# Parasail AI

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/parasail-ai

- Industry: Software
- Headquarters: San Mateo, US
- Website: www.parasail.io
- Total disclosed funding: $42M
- Latest round: Series A (Apr 15, 2026)
- Investors on record: 9

## About

Parasail, Inc. provides innovative AI compute solutions that facilitate efficient deployment of AI models across diverse workloads, enhancing operational performance for businesses worldwide. Parasail, Inc. is focused on delivering AI compute solutions that streamline model deployment. Founded in 2023 in San Mateo, US, and co-founded by Mike Henry and Tim Harris, Parasail specializes in delivering scalable and cost-effective AI compute solutions designed to streamline the deployment of AI models across various workloads. Their core offerings include Serverless endpoints, Dedicated instances, and Batch processing capabilities, which facilitate rapid prototyping and production at scale. These services are engineered to optimize workloads and ensure performance efficiency while eliminating infrastructure complexity, allowing developers to focus on bringing their AI products to market swiftly. The company serves a diverse client base, ranging from startups to large enterprises, across multiple industries including technology, research, and finance. Their solutions cater to a global market, with documented use cases in North America, Europe, and other regions, where clients leverage Parasail's infrastructure to enhance their AI deployment processes.Parasail's revenue structure revolves around providing flexible pricing options for their AI compute services, which are tailored to meet the unique needs of their clients. The company offers a self-service platform, allowing customers to access on-demand AI resources without the constraints of long-term contracts or quotas. Revenue is generated through a combination of subscription-based access to Serverless endpoints and Dedicated instances, along with transactional fees for Batch processing services. Their pricing model is competitive, featuring GPU access at rates as low as USD 0.65 per hour, which appeals to a broad range of users from individual developers to large organizations. Overall, Parasail focuses on delivering value by enabling clients to scale their AI capabilities efficiently while managing costs effectively.  Inc. raised USD 32 million in series A funding co-led by investors Touring Capital and Kindred Ventures, along with Samsung NEXT Ventures, Flume Ventures, and Banyan Ventures and Black Opal Venture.

## Funding rounds

- Series A, Apr 15, 2026, $32M — Samsung NEXT Ventures, Kindred Ventures, Flume Ventures, Touring Capital, Banyan Ventures
- Seed, Jun 1, 2024, $10M — Basis Set, Threshold Ventures, Buckley Ventures, Black Opal Ventures

## Investors

- Basis Set (https://capitalatlas.ai/funds/basis-set) — Seed
- Threshold Ventures (https://capitalatlas.ai/funds/threshold-ventures) — Seed
- Buckley Ventures (https://capitalatlas.ai/funds/buckley-ventures) — Seed
- Black Opal Ventures (https://capitalatlas.ai/funds/black-opal-ventures) — Seed
- Samsung NEXT Ventures (https://capitalatlas.ai/funds/samsung-next-ventures) — Series A
- Kindred Ventures (https://capitalatlas.ai/funds/kindred-ventures) — Series A
- Flume Ventures (https://capitalatlas.ai/funds/flume-ventures) — Series A
- Touring Capital (https://capitalatlas.ai/funds/touring-capital) — Series A
- Banyan Ventures (https://capitalatlas.ai/funds/banyan-ventures) — Series A