Parasail - About the company
Parasail is a series A company based in San Mateo (United States), founded in 2004 by Tim Harris and Mike Henry. It operates as a Provider of a distributed inference network for artificial intelligence workloads. Parasail has raised $42M in funding from Kindred Ventures and Touring Capital. The company has 735 active competitors, including 68 funded and 3 that have exited. Its top competitors include companies like LangChain, Clarifai and Relevance AI.
Company Details
Provider of a distributed inference network for artificial intelligence workloads. The network supports image, video, voice, search, agent, and text-based applications. It offers serverless, dedicated serverless, dedicated, and batch deployment options. The platform facilitates the deployment, scaling, and tuning of workflows.
Key Metrics
Founded Year
2004
Location
San Mateo, United States
Stage
Series A
Total Funding
$42M in 2 rounds
Latest Funding Round
Investors
Ranked
7th among 735 active competitors
Employee Count
31 as on Jun 30, 2026
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Parasail's funding and investors
Parasail has raised a total funding of $42M over 2 rounds. Its first funding round was on Apr 02, 2025. Its latest funding round was a Series A round on Apr 15, 2026 for $*****. 5 investors participated in its latest round. Parasail has 9 institutional investors.
Here is the list of recent funding rounds of Parasail:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 15, 2026 | 5943072 | Series A | 9190725 | 5338974 | 3468551 | 7284201 |
Apr 02, 2025 | 1119706 | Seed | 5775840 | 7165947 | 3944547 |
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Parasail's founders and board of directors
Founder? Claim ProfileHere are the details of Parasail's key team members:
- Tim Harris: Co-Founder of Parasail. Contact Info: 1 email address
- Mike Henry: Co-Founder & CEO of Parasail. Contact Info: 1 email address
View details of Parasail's Founder profiles and Board Members
Parasail's employee count trend
Parasail has 31 employees as of Jun 26. Here is Parasail's employee count trend over the years:
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Parasail's Competitors and alternates
Top competitors of Parasail include LangChain, Clarifai and Relevance AI. Here is the list of Top 10 competitors of Parasail, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | LangChain 2022, San Francisco (United States), Series B | Developer of tools for building, testing, and deploying AI agent applications | $260M | 70/100 | |
2nd | Clarifai 2013, New York City (United States), Series C | Provider of AI based image and video recognition solution for multiple industries | $101M | 68/100 | |
3rd | Relevance AI 2020, Sydney (Australia), Series B | AI-powered image data analytics platform | $37M | 66/100 | |
4th | Provider of AI workload orchestration and GPU management software solutions | $118M | 63/100 | ||
5th |  TrueFoundry 2021, San Francisco (United States), Series A | Provider of an enterprise-grade AI gateway that encompasses LLM gateway, MCP gateway, and agent gateway | $21.3M | 62/100 | |
6th |  Union.ai 2021, Seattle (United States), Series A | Developer of a platform for orchestrating, training, and serving AI | $48.1M | 62/100 | |
7th |  Parasail 2004, San Mateo (United States), Series A | Provider of a distributed inference network for artificial intelligence workloads | $42M | 56/100 | |
8th | Provider of a secure control plane for managing AI agents | $40M | 55/100 | ||
9th |  Kira 2025, Miami (United States), Seed | Provider of infrastructure for launching embedded fintech products with AI | $8.7M | 54/100 | |
10th |  EdgeRunner AI 2024, San Francisco (United States), Series A | Developer of domain-specific artificial intelligence agents for military and enterprise | $17.5M | 54/100 |
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Parasail's Investments and acquisitions
Parasail has made no investments or acquisitions yet.
Reports related to Parasail
Here is the latest report on Parasail's geography:
News related to Parasail
Media has covered Parasail for a total of 4 events in the last 1 year, 2 of them have been about company updates and 1 about partnerships.
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Parasail raises $32 mln Series A fundingStock Screener•Apr 15, 2026•Parasail, Touring Capital, Kindred Ventures, Banyan and 3 others
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Parasail promises to power any AI workload with on-demand access to cloud-based GPUsSiliconAngle•Apr 02, 2025•Parasail
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