Parasail
Founded 2023 · 31 employees on LinkedIn · 8 known investors
Parasail provides AI inference compute on a flexible fleet that scales with usage, letting companies commit to output (tokens) rather than long-term hardware purchases. It targets AI-native startups and builders that need production inference without multi-year silicon commitments.
Founders & leadership
Parasail was founded in 2023 by Mike Henry and Tim Harris.
MH
Mike HenryinCo-founderPreviously founder and CEO of Mythic, a venture-backed AI company focused on cost-efficient hardware and software for running AI at the edge. He is now co-founder of Parasail, which provides scalable AI inference compute on a usage-based model.
TH
Tim HarrisinCo-founderTim Harris is the founder and CEO of Swift Navigation, which builds a precision localization platform for autonomous vehicle navigation. He is also a co-founder and board member of Parasail, a platform for deploying AI inference endpoints and agents.
Investors · 8
Banyan VenturesNew Yorkvia Sam Awrabi · inferred
Basis Set VenturesMenlo Park · $1M – $3M
Ineffable VenturesStamfordvia Jared Kasner · inferred
Kindred VenturesSan Francisco · $250K – $2M
Threshold VenturesPalo Alto · $500K – $20M
Touring CapitalSan Francisco
Flume VenturesreportedIncline Village
Samsung NextreportedSan Jose · $100K – $5M
Funding
SEC filings, press & company announcements$32M disclosed across 1 of 2 rounds · 2026
- $32MSeries AApr 2026 · 3 sourcesSource ↗
Source: company announcements and press reports — follow each round's link for the claim.
Competitors · 6
by search overlap
Hugging Face16 shared keywordsHugging Face is a collaboration platform that hosts and provides access to machine learning models, datasets, and applications. It offers both open-source tools for the ML community and paid compute and enterprise solutions for teams building AI applications.
OpenRouter9 shared keywordsOpenRouter operates an AI gateway that allows developers to access and compare hundreds of language models from multiple providers in a single platform. The service eliminates vendor lock-in while offering improved pricing, uptime, and reliability for companies and developers.
Sailresearch7 shared keywordsSail Research provides AI inference infrastructure with per-request completion windows that let customers trade off speed against cost, targeting AI agent workloads that consume large volumes of tokens. It offers an API for large-scale, bursty inference traffic aimed at developers building long-horizon and background agents.
Setsail6 shared keywordsSetSail is an AI sales tool that uses a large language model to turn questions into SQL queries against a company's sales data, and automatically logs emails, meetings, and enriched contact details back to Salesforce. It provides deal alerts, meeting prep, and MEDDICC analysis to help sales reps and leaders track deal and account activity.
Zeabur6 shared keywordsZeabur is a deployment platform aimed at software developers. The company is building developer-focused product with roots in Taiwan and a presence in Silicon Valley.
NVIDIA5 shared keywordsNVIDIA designs GPUs, AI computing hardware, and software platforms for AI development, data centers, autonomous vehicles, and robotics, serving developers, researchers, and enterprises. Its offerings include AI models, power architecture for AI factories, and compute infrastructure used across industries such as manufacturing, healthcare, and automotive.
Companies competing with Parasail for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
Frequently asked questions
- What does Parasail do?
- Parasail provides AI inference compute on a flexible fleet that scales with usage, letting companies commit to output (tokens) rather than long-term hardware purchases. It targets AI-native startups and builders that need production inference without multi-year silicon commitments.
- Who founded Parasail?
- Parasail was founded by Mike Henry, Tim Harris in 2023.
- Who are Parasail's investors?
- Parasail's investors include Banyan Ventures, Basis Set Ventures, Ineffable Ventures, Kindred Ventures, Threshold Ventures, Touring Capital, Flume Ventures, Samsung Next.
- How much funding has Parasail raised?
- Parasail has disclosed $32M raised across 1 of its 2 known rounds.