Parallel

Parallel builds AI agents for healthcare administration. Its listed product, "Agent n°01", is a medical coding agent that works alongside hospital teams to code stays faster and more accurately, using generative AI tailored to coding standards and hospital-specific rules.

The agent connects to existing hospital systems through remote VPN access and robotic process automation, and the company states that health data is hosted in the EU by HDS-certified infrastructure providers in line with GDPR. The customers are hospitals, and the website describes the offering as a way to optimise hospital revenue and save staff time.

The website lists a Series A raise of $20M to accelerate AI agent deployment in hospitals. The company is registered in France, and its open roles are all listed in Paris, across product and engineering, new business, and operations. The founding year and headcount are not stated on the website.

Product: Medical coding AI agent that automates coding for simple hospital stays and suggests codes for complex ones, connected to hospital systems via VPN and RPA.