Startup profile

Parasail

Series ASan Mateo, California, United States$32M raised

Open roles0
Total raised$32M
Team size11-50
Founded · Stage2023 · Series A

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About the company

What they build and who they serve.

Cloud computing service for AI model inference, orchestrating GPU resources across 40+ data centers in 15 countries to deliver cheap, fast token generation for developers building on open-source models.

Why it matters

Signals from funding, traction, and product direction.

  • Generates 500 billion tokens per day across 40 data centers in 15 countries
  • CEO Mike Henry built Groq's cloud offering before founding Parasail
  • Came out of stealth a year ago, now processing inference for seed to Series B AI startups

Funding history

Rounds and investors over time, newest first.

  1. Series A

    $32M
    Kindred Ventures · LeadTouring Capital · Lead

In the news

Press, announcements, and coverage about this company.

Investors

Kindred VenturesTouring Capital

Focus areas

Series AAI/MLCloud InfrastructureOpen Source Software
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