In Parallel, a Finnish startup, has raised €2.8M to scale its AI-powered platform, which is designed to help businesses execute their strategies more effectively. The platform leverages AI agents to automate tasks, provide real-time insights, and optimize decision-making.
In Parallel has successfully closed a €2.8 million seed funding round from Lifeline Ventures, which will help the company scale its innovative AI-powered approach to strategy execution management.
In Parallel’s business is to digitalize and improve enterprise operating models to enable efficient and aligned strategy execution.
Its proprietary AI-powered Intelligent Operating Model is designed to test, set, and monitor the contexts that businesses and management teams need to accelerate their strategy.
In Parallel’s approach uses AI agents that autonomously handle tasks like data collection, alignment tracking, and market analysis. This provides leaders with real-time insights and proactive adaptability, reducing the need for costly consulting services while ensuring continuous strategic execution.
Known as the “Parallel Twin,” this capability empowers leaders to define and simulate outcomes, align their teams, and make informed decisions for enhanced business performance.
In Parallel describes this approach as Strategy-Execution-as-Software, offering an efficient, data-driven alternative for adaptive strategy execution.
The seed round was led by Lifeline Ventures, a Helsinki-based venture capital firm that is an early investor in companies such as Supercell, Oura, Wolt, Aiven, and ICEYE. Notion Capital, a venture capital firm focused on European SaaS and Cloud, also participated in the round.
Lifeline Ventures focuses on technology startups in software, consumer internet, and health tech sectors. Its portfolio includes successful companies such as Oura, Supercell, Varjo, and Wolt.
Markku Mäkeläinen, In Parallel co-founder and CEO, says:
“This funding represents a crucial milestone for us – it is an investment in our game-changing technology and a strong endorsement of our vision. Our mission is to empower organizations and people to do the right things right, and in doing so, to transform strategic concepts into tangible outcomes.
We aspire to enable major organizations to enhance their strategic execution capability and thrive in today’s rapidly changing business environment.
We are already partnering with some of the world’s leading companies. With this new funding, we’re excited to accelerate our mission and extend our solutions to a broader set of global enterprises.”
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Teemu Mattila, Partner at LifeLine Ventures, says:
“In essence, In Parallel increases the velocity of large enterprises. Their AI-powered platform enables leaders to experiment with strategies and implement them effectively, as well as enterprises to rapidly adapt to changes in their internal and external environments. In Parallel and strategy is akin to Celonis and processes, and both will be multi-ten-billion dollar long-term market opportunities.”
In Parallel plans to leverage this investment to expand its reach in the Central European and Nordic markets while continuing to drive innovation in the field of strategy execution.
