sets roadmaps and builds AI capability inside the client. The AI Stack is a secure, governed, modular platform that connects to a client's systems and organisational context, supporting uses from live dashboards to rules-based workflows. The Software Factory uses forward-deployed engineers and AI agents to modernise legacy systems and build new applications.

Its site describes on-premises deployment or cloud deployment locked to an agreed region, separate repositories, MCP connections and containers for each organisation, zero data retention, a choice of models, and an audit trail of prompts, responses, context changes and actions.

Who it serves

Parallel Loop targets retail and consumer, healthcare, financial services, insurance, and industrials and energy. Clients named on its site are Havells, Licious, Scimplify and Tokio Marine, and the site adds that it also works with others across industries. The press kit gives no founding year, headcount or customer count.

Key facts

• Launched: 14 October 2026
• Founders: Prateek Jogani and Yujun Chean, who co-founded FairDee, acquired by Qoala in 2021
• Funding: $6.6 million seed led by 3one4 Capital
• Team locations: Singapore, Bengaluru, Bangkok, London, Dubai
• Team page: names 26 people
• Contact: hello@parallelloop.ai