Procurement Lead

Posted 4 Days Ago
Be an Early Applicant
2 Locations
In-Office
250K-350K Annually
Entry level
Artificial Intelligence • Information Technology
The Role
Build and lead Parallel’s procurement function, including compute and infrastructure negotiations, software and services purchasing, vendor management, and content and data partnership payouts. Own the full procurement lifecycle from intake through contracting and payment while partnering with finance, accounting, legal, and engineering. Establish flexible cloud commitments, improve forecasting and buying processes, use AI tools, negotiate complex deals, and help scale the procurement team.
Summary Generated by Built In
About us

Parallel is a web infrastructure company. Our products are used by leading businesses in sales, marketing, insurance, and coding to build best-in-class AI agents with flexible and powerful programmatic access to the web.

We've raised $230 million from Kleiner Perkins, Sequoia, Index Ventures, Spark Capital, Khosla Ventures, First Round, and Terrain to build the web for AIs. We're currently valued at $2 billion and we're forming a world-class team of engineers, designers, marketers, sellers, researchers, and operational experts to achieve our mission.

Job: Be a frugal, strategic, and and hard negotiator for Parallel. You will build and lead Parallel's Procurement function as we scale a generational AI infrastructure company. You’ll lead our compute negotiations, one of largest cost centers, structuring commitments with cloud and infrastructure providers that keep pace with fast, hard-to-forecast growth. You’ll own vendor procurement across software, services, and infrastructure, from intake to signature. You’ll also own content and data partnership payouts while are key to enhancing our product performance. You’ll partner closely with finance, accounting, legal, and engineering, and you’ll help hire the team as the function grows.
You: You’ve been the first procurement lead at a high-growth tech company and built the function from nothing. You’ve personally negotiated large, complex deals across cloud, AI, data, and software, and you can point to what you won. You understand compute economics: reserved versus on-demand, commit sizing, and the levers that keep things flexible. You’ve owned the full flow from request to contract to payment, so accounting stays clean. You use AI tools to move faster with a lean team. Teams come to you early because you make forecasting, and buying easier, not harder.

Life at Parallel

Our team works fully in-person, between our Palo Alto HQ and San Francisco office. We’re a flat, talent-dense organization dedicated to solving technical and creative problems.

We seek like-minded individuals who share our passion for applying science, creativity, and consistency to big and complex problems with equally big outcomes. These are our values:

  • Own customer impact: It’s on us to ensure real-world outcomes for our customers.

  • Obsess over craft: Perfect every detail because quality compounds.

  • Accelerate change: Ship fast, adapt faster, and move frontier ideas into production.

  • Create win-wins: Creatively turn trade-offs into upside.

  • Make high-conviction bets: Try and fail. But succeed an unfair amount.

Compensation & benefits
  • Competitive salary

  • Generous equity

  • Visa sponsorships

  • 401K plans

  • Daily lunch & office snacks

  • Dinner at the office

  • Unlimited vacation

  • Caltrain pass reimbursement

Skills Required

  • Experience serving as the first procurement lead at a high-growth technology company and building the function from scratch
  • Experience negotiating large, complex deals across cloud, AI, data, and software
  • Understanding of compute economics, including reserved versus on-demand capacity and commitment sizing
  • Experience owning the full procurement lifecycle from request through contract and payment
  • Ability to negotiate strategically and manage vendor procurement across software, services, and infrastructure
  • Experience using AI tools to increase efficiency with a lean team
  • Ability to partner with finance, accounting, legal, and engineering teams
  • Willingness to work fully in person between the Palo Alto headquarters and San Francisco office

Parallel Web Systems Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Parallel Web Systems and has not been reviewed or approved by Parallel Web Systems.

  • Equity Value & Accessibility — Equity is prominently advertised as “generous” across roles, paired with competitive base pay. A reported ML Engineer package including substantial stock indicates equity is a meaningful component.
  • Wellbeing & Lifestyle Benefits — Daily lunch, snacks, and dinner are provided, with Caltrain pass reimbursement supporting commuters. In‑person offices in Palo Alto and San Francisco enable these onsite perks.
  • Retirement Support — A 401(k) plan is explicitly listed on multiple job postings. This establishes a baseline layer of retirement support alongside cash and equity.

Parallel Web Systems Insights

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The Company
HQ: Palo Alto, California
23 Employees

What We Do

At Parallel Web Systems, we are bringing a new web to life: it’s built with, by, and for AIs. Our work spans innovations across crawling, indexing, ranking, retrieval, and reasoning systems. Our first product is a set of API for AIs to do more with web data.

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