Does Parallel Finance Inc. sponsor H-1B visas?

Yes. Parallel Finance Inc. filed 5 H-1B labor condition applications with the U.S. Department of Labor (FY2022), of which 4 were certified. LCA filings are labor-condition applications certified by the U.S. Department of Labor, not active job postings or approved USCIS H-1B petitions.

How many H-1B applications has Parallel Finance Inc. filed?

Parallel Finance Inc. has 5 H-1B LCA filings on record spanning FY2022 across 4 role titles and 3 worksites.

What roles does Parallel Finance Inc. sponsor for H-1B?

The most common H-1B role at Parallel Finance Inc. is Senior Software Engineer (2 filings). Other frequent roles include Principal Software Engineer, Senior Quality Engineer, Staff Software Engineer.

What wages does Parallel Finance Inc. offer H-1B workers?

For its most-sponsored role (Senior Software Engineer), Parallel Finance Inc. reported offered wages ranging from $108,701 to $155,000 in DOL LCA filings.

Home / Companies / Parallel Finance Inc.

Parallel Finance Inc. H-1B company data

Name: Parallel Finance Inc. H-1B / LCA filings
Creator: bluedoor

Summary

Parallel Finance Inc. filed 5 H-1B labor condition applications (LCAs) with the U.S. Department of Labor between FY2022.

Of those, 4 were certified (a 100% certification rate among adjudicated filings).

The filings span 4 distinct role titles across 3 worksites.

The most-sponsored role was Senior Software Engineer (2 filings), with offered wages from $108,701 to $155,000.

Separately, USCIS H-1B Employer Data Hub records show 2 approved and 1 denied H-1B petitions for this employer.

LCA filings are labor-condition applications certified by the U.S. Department of Labor, not active job postings or approved USCIS H-1B petitions.

Role rows Wage rows Trends

Employer	LCA filings	Role titles	Worksites	Coverage	USCIS approvals	Top role	Sources	Open
Parallel Finance Inc. PARALLEL FINANCE INC	5	4	3	FY2022 to FY2022 Latest decision 2022-05-17	2	Senior Software Engineer 2 filings	dol_oflc_lca, uscis_h1b_employer_data_hub	Profile

Activity summary

LCA filings	5
Certified LCAs	4
Denied LCAs	0
Role titles	4
Worksites	3
Latest decision	2022-05-17
USCIS approvals	2
USCIS denials	1

Aliases and source names

Aliases	Source Names	Sources
PARALLEL FINANCE INC	Parallel Finance Inc., PARALLEL FINANCE INC	dol_oflc_lca, uscis_h1b_employer_data_hub

Top roles

Title	SOC	LCA filings	Low wage min	High wage max
Senior Software Engineer	15-1132.00 Software Developers, Applications	2	$108,701	$155,000
Principal Software Engineer	15-1132.00 Software Developers, Applications	1	$108,701	$240,000
Senior Quality Engineer	15-1199.01 Software Quality Assurance Engineers and Testers	1	$168,834	$210,000
Staff Software Engineer	15-1132.00 Software Developers, Applications	1	$111,176	$140,000

Top markets

City	State	Postal Code	LCA Count	Role Title Count	Wage Low Min	Wage High Max	First Fiscal Year	Latest Fiscal Year
Rochester	NY	14620	2	2	108,701	240,000	2,022	2,022
Irving	TX	75039	2	2	111,176	140,000	2,022	2,022
San Francisco	CA	94103	1	1	168,834	210,000	2,022	2,022

Full company payload

Company ID	company:parallel finance
Name	Parallel Finance Inc.
Normalized Name	parallel finance
Source Company Ids	company_dol_oflc_lca_parallel_finance_inc, company_uscis_h1b_datahub_parallel_finance_inc_tax_8470
Source Names	Parallel Finance Inc., PARALLEL FINANCE INC
Aliases	PARALLEL FINANCE INC
Sources	dol_oflc_lca, uscis_h1b_employer_data_hub

Names

{
  "source_names": [
    "Parallel Finance Inc.",
    "PARALLEL FINANCE INC"
  ],
  "dba_names": [],
  "name_variants": [
    {
      "value": "Parallel Finance Inc.",
      "filing_count": 5,
      "first_fiscal_year": 2022,
      "latest_fiscal_year": 2022,
      "source": "dol_oflc_lca"
    },
    {
      "value": "PARALLEL FINANCE INC",
      "source": "uscis_h1b_employer_data_hub"
    }
  ]
}

Identifiers

[
  {
    "identifier_type": "tax_id_last_four",
    "identifier_value": "8470",
    "source": "uscis_h1b_employer_data_hub"
  }
]

LCA Activity

{
  "lca_count": 5,
  "case_count": 5,
  "role_title_count": 4,
  "worksite_count": 3,
  "total_workers": 5,
  "first_fiscal_year": 2022,
  "first_received_date": "2022-02-23",
  "latest_fiscal_year": 2022,
  "latest_decision_date": "2022-05-17",
  "certified_count": 4,
  "denied_count": 0,
  "status_breakdown": [
    {
      "value": "Certified",
      "filing_count": 3,
      "first_fiscal_year": 2022,
      "latest_fiscal_year": 2022,
      "source": "dol_oflc_lca"
    },
    {
      "value": "Certified - Withdrawn",
      "filing_count": 1,
      "first_fiscal_year": 2022,
      "latest_fiscal_year": 2022,
      "source": "dol_oflc_lca"
    },
    {
      "value": "Withdrawn",
      "filing_count": 1,
      "first_fiscal_year": 2022,
      "latest_fiscal_year": 2022,
      "source": "dol_oflc_lca"
    }
  ],
  "visa_class_breakdown": [
    {
      "value": "H-1B",
      "filing_count": 5,
      "first_fiscal_year": 2022,
      "latest_fiscal_year": 2022,
      "source": "dol_oflc_lca"
    }
  ],
  "full_time_position_breakdown": [
    {
      "value": "Y",
      "filing_count": 5,
      "first_fiscal_year": 2022,
      "latest_fiscal_year": 2022,
      "source": "dol_oflc_lca"
    }
  ]
}

Petition Activity

{
  "initial_approval": 0,
  "initial_denial": 0,
  "continuing_approval": 0,
  "continuing_denial": 0,
  "total_approval": 2,
  "total_denial": 1,
  "fiscal_years": [
    "2022"
  ],
  "year_metrics": [
    {
      "cities": [
        "San Francisco"
      ],
      "states": [
        "CA"
      ],
      "fiscal_year": 2022,
      "naics_codes": [
        "54"
      ],
      "postal_codes": [
        "94103"
      ],
      "total_denial": 1,
      "initial_denial": 0,
      "total_approval": 2,
      "initial_approval": 0,
      "continuing_denial": 1,
      "petition_count_id": "petition_count_uscis_h1b_archive_parallel_finance_inc_tax_8470_2022",
      "source_record_ids": [
        "sr_uscis_h1b_datahub_2022_row_039401"
      ],
      "continuing_approval": 2
    }
  ]
}

Addresses

{
  "office_addresses": [
    {
      "address_kind": "office",
      "raw_address": "SAN FRANCISCO CA 94103",
      "city": "San Francisco",
      "state": "CA",
      "postal_code": "94103",
      "filing_count": 5,
      "case_count": 5,
      "first_fiscal_year": 2022,
      "latest_fiscal_year": 2022,
      "latest_decision_date": "2022-05-17",
      "source_ids": [
        "dol_oflc_lca"
      ]
    }
  ],
  "worksite_addresses": [
    {
      "address_kind": "worksite",
      "raw_address": "IRVING TX 75039",
      "city": "Irving",
      "county": "Dallas",
      "state": "TX",
      "postal_code": "75039",
      "filing_count": 2,
      "case_count": 2,
      "first_fiscal_year": 2022,
      "latest_fiscal_year": 2022,
      "latest_decision_date": "2022-05-17",
      "source_ids": [
        "dol_oflc_lca"
      ]
    },
    {
      "address_kind": "worksite",
      "raw_address": "ROCHESTER NY 14620",
      "city": "Rochester",
      "county": "Monroe",
      "state": "NY",
      "postal_code": "14620",
      "filing_count": 2,
      "case_count": 2,
      "first_fiscal_year": 2022,
      "latest_fiscal_year": 2022,
      "latest_decision_date": "2022-04-08",
      "source_ids": [
        "dol_oflc_lca"
      ]
    },
    {
      "address_kind": "worksite",
      "raw_address": "SAN FRANCISCO CA 94103",
      "city": "San Francisco",
      "county": "San Francisco",
      "state": "CA",
      "postal_code": "94103",
      "filing_count": 1,
      "case_count": 1,
      "first_fiscal_year": 2022,
      "latest_fiscal_year": 2022,
      "latest_decision_date": "2022-03-02",
      "source_ids": [
        "dol_oflc_lca"
      ]
    }
  ],
  "summary": {
    "office_address_count": 1,
    "worksite_address_count": 3,
    "has_street_address_evidence": true,
    "caveat": "LCA employer/worksite addresses are capped filing evidence scoped to matched source company names and should not be treated as verified headquarters without external validation."
  }
}

Geography

{
  "states": [
    "NY",
    "TX",
    "CA"
  ],
  "cities": [
    "Rochester",
    "Irving",
    "San Francisco"
  ],
  "postal_codes": [
    "14620",
    "75039",
    "94103"
  ],
  "top_markets": [
    {
      "city": "Rochester",
      "state": "NY",
      "postal_code": "14620",
      "lca_count": 2,
      "role_title_count": 2,
      "wage_low_min": 108701,
      "wage_high_max": 240000,
      "first_fiscal_year": 2022,
      "latest_fiscal_year": 2022
    },
    {
      "city": "Irving",
      "state": "TX",
      "postal_code": "75039",
      "lca_count": 2,
      "role_title_count": 2,
      "wage_low_min": 111176,
      "wage_high_max": 140000,
      "first_fiscal_year": 2022,
      "latest_fiscal_year": 2022
    },
    {
      "city": "San Francisco",
      "state": "CA",
      "postal_code": "94103",
      "lca_count": 1,
      "role_title_count": 1,
      "wage_low_min": 168834,
      "wage_high_max": 210000,
      "first_fiscal_year": 2022,
      "latest_fiscal_year": 2022
    }
  ]
}

Industry

{
  "naics_codes": [
    "541512",
    "54"
  ],
  "naics_breakdown": [
    {
      "value": "541512",
      "filing_count": 5,
      "first_fiscal_year": 2022,
      "latest_fiscal_year": 2022,
      "source": "dol_oflc_lca"
    }
  ]
}

Wage Summary

{
  "annualized_low_min": 108701,
  "annualized_high_max": 240000,
  "annualized_low_avg": 121717.6
}

Trend

[
  {
    "fiscal_year": 2022,
    "quarter": "Q2",
    "lca_count": 2,
    "case_count": 2,
    "role_title_count": 2,
    "worksite_count": 2,
    "wage_low_min": 108701,
    "wage_high_max": 210000,
    "wage_low_avg": 138767.5
  },
  {
    "fiscal_year": 2022,
    "quarter": "Q3",
    "lca_count": 3,
    "case_count": 3,
    "role_title_count": 3,
    "worksite_count": 2,
    "wage_low_min": 108701,
    "wage_high_max": 240000,
    "wage_low_avg": 110351
  }
]

Links

{
  "roles": "/v1/roles?company=Parallel%20Finance%20Inc.",
  "wages": "/v1/wages?company=Parallel%20Finance%20Inc.",
  "trends": "/v1/trends?company=Parallel%20Finance%20Inc."
}

Frequently asked questions

Does Parallel Finance Inc. sponsor H-1B visas?: Yes. Parallel Finance Inc. filed 5 H-1B labor condition applications with the U.S. Department of Labor (FY2022), of which 4 were certified. LCA filings are labor-condition applications certified by the U.S. Department of Labor, not active job postings or approved USCIS H-1B petitions.
How many H-1B applications has Parallel Finance Inc. filed?: Parallel Finance Inc. has 5 H-1B LCA filings on record spanning FY2022 across 4 role titles and 3 worksites.
What roles does Parallel Finance Inc. sponsor for H-1B?: The most common H-1B role at Parallel Finance Inc. is Senior Software Engineer (2 filings). Other frequent roles include Principal Software Engineer, Senior Quality Engineer, Staff Software Engineer.
What wages does Parallel Finance Inc. offer H-1B workers?: For its most-sponsored role (Senior Software Engineer), Parallel Finance Inc. reported offered wages ranging from $108,701 to $155,000 in DOL LCA filings.

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