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Parasail

Founded 2023 · 31 employees on LinkedIn · 9 known investors

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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.

AI & Machine LearningCloud ComputingData & InfrastructureDeep Tech

Founders & leadership

Parasail was founded in 2023 by Mike Henry and Tim Harris.

MHMike Henry
Mike HenryFounderPreviously 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.
THTim Harris
Tim HarrisFounderTim 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 · 9

Basis Set Ventureslisted by Basis Set VenturesSan Francisco · $1M – $3M

How we know: Basis Set Ventures's portfolio page · the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us

Essentia Ventureslisted by Essentia Ventures$100K – $1.5M

How we know: Essentia Ventures's portfolio page · Not right? Tell us

Ineffable Ventureslisted by Ineffable VenturesStamfordvia Jared Kasner · inferred

How we know: Ineffable Ventures's portfolio page · Not right? Tell us

Kindred Ventureslisted by Kindred VenturesSan Francisco · $250K – $2M

How we know: Kindred Ventures's portfolio page · open dataset · 5k.vc investor directory · Not right? Tell us

Samsung Nextlisted by Samsung NextMountain View · $100K – $5M

How we know: funding news · samsungnext.com · Not right? Tell us

Threshold Ventureslisted by Threshold VenturesPalo Alto · $500K – $20M
Touring Capitallisted by Touring CapitalSan Francisco

How we know: Touring Capital's portfolio page · funding news · Not right? Tell us

Flume VenturesreportedIncline Village

How we know: funding news · Not right? Tell us

Funding

SEC filings, press & company announcements

$32M disclosed across 1 of 2 rounds · 2026

Source: company announcements and press reports — follow each round's link for the claim.

Founder mafia

2 people who came through Parasail went on to found or lead other companies.

Mike HenryFounderFounded Mythic AITim HarrisFounderFounded Swift Navigation

Related companies · 6

Hugging FaceHugging 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.
OpenRouterOpenRouter 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.
Sail ResearchSail Research provides pay-per-token inference infrastructure for open-source large language models, offering an API with configurable completion windows to trade latency for lower token costs. It targets developers building AI agents and high-volume workloads at large scale.
SetsailSetSail 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.
ZeaburZeabur 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.
NVIDIANVIDIA 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 working in the same space as Parasail.

In the news

Parasail Raises $32M Series A to Build the Supercloud that Puts Developers in Control of their AIprnewswire.com · Apr 2026Parasail Raises $32M in Series A Fundingfinsmes.com · Apr 2026

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, Essentia Ventures, Ineffable Ventures, Kindred Ventures, Samsung Next, Threshold Ventures, Touring Capital and 1 more.
How much funding has Parasail raised?
Parasail has disclosed $32M raised across 1 of its 2 known rounds.