Project Manager, Parallel Systems

$140-180k

+ Equity

JIRA
Trello
Asana
Mid and Senior level
Los Angeles
Parallel Systems

Autonomous Zero-emissions freight transportation

Be an early applicant

Parallel Systems

Autonomous Zero-emissions freight transportation

21-100 employees

B2BSustainabilityLogisticsFreightSupply Chain

Be an early applicant

$140-180k

+ Equity

JIRA
Trello
Asana
Mid and Senior level
Los Angeles

21-100 employees

B2BSustainabilityLogisticsFreightSupply Chain

Company mission

To decarbonize freight while improving supply chain logistics and safety through its autonomous, zero-emission freight transportation system.

Company mission

To decarbonize freight while improving supply chain logistics and safety through its autonomous, zero-emission freight transportation system.

66% employee growth in 12 months

Our take

The huge freight networks of the U.S. currently face the significant challenge of optimizing their supply chain logistics whilst meeting regulations for the mitigation of global warming. Whilst electric trucking startups provide a small-scale solution, the $700B industry is enormous, and replacing trucks would be unaffordable to most companies.

Parallel Systems designs autonomous, zero-emissions freight transportation systems for railways, providing a sustainable alternative to freight trucking. The automated rail vehicles use existing railway networks to increase infrastructure utilization and open railroads to new markets, whilst providing an alternative to logistics companies that is safer, faster, zero-emission, and lower cost.

While the company faces competition in fellow autonomous railcar company Intramotev, Parallel shows promise to disrupt the market by being based on pre-existing infrastructure that is faster, safer, and cheaper than road-based logistics. Through this approach, the company can help logistics companies become carbon-neutral whilst increasing their access to railway freight, thus saving them money and boosting opportunities for revenue growth.

Steph headshot

Steph

Company Specialist at Welcome to the Jungle

Funding (last 2 of 3 rounds)

Apr 2025

$38m

SERIES B

Jan 2022

$49.6m

SERIES A

Total funding: $91.2m

Leadership

Matt Soule

(Founder & CEO)

Avionics Engineer for SpaceX from 2006 to 2019.