Parasail

Private

Parasail operates an AI Supercloud, an inference-optimized, pay-per-token cloud platform that aggregates global GPU supply into a single fabric that automatically optimizes model endpoints for speed, performance, and cost. Processes 500B+ tokens/day with ~30% month-over-month revenue growth. Customers include Elicit, mem0, Gravity, Kotoba, and Venice.

Founders Mike Henry, Tim Harris

CEO Mike Henry

Company

Founded

2023

Headquarters

San Francisco, United States

Financials

Total Funding

$42M

Sectors

Artificial Intelligence Developer Tools Cloud Computing Enterprise Software

parasail.io

Funding History

2 rounds

Series A Apr 15, 2026

$32M

Touring Capital (Lead) Kindred Ventures Samsung Next Flume Ventures Banyan Ventures Basis Set Ventures Threshold Ventures

Seed Apr 2, 2025

$10M

Basis Set Ventures (Lead) Threshold Ventures Buckley Ventures Black Opal Ventures

Funding data is compiled from multiple independent sources including company announcements, press coverage, and regulatory filings. While we strive for accuracy, amounts and dates may reflect reported figures at time of announcement.