diff --git a/src/main/java/com/pivovarit/collectors/AsyncParallelCollector.java b/src/main/java/com/pivovarit/collectors/AsyncParallelCollector.java
index bb7c44d1..bd6a782b 100644
--- a/src/main/java/com/pivovarit/collectors/AsyncParallelCollector.java
+++ b/src/main/java/com/pivovarit/collectors/AsyncParallelCollector.java
@@ -7,6 +7,7 @@
 import java.util.Set;
 import java.util.concurrent.CompletableFuture;
 import java.util.concurrent.Executor;
+import java.util.concurrent.Executors;
 import java.util.function.BiConsumer;
 import java.util.function.BinaryOperator;
 import java.util.function.Function;
@@ -83,6 +84,12 @@ private static <T> CompletableFuture<Stream<T>> combine(List<CompletableFuture<T
         return combined;
     }
 
+    static <T, R> Collector<T, ?, CompletableFuture<Stream<R>>> collectingToStream(Function<T, R> mapper) {
+        requireNonNull(mapper, "mapper can't be null");
+
+        return new AsyncParallelCollector<>(mapper, Dispatcher.virtual(), Function.identity());
+    }
+
     static <T, R> Collector<T, ?, CompletableFuture<Stream<R>>> collectingToStream(Function<T, R> mapper, Executor executor, int parallelism) {
         requireNonNull(executor, "executor can't be null");
         requireNonNull(mapper, "mapper can't be null");
@@ -93,6 +100,13 @@ private static <T> CompletableFuture<Stream<T>> combine(List<CompletableFuture<T
           : new AsyncParallelCollector<>(mapper, Dispatcher.from(executor, parallelism), Function.identity());
     }
 
+    static <T, R, RR> Collector<T, ?, CompletableFuture<RR>> collectingWithCollector(Collector<R, ?, RR> collector, Function<T, R> mapper) {
+        requireNonNull(collector, "collector can't be null");
+        requireNonNull(mapper, "mapper can't be null");
+
+        return new AsyncParallelCollector<>(mapper, Dispatcher.virtual(),s -> s.collect(collector));
+    }
+
     static <T, R, RR> Collector<T, ?, CompletableFuture<RR>> collectingWithCollector(Collector<R, ?, RR> collector, Function<T, R> mapper, Executor executor, int parallelism) {
         requireNonNull(collector, "collector can't be null");
         requireNonNull(executor, "executor can't be null");
diff --git a/src/main/java/com/pivovarit/collectors/Dispatcher.java b/src/main/java/com/pivovarit/collectors/Dispatcher.java
index 23a9aad6..f9d1f0d1 100644
--- a/src/main/java/com/pivovarit/collectors/Dispatcher.java
+++ b/src/main/java/com/pivovarit/collectors/Dispatcher.java
@@ -17,9 +17,9 @@ final class Dispatcher<T> {
     private final Executor executor;
     private final Semaphore limiter;
 
-    private Dispatcher(int permits) {
+    private Dispatcher() {
         this.executor = Executors.newVirtualThreadPerTaskExecutor();
-        this.limiter = new Semaphore(permits);
+        this.limiter = null;
     }
 
     private Dispatcher(Executor executor, int permits) {
@@ -31,8 +31,8 @@ static <T> Dispatcher<T> from(Executor executor, int permits) {
         return new Dispatcher<>(executor, permits);
     }
 
-    static <T> Dispatcher<T> virtual(int permits) {
-        return new Dispatcher<>(permits);
+    static <T> Dispatcher<T> virtual() {
+        return new Dispatcher<>();
     }
 
     CompletableFuture<T> enqueue(Supplier<T> supplier) {
@@ -51,7 +51,11 @@ private FutureTask<T> completionTask(Supplier<T> supplier, InterruptibleCompleta
         FutureTask<T> task = new FutureTask<>(() -> {
             if (!completionSignaller.isCompletedExceptionally()) {
                 try {
-                    withLimiter(supplier, future);
+                    if (limiter == null) {
+                        future.complete(supplier.get());
+                    } else {
+                        withLimiter(supplier, future);
+                    }
                 } catch (Throwable e) {
                     completionSignaller.completeExceptionally(e);
                 }
diff --git a/src/main/java/com/pivovarit/collectors/ParallelCollectors.java b/src/main/java/com/pivovarit/collectors/ParallelCollectors.java
index d611b974..e4ab1546 100644
--- a/src/main/java/com/pivovarit/collectors/ParallelCollectors.java
+++ b/src/main/java/com/pivovarit/collectors/ParallelCollectors.java
@@ -17,6 +17,32 @@ public final class ParallelCollectors {
     private ParallelCollectors() {
     }
 
+
+    /**
+     * A convenience {@link Collector} used for executing parallel computations using Virtual Threads
+     * and returning them as a {@link CompletableFuture} containing a result of the application of the user-provided {@link Collector}.
+     *
+     * <br>
+     * Example:
+     * <pre>{@code
+     * CompletableFuture<List<String>> result = Stream.of(1, 2, 3)
+     *   .collect(parallel(i -> foo(i), toList()));
+     * }</pre>
+     *
+     * @param mapper      a transformation to be performed in parallel
+     * @param collector   the {@code Collector} describing the reduction
+     * @param <T>         the type of the collected elements
+     * @param <R>         the result returned by {@code mapper}
+     * @param <RR>        the reduction result {@code collector}
+     *
+     * @return a {@code Collector} which collects all processed elements into a user-provided mutable {@code Collection} in parallel
+     *
+     * @since 3.0.0
+     */
+    public static <T, R, RR> Collector<T, ?, CompletableFuture<RR>> parallel(Function<T, R> mapper, Collector<R, ?, RR> collector) {
+        return AsyncParallelCollector.collectingWithCollector(collector, mapper);
+    }
+
     /**
      * A convenience {@link Collector} used for executing parallel computations on a custom {@link Executor}
      * and returning them as a {@link CompletableFuture} containing a result of the application of the user-provided {@link Collector}.
@@ -44,6 +70,32 @@ private ParallelCollectors() {
         return AsyncParallelCollector.collectingWithCollector(collector, mapper, executor, parallelism);
     }
 
+    /**
+     * A convenience {@link Collector} used for executing parallel computations using Virtual Threads
+     * and returning them as {@link CompletableFuture} containing a {@link Stream} of these elements.
+     *
+     * <br><br>
+     * The collector maintains the order of processed {@link Stream}. Instances should not be reused.
+     *
+     * <br>
+     * Example:
+     * <pre>{@code
+     * CompletableFuture<Stream<String>> result = Stream.of(1, 2, 3)
+     *   .collect(parallel(i -> foo()));
+     * }</pre>
+     *
+     * @param mapper      a transformation to be performed in parallel
+     * @param <T>         the type of the collected elements
+     * @param <R>         the result returned by {@code mapper}
+     *
+     * @return a {@code Collector} which collects all processed elements into a {@code Stream} in parallel
+     *
+     * @since 3.0.0
+     */
+    public static <T, R> Collector<T, ?, CompletableFuture<Stream<R>>> parallel(Function<T, R> mapper) {
+        return AsyncParallelCollector.collectingToStream(mapper);
+    }
+
     /**
      * A convenience {@link Collector} used for executing parallel computations on a custom {@link Executor}
      * and returning them as {@link CompletableFuture} containing a {@link Stream} of these elements.
@@ -72,6 +124,32 @@ private ParallelCollectors() {
         return AsyncParallelCollector.collectingToStream(mapper, executor, parallelism);
     }
 
+    /**
+     * A convenience {@link Collector} used for executing parallel computations using Virtual Threads
+     * and returning a {@link Stream} instance returning results as they arrive.
+     * <p>
+     * For the parallelism of 1, the stream is executed by the calling thread.
+     *
+     * <br>
+     * Example:
+     * <pre>{@code
+     * Stream.of(1, 2, 3)
+     *   .collect(parallelToStream(i -> foo()))
+     *   .forEach(System.out::println);
+     * }</pre>
+     *
+     * @param mapper      a transformation to be performed in parallel
+     * @param <T>         the type of the collected elements
+     * @param <R>         the result returned by {@code mapper}
+     *
+     * @return a {@code Collector} which collects all processed elements into a {@code Stream} in parallel
+     *
+     * @since 3.0.0
+     */
+    public static <T, R> Collector<T, ?, Stream<R>> parallelToStream(Function<T, R> mapper) {
+        return ParallelStreamCollector.streaming(mapper);
+    }
+
     /**
      * A convenience {@link Collector} used for executing parallel computations on a custom {@link Executor}
      * and returning a {@link Stream} instance returning results as they arrive.
@@ -100,6 +178,32 @@ private ParallelCollectors() {
         return ParallelStreamCollector.streaming(mapper, executor, parallelism);
     }
 
+    /**
+     * A convenience {@link Collector} used for executing parallel computations on a custom {@link Executor}
+     * and returning a {@link Stream} instance returning results as they arrive while maintaining the initial order.
+     * <p>
+     * For the parallelism of 1, the stream is executed by the calling thread.
+     *
+     * <br>
+     * Example:
+     * <pre>{@code
+     * Stream.of(1, 2, 3)
+     *   .collect(parallelToOrderedStream(i -> foo()))
+     *   .forEach(System.out::println);
+     * }</pre>
+     *
+     * @param mapper      a transformation to be performed in parallel
+     * @param <T>         the type of the collected elements
+     * @param <R>         the result returned by {@code mapper}
+     *
+     * @return a {@code Collector} which collects all processed elements into a {@code Stream} in parallel
+     *
+     * @since 3.0.0
+     */
+    public static <T, R> Collector<T, ?, Stream<R>> parallelToOrderedStream(Function<T, R> mapper) {
+        return ParallelStreamCollector.streamingOrdered(mapper);
+    }
+
     /**
      * A convenience {@link Collector} used for executing parallel computations on a custom {@link Executor}
      * and returning a {@link Stream} instance returning results as they arrive while maintaining the initial order.
diff --git a/src/main/java/com/pivovarit/collectors/ParallelStreamCollector.java b/src/main/java/com/pivovarit/collectors/ParallelStreamCollector.java
index 4902946d..acd2e4b6 100644
--- a/src/main/java/com/pivovarit/collectors/ParallelStreamCollector.java
+++ b/src/main/java/com/pivovarit/collectors/ParallelStreamCollector.java
@@ -78,6 +78,12 @@ public Set<Characteristics> characteristics() {
         return characteristics;
     }
 
+    static <T, R> Collector<T, ?, Stream<R>> streaming(Function<T, R> mapper) {
+        requireNonNull(mapper, "mapper can't be null");
+
+        return new ParallelStreamCollector<>(mapper, unordered(), UNORDERED, Dispatcher.virtual());
+    }
+
     static <T, R> Collector<T, ?, Stream<R>> streaming(Function<T, R> mapper, Executor executor, int parallelism) {
         requireNonNull(executor, "executor can't be null");
         requireNonNull(mapper, "mapper can't be null");
@@ -86,6 +92,12 @@ public Set<Characteristics> characteristics() {
         return new ParallelStreamCollector<>(mapper, unordered(), UNORDERED, Dispatcher.from(executor, parallelism));
     }
 
+    static <T, R> Collector<T, ?, Stream<R>> streamingOrdered(Function<T, R> mapper) {
+        requireNonNull(mapper, "mapper can't be null");
+
+        return new ParallelStreamCollector<>(mapper, ordered(), emptySet(), Dispatcher.virtual());
+    }
+
     static <T, R> Collector<T, ?, Stream<R>> streamingOrdered(Function<T, R> mapper, Executor executor,
         int parallelism) {
         requireNonNull(executor, "executor can't be null");
diff --git a/src/test/java/com/pivovarit/collectors/CompletionOrderSpliteratorTest.java b/src/test/java/com/pivovarit/collectors/CompletionOrderSpliteratorTest.java
index 7a04dd3a..0dd4ea93 100644
--- a/src/test/java/com/pivovarit/collectors/CompletionOrderSpliteratorTest.java
+++ b/src/test/java/com/pivovarit/collectors/CompletionOrderSpliteratorTest.java
@@ -1,6 +1,5 @@
 package com.pivovarit.collectors;
 
-import org.junit.jupiter.api.RepeatedTest;
 import org.junit.jupiter.api.Test;
 
 import java.util.Arrays;
@@ -11,10 +10,8 @@
 import java.util.concurrent.CompletableFuture;
 import java.util.concurrent.CompletionException;
 import java.util.function.Consumer;
-import java.util.stream.Collectors;
 import java.util.stream.StreamSupport;
 
-import static java.time.Duration.ofMillis;
 import static java.util.Arrays.asList;
 import static org.assertj.core.api.Assertions.assertThat;
 import static org.assertj.core.api.Assertions.assertThatThrownBy;
diff --git a/src/test/java/com/pivovarit/collectors/FunctionalTest.java b/src/test/java/com/pivovarit/collectors/FunctionalTest.java
index 0e2b1164..f3a318bd 100644
--- a/src/test/java/com/pivovarit/collectors/FunctionalTest.java
+++ b/src/test/java/com/pivovarit/collectors/FunctionalTest.java
@@ -7,7 +7,6 @@
 
 import java.time.Duration;
 import java.time.LocalTime;
-import java.util.Arrays;
 import java.util.Collection;
 import java.util.HashSet;
 import java.util.LinkedList;
@@ -64,6 +63,12 @@ class FunctionalTest {
     @TestFactory
     Stream<DynamicTest> collectors() {
         return of(
+          // virtual threads
+          virtualThreadsTests((m, e, p) -> parallel(m, toList()), "ParallelCollectors.parallel(toList()) [virtual]", true),
+          virtualThreadsTests((m, e, p) -> parallel(m, toSet()), "ParallelCollectors.parallel(toSet()) [virtual]", false),
+          virtualThreadsTests((m, e, p) -> parallel(m, toCollection(LinkedList::new)), "ParallelCollectors.parallel(toCollection()) [virtual]", true),
+          virtualThreadsTests((m, e, p) -> adapt(parallel(m)), "ParallelCollectors.parallel() [virtual]", true),
+          // platform threads
           tests((m, e, p) -> parallel(m, toList(), e, p), format("ParallelCollectors.parallel(toList(), p=%d)", PARALLELISM), true),
           tests((m, e, p) -> parallel(m, toSet(), e, p), format("ParallelCollectors.parallel(toSet(), p=%d)", PARALLELISM), false),
           tests((m, e, p) -> parallel(m, toCollection(LinkedList::new), e, p), format("ParallelCollectors.parallel(toCollection(), p=%d)", PARALLELISM), true),
@@ -84,6 +89,10 @@ Stream<DynamicTest> batching_collectors() {
     @TestFactory
     Stream<DynamicTest> streaming_collectors() {
         return of(
+          // virtual threads
+          virtualThreadsStreamingTests((m, e, p) -> adaptAsync(parallelToStream(m)), "ParallelCollectors.parallelToStream() [virtual]", false),
+          virtualThreadsStreamingTests((m, e, p) -> adaptAsync(parallelToOrderedStream(m)), "ParallelCollectors.parallelToOrderedStream() [virtual]", true),
+          // platform threads
           streamingTests((m, e, p) -> adaptAsync(parallelToStream(m, e, p)), format("ParallelCollectors.parallelToStream(p=%d)", PARALLELISM), false),
           streamingTests((m, e, p) -> adaptAsync(parallelToOrderedStream(m, e, p)), format("ParallelCollectors.parallelToOrderedStream(p=%d)", PARALLELISM), true)
         ).flatMap(i -> i);
@@ -92,6 +101,10 @@ Stream<DynamicTest> streaming_collectors() {
     @TestFactory
     Stream<DynamicTest> streaming_batching_collectors() {
         return of(
+          // virtual threads
+          batchStreamingTests((m, e, p) -> adaptAsync(Batching.parallelToStream(m, e, p)), "ParallelCollectors.Batching.parallelToStream() [virtual]", false),
+          batchStreamingTests((m, e, p) -> adaptAsync(Batching.parallelToOrderedStream(m, e, p)), "ParallelCollectors.Batching.parallelToOrderedStream(p=%d) [virtual]", true),
+          // platform threads
           batchStreamingTests((m, e, p) -> adaptAsync(Batching.parallelToStream(m, e, p)), format("ParallelCollectors.Batching.parallelToStream(p=%d)", PARALLELISM), false),
           batchStreamingTests((m, e, p) -> adaptAsync(Batching.parallelToOrderedStream(m, e, p)), format("ParallelCollectors.Batching.parallelToOrderedStream(p=%d)", PARALLELISM), true)
         ).flatMap(i -> i);
@@ -150,6 +163,26 @@ void shouldExecuteEagerlyOnProvidedThreadPool() {
         }
     }
 
+    private static <R extends Collection<Integer>> Stream<DynamicTest> virtualThreadsTests(CollectorSupplier<Function<Integer, Integer>, Executor, Integer, Collector<Integer, ?, CompletableFuture<R>>> collector, String name, boolean maintainsOrder) {
+        var tests = of(
+          shouldCollect(collector, name, 1),
+          shouldCollect(collector, name, PARALLELISM),
+          shouldCollectNElementsWithNParallelism(collector, name, 1),
+          shouldCollectNElementsWithNParallelism(collector, name, PARALLELISM),
+          shouldCollectToEmpty(collector, name),
+          shouldStartConsumingImmediately(collector, name),
+          shouldNotBlockTheCallingThread(collector, name),
+          shouldHandleThrowable(collector, name),
+          shouldShortCircuitOnException(collector, name),
+          shouldInterruptOnException(collector, name),
+          shouldRemainConsistent(collector, name)
+        );
+
+        return maintainsOrder
+          ? Stream.concat(tests, of(shouldMaintainOrder(collector, name)))
+          : tests;
+    }
+
     private static <R extends Collection<Integer>> Stream<DynamicTest> tests(CollectorSupplier<Function<Integer, Integer>, Executor, Integer, Collector<Integer, ?, CompletableFuture<R>>> collector, String name, boolean maintainsOrder) {
         var tests = of(
           shouldCollect(collector, name, 1),
@@ -174,6 +207,23 @@ private static <R extends Collection<Integer>> Stream<DynamicTest> tests(Collect
           : tests;
     }
 
+    private static <R extends Collection<Integer>> Stream<DynamicTest> virtualThreadsStreamingTests(CollectorSupplier<Function<Integer, Integer>, Executor, Integer, Collector<Integer, ?, CompletableFuture<R>>> collector, String name, boolean maintainsOrder) {
+        var tests = of(
+          shouldCollect(collector, name, 1),
+          shouldCollect(collector, name, PARALLELISM),
+          shouldCollectToEmpty(collector, name),
+          shouldStartConsumingImmediately(collector, name),
+          shouldNotBlockTheCallingThread(collector, name),
+          shouldHandleThrowable(collector, name),
+          shouldShortCircuitOnException(collector, name),
+          shouldRemainConsistent(collector, name)
+        );
+
+        return maintainsOrder
+          ? Stream.concat(tests, of(shouldMaintainOrder(collector, name)))
+          : tests;
+    }
+
     private static <R extends Collection<Integer>> Stream<DynamicTest> streamingTests(CollectorSupplier<Function<Integer, Integer>, Executor, Integer, Collector<Integer, ?, CompletableFuture<R>>> collector, String name, boolean maintainsOrder) {
         var tests = of(
           shouldCollect(collector, name, 1),
@@ -306,7 +356,7 @@ private static <R extends Collection<Integer>> DynamicTest shouldShortCircuitOnE
             int size = 4;
 
             runWithExecutor(e -> {
-                LongAdder counter = new LongAdder();
+                AtomicInteger counter = new AtomicInteger();
 
                 assertThatThrownBy(elements.stream()
                   .collect(collector.apply(i -> incrementAndThrow(counter), e, PARALLELISM))::join)
diff --git a/src/test/java/com/pivovarit/collectors/TestUtils.java b/src/test/java/com/pivovarit/collectors/TestUtils.java
index 0105fa1b..2d790b48 100644
--- a/src/test/java/com/pivovarit/collectors/TestUtils.java
+++ b/src/test/java/com/pivovarit/collectors/TestUtils.java
@@ -4,7 +4,7 @@
 import java.util.concurrent.Executor;
 import java.util.concurrent.ExecutorService;
 import java.util.concurrent.Executors;
-import java.util.concurrent.atomic.LongAdder;
+import java.util.concurrent.atomic.AtomicInteger;
 import java.util.function.Consumer;
 
 public final class TestUtils {
@@ -36,14 +36,12 @@ public static <T> T returnWithDelay(T value, Duration duration) {
         return value;
     }
 
-    public static Integer incrementAndThrow(LongAdder counter) {
-        try {
-            Thread.sleep(100);
-        } catch (InterruptedException e) {
-            // ignore purposefully
+    public static Integer incrementAndThrow(AtomicInteger counter) {
+        if (counter.incrementAndGet() == 10) {
+            throw new IllegalArgumentException();
         }
-        counter.increment();
-        throw new IllegalArgumentException();
+
+        return counter.intValue();
     }
 
     public static void runWithExecutor(Consumer<Executor> consumer, int size) {