Travers

// building a parallel web for AIs // cofounder @p0 //

[Travers @travers00]

we raised a Series B, led @sequoia

the web's second user is coming online

[Parag Agrawal @paraga]

We raised a Series B led by @sequoia at a $2 billion valuation and I’m excited to welcome @andrew__reed to our board.

All our existing investors doubled down: @kleinerperkins, @IndexVentures, @khoslaventures, @firstround, @sparkcapital, @AbstractVC, and @terraincap.

[Georgios Konstantopoulos @gakonst]

Awesome collaborating with the Parallel (@p0) team to offer better web search for free out of the box in Centaur, our open source AI agent for Slack!

In addition to free web search, Centaur can also use Parallel for deep research in Slack!

Try it out: https://t.co/CtS185zH5f

[Travers @travers00]

@gakonst @p0 this is super cool

[Terrain @terraincap]

"There’s a real historical lineage from the early open internet to where we are now... none of AI would exist without the [open web]."

Parallel’s culture is shaped by the history of the web: its ideals, aesthetics, openness, and human imperfections.

@travers00 and the @p0 team follow that history closely: both to learn from it, and to help create what’s on the horizon.

[Travers @travers00]

one prompt to rule them all

[Parallel Web Systems @p0]

Agents can now onboard themselves to Parallel. Upgrade any agent with just a single prompt →

"Use curl to read https://t.co/wbTYOz8bdg and perform the setup to install Parallel"

[Travers @travers00]

was a blast sitting down with @vanlancker and sharing a bit more about what we're up to at @p0

[Willem @vanlancker]

Following rapid growth, a $100M Series B, and a slate of new launches, I sat down with Parallel co-founder @travers00.

@p0 is building core search infrastructure for the agentic web: systems that enable AI to retrieve, structure, and reason over information across the internet with speed, accuracy, and reliability.

I joined Travers at Parallel’s new Palo Alto office for a wide-ranging conversation on:

> The pace going from launch last August to becoming critical infrastructure powering production workflows at companies like Notion, Harvey, Granola, and more.

> Why Parallel sees the future of search as far beyond “ten blue links,” toward systems built for retrieval, reasoning, monitoring, and computation.

> The changing nature of the web itself: its economics, openness, and what happens as agents become primary users.

> The artistry and legacy of internet history shaping the company: Olivetti typewriters, Douglas Hofstadler, Lloyd Shapley, Christo & Jeanne-Claude, Google’s Search Box, and how it inspired programs like the Museum of the Human Web.

This is an extensive and wide ranging look into one of the most interesting sectors of the agentic web. We @terraincap feel lucky to have worked with Travers and the team since the start just two years ago. So much to do.

[Travers @travers00]

@rohansuri_ @NooksHQ the @NooksHQ team is truly building at the frontier - game changer for GTM and we've been so lucky to get to work closely with you all to bring this to life

[Willem @vanlancker]

Following rapid growth, a $100M Series B, and a slate of new launches, I sat down with Parallel co-founder @travers00.

@p0 is building core search infrastructure for the agentic web: systems that enable AI to retrieve, structure, and reason over information across the internet with speed, accuracy, and reliability.

I joined Travers at Parallel’s new Palo Alto office for a wide-ranging conversation on:

> The pace going from launch last August to becoming critical infrastructure powering production workflows at companies like Notion, Harvey, Granola, and more.

> Why Parallel sees the future of search as far beyond “ten blue links,” toward systems built for retrieval, reasoning, monitoring, and computation.

> The changing nature of the web itself: its economics, openness, and what happens as agents become primary users.

> The artistry and legacy of internet history shaping the company: Olivetti typewriters, Douglas Hofstadler, Lloyd Shapley, Christo & Jeanne-Claude, Google’s Search Box, and how it inspired programs like the Museum of the Human Web.

This is an extensive and wide ranging look into one of the most interesting sectors of the agentic web. We @terraincap feel lucky to have worked with Travers and the team since the start just two years ago. So much to do.

[Parag Agrawal @paraga]

Thanks @benthompson for such a wide-ranging and fun conversation.

Read/listen if you want to go deep on business models around content for an agentic web.

[Travers @travers00]

@yb_effect @paraga might find this pod with @paraga and @benthompson this morning interesting https://t.co/H5TJ7JDnpF

[Travers @travers00]

@patrickc @p0 @mpp excited to work with you on figuring out the rails

[Patrick Collison @patrickc]

Cool release from @p0. I think this use-case (agents paying content creators for access via @mpp) will be very big. Micropayment walls haven't worked (as Clay Shirky anticipated many years ago) because of human cognitive overhead, but agents can make arbitrarily granular determinations without decision fatigue.

[Travers @travers00]

@nbaschez love this

[Travers @travers00]

@meetgranola power user of this feature. so well built and designed

[Josh Kopelman @joshk]

I’ve been in the internet business for three decades. In that time, I’ve watched the web get built, break and rebuild itself around getting humans to pay attention. Ads, subscriptions, affiliate links — the whole economic infrastructure of the web was designed to capture and monetize human eyeballs.

Agents don’t have attention spans, they execute tasks. When an agent reads an article, the ad doesn’t load or the subscription prompt never appears. The content gets used but the creator gets nothing.

When @paraga pitched us on Parallel Web Systems (@p0), the thesis was that agents would use the web far more than humans ever would. The inevitable next question is who captures the value agents are creating.

Today, Parallel is launching Index: a way for site owners to see exactly how agents use their content, with a compensation model tied to actual usefulness of that content. Content that’s uniquely valuable or used in high-value agent work earns more.

Proud to back Parag and the whole Parallel team. Learn more about Index here:

[Travers @travers00]

@merinids @carrawu @paraga lucky to have you as part of this and building this with us!

[Parag Agrawal @paraga]

We started @p0 based on the belief that AI agents will use the web 1000x more than humans, and we need new tech and business models as a result.

We are already seeing agents scale on our infrastructure, and this is the starting point for a new business model for the web.

[Travers @travers00]

@jeff_weinstein @mpp @stripe thank you @jeff_weinstein - new economic models for agents on the web need great rails!

[Ed Ludlow @EdLudlow]

Parag Agrawal on the show today!

His startup Parallel launches “Index” — a new system designed to compensate publishers and creators when AI agents use their content.

@paraga

[Travers @travers00]

@sjgadler this is really important and cool work - excited to see you launch this @sjgadler

[Travers @travers00]

@packyM incredibly lucky to have you join the index - excited for what's ahead!