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Procurement Lead

Parallel

Bay Area, CAFull-time$250–350K/yrPosted 3w agoStill listed 1 day ago

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At a glance

Compensation
$250–350K/yr
Location
Bay Area, CA
Schedule
Full-time
Work Authorization
Open to visa holders • Sponsors visas

Olive focuses on jobs in the United States, including remote roles you can work from there.

Job overview

Parallel is seeking a Procurement Lead to build and lead its procurement function as the company scales. The role leads compute negotiations and vendor procurement across software, services, and infrastructure, and owns content and data partnership payouts. It partners with finance, accounting, legal, and engineering, and helps hire the growing team. The company works fully in person five days a week.

Skills & qualifications

RequiredNice to have

Skills

Procurement, nice to haveNegotiation, nice to haveCompute Economics, nice to haveAI Tools, nice to haveForecasting, nice to have

Qualifications

First Procurement Lead Experience, nice to haveHigh-Growth Tech Company Experience, nice to haveComplex Deal Negotiation Experience, nice to haveCloud, AI, Data, and Software Deals, nice to haveFull Procurement Flow Experience, nice to have

Benefits

401(k) Match
Paid Time Off

Full job description

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 We believe in a fully in person work culture 5 days a week. We’re building strong offices in San Francisco, Palo Alto, Austin, and New York. Your office and in office days will depend on your team, and we will walk you through the details during the interview process. 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

How this job compares

Set against the 5,007 open Procurement jobs on Olive Jobs, counted November 13, 2026.

Pay
  • This posting$250–350K/yr
  • California median$117–171K/yr413 salary ranges
  • US median$95–145K/yr2,958 salary ranges

This range's midpoint, $300K, is 109% above the California median midpoint ($144K) — in the top quarter of Procurement salary ranges in California.

Openings
Olive Jobs lists 534 open Procurement jobs in California and 5,007 across the US. 4% of them nationwide are listed as remote or flexible.
Hiring the most in California
Experience
Procurement postings that state a minimum ask for 5 years of experience at the median; the middle half ask for 3 to 7 years (3,991 postings).
Education
2,000 of the 5,007 open Procurement jobs (40%) ask for a bachelor's degree or higher.

Counted across the open, public US postings on Olive Jobs on November 13, 2026. Figures based on too few postings are left out.

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