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  "markdown": "Founder and CEO.\n\nParag Agrawal founded Parallel Web Systems, which builds infrastructure for AI agents to use the web. He joined Twitter as a software engineer in 2011, became its CTO in 2017 and was CEO from November 2021 to October 2022. He holds a PhD in computer science from Stanford.\n\n- LinkedIn: https://www.linkedin.com/in/paragagr/\n- X: https://x.com/paraga\n\n## What Parag builds\n\n- [Parallel Search and Task APIs](https://www.anchorterminal.com/tools/parallel-search-api.md), graded BB, 75.1/100, in Web search APIs. Parallel's web APIs for agents, covering search, page extraction, asynchronous research tasks, closed-ended decisions answered from current web evidence and an OpenAI-compatible Responses endpoint, with hosted Search and Task MCP servers. Founder and CEO, researched 2026-10-26.\n\n## Backed by\n\n- [Sequoia Capital](https://www.anchorterminal.com/investors/sequoia-capital/)\n- [Kleiner Perkins](https://www.anchorterminal.com/investors/kleiner-perkins/)\n- [Index Ventures](https://www.anchorterminal.com/investors/index-ventures/)\n- [Spark Capital](https://www.anchorterminal.com/investors/spark-capital/)\n- [Khosla Ventures](https://www.anchorterminal.com/investors/khosla-ventures/)\n- [First Round Capital](https://www.anchorterminal.com/investors/first-round-capital/)\n- [Terrain](https://www.anchorterminal.com/investors/terrain/)\n\n## Questions\n\n### Who is Parag Agrawal?\n\nParag Agrawal founded Parallel Web Systems, which builds infrastructure for AI agents to use the web. He joined Twitter as a software engineer in 2011, became its CTO in 2017 and was CEO from November 2021 to October 2022. He holds a PhD in computer science from Stanford.\n\n### What does Parallel Web Systems make?\n\nAnchor Terminal lists Parallel Search and Task APIs from Parallel Web Systems. Parallel's web APIs for agents, covering search, page extraction, asynchronous research tasks, closed-ended decisions answered from current web evidence and an OpenAI-compatible Responses endpoint, with hosted Search and Task MCP servers.\n\n### Who has invested in Parallel Web Systems?\n\nThe sources our research read name Sequoia Capital, Kleiner Perkins, Index Ventures, Spark Capital, Khosla Ventures, First Round Capital and Terrain.\n\n### How are Parag's tools graded?\n\nParallel Search and Task APIs is graded BB, 75.1 out of 100, on Anchor Terminal's benchmark, which scores every listing against the same checklist.\n\n## Sources\n\n- https://www.linkedin.com/in/paragagr/\n- https://stripe.com/blog/machine-payments-protocol\n- https://x.com/paraga\n- https://parallel.ai/\n- https://www.linkedin.com/company/parallel-web/\n- https://parallel.ai/about\n\nThese are the people building the tools we list, named for their public role in the company or project behind a listing, from public pages, with the date it was researched. They don't work for Anchor Terminal (our own team is on the about page, /about/#author). We show public roles, public profiles and what the listing pages show, nothing private. To correct something, send an about or a photo, or have a page removed, write to privacy@anchorterminal.com.\n",
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