Parallel

Parallel

Parallel is a software development company that creates virtual Hangout apps.

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JPY1.2b

Series C
Total Funding000k
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Parallel is an innovative online hangout app designed to enhance social interactions by allowing users to enjoy games, videos, and music with their friends in a virtual space. The platform aims to replicate the feel of hanging out in familiar physical locations like a house, a usual spot, or a classroom, but in an online environment. Parallel primarily serves tech-savvy individuals and social media enthusiasts who seek to maintain and enhance their social connections through digital means. Operating in the social media and entertainment market, Parallel employs a freemium business model, offering basic services for free while charging for premium features and content. Revenue is generated through in-app purchases, subscriptions, and potentially through advertising partnerships.

Keywords: online hangout, social interactions, games, videos, music, virtual space, freemium model, in-app purchases, subscriptions, digital connections, entertainment.

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