Parasail

No limits. No contracts. Priced Right.

San Mateo · Founded 2023 · $42.0M raised

Headquarters
San Mateo
Employees
11–50
Founded
2023
Business Model
B2B
Total Funding
$42.0M
Last Round
$32.0M Series AApr 2026
Rounds
2

About

Parasail is the AI deployment network connecting teams to the world's largest pool of on-demand GPU compute. Supporting serverless, dedicated, and batch inference across a global GPU network spanning 25+ countries, Parasail enables AI builders to deploy any open-source model without contracts, quotas, or DevOps overhead — at up to 30x lower cost than legacy cloud providers.

Summary

Parasail is an Artificial Intelligence company based in San Mateo, founded in 2023. It has raised $42.0M in total across 2 rounds, most recently a $32.0M Series A round in Apr 2026. Investors include Touring Capital, Kindred Ventures and Basis Set Ventures.

Tech & App Stack

6 technologies & apps tracked

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Funding History

Series ASeries AApr 2026
$32.0M

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Full funding history, per-round amounts, and investor participation.

Investors

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