Parallel, a Paris‑based startup founded in 2024, announced a $20 million Series A round led by Index Ventures. The funding will accelerate the rollout of its AI agents that automate hospital administrative workflows such as medical coding, billing, and admissions. By operating on top of existing hospital software rather than requiring deep integration, Parallel claims hospitals can deploy the solution within a week. The company already has agents in use at several dozen public and private hospitals in France and plans to expand across the Netherlands, Belgium, and other European markets. Read more →