Tech Company Financing Transactions
Parasail Funding Round
On 4/15/2026, Parasail secured $32 million in Series A financing from Kindred Ventures, Touring Capital and Banyan Capital Partners.
Transaction Overview
Company Name
Announced On
4/15/2026
Transaction Type
Venture Equity
Amount
$32,000,000
Round
Series A
Investors
Kindred Ventures (Lead Investor)
Touring Capital (Lead Investor)
Proceeds Purpose
The company intends to use the funds to expand operations and its development efforts.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
Undisclosed
San Francisco, CA Undisclosed
USA
San Francisco, CA Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Our mission is to build the compute economy to power the AI revolution. We are creating a fair and equitable compute economy that powers the next generation of AI innovators. We enable builders and innovators to deliver the best AI products through easy access to scalable, cost effective and secure compute.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Mike Henry
Co-Founder
Tim Harris
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