Parallel raises $20M to scale AI solutions for hospital administration

Paris-based Parallel, a startup developing AI agents for hospitals, has raised $20 million in a Series A round led by Index Ventures, with participation from Frst, Y Combinator, Hexa, and several angel investors. The funding follows a $3.5 million seed round less than a year earlier, with the company’s technology already deployed across multiple public and private hospitals.Hospitals continue to rely on complex administrative workflows spread across legacy systems, requiring staff to manually…