Parasail, a San Francisco, CA-based AI infrastructure company, has raised $32 million in Series A funding, bringing its total funding to $42 million.
Investors
The round was co-led by Touring Capital and Kindred Ventures, with participation from Samsung NEXT, Flume Ventures, Banyan Ventures, and existing investors.
Touring Capital is a San Francisco–based venture capital firm founded in 2023. The firm specializes in early-growth investments, specifically targeting Series B and C stage B2B SaaS companies that leverage artificial intelligence to drive enterprise productivity. Its investment thesis centers on the AI-native evolution of software.
Kindred Ventures is a San Francisco–based venture capital firm founded in 2014 that specializes in earliest-stage investments, supporting founders from the pre-seed and seed stages through Series A. It has backed over 100 companies and invests across diverse sectors, including artificial intelligence, fintech, health, climate tech, and crypto.
Parasail Use of Funds
The company will use the funds to expand its AI Supercloud, enhance orchestration and inference optimization, accelerate go-to-market initiatives, and strengthen partnerships across the GPU and data center ecosystem.
About Parasail
Parasail is an AI infrastructure company building a programmable AI Supercloud designed to simplify the deployment, scaling, and optimization of AI agents. The company aggregates global GPU compute resources into a unified network, enabling developers to launch production-ready AI endpoints in minutes while optimizing for performance, cost, and reliability. Parasail supports inference and continuous training workloads across a wide range of use cases, from enterprise automation to consumer AI agents. Founded in 2025 and headquartered in San Francisco, Parasail serves a growing base of AI startups and enterprises worldwide.
Funding Details
Company: Parasail, Inc.
Raised: $32.0M
Round: Series A
Funding Date: April 2026
Lead Investors: Touring Capital, Kindred Ventures
Additional Investors: Samsung NEXT, Flume Ventures, Banyan Ventures
Company Website: https://parasail.io/
Software Category: AI Infrastructure / Cloud Computing
Source: https://www.prnewswire.com/news-releases/parasail-raises-32m-series-a-to-build-the-supercloud-that-puts-developers-in-control-of-their-ai-302742856.html