Touring Capital
555 Mission Street, Suite 2400, San Francisco, CA, 94105, United States
Overview
Touring Capital is a venture capital investment firm that invests in the business-to-business SaaS sectors.
- Total investments
- 16
- Lead investments
- 11
- Investments · 12mo
- 7
- Active investors
- 5
Sector focus
- Financial Services
- Information Technology
- SaaS
- Venture Capital
Investment portfolio
- Infinity Artificial Intelligence Institute
Led · Seed · Jul 2026
Infinity Artificial Intelligence Institute develops software to enable advanced AI inference models to run smoothly across many chip types, positioning itself as a cross-chip alternative to Nvidia's CUDA platform. The startup raised $15 million in a seed round at a $100 million post-money valuation, with participation from Touring Capital and researchers from OpenAI and Anthropic. Founder Jeremy Nixon, a former Google Brain researcher, employs AI agents to automatically generate and test the complex code required for efficient model inference. The company aims to broaden hardware choices for developers and reduce reliance on a single dominant supplier. The reported use of funds is to advance the development of this cross-chip inference software.
- CuspAI
Participated · Series B · Jul 2026
CuspAI builds AI systems that search for and design new materials tailored to specified properties, serving customers including ASML and Meta. The company counts AI researchers Yann LeCun and Geoffrey Hinton as advisers. It plans to expand geographically across the US, APAC and Europe and to deploy an “AI Materials Foundry,” a global network of data, labs, compute and scientific expertise with founding partners such as Nvidia, Meta, Samsung and Hyundai and more than 40 other companies. Financially, CuspAI is a two-year-old startup that has raised over $670M to date, including a $450M Series B that values it at $2.6B. The firm says its platform addresses materials discovery bottlenecks across industries including energy, semiconductors, manufacturing, water treatment and carbon capture.
- Daloopa
Participated · Series C · May 2026
Daloopa provides structured, source-linked financial data covering over 5,500 public companies globally and delivers up to ten times more data points per company than other providers. Each datapoint is linked to its original source to enable auditability for high‑stakes finance use cases like valuation, earnings analysis, and portfolio modeling. The platform is integrated with MCP connectors for OpenAI ChatGPT, Anthropic Claude, Perplexity, and Rogo and offers programmatic access via API plus cloud-native delivery through Snowflake, Databricks, and AWS S3. Daloopa also introduced a Partner API to let third-party products and startups leverage its data. The company says it is trusted by over 160 financial institutions and has doubled revenue over the past year. Its stated focus is expanding platform capabilities and team headcount to support AI-driven, production-grade financial workflows.
- Parasail
Led · Series A · Apr 2026
Parasail operates a cloud service optimized for AI model inference, orchestrating capacity rented from 40 data centers across 15 countries and additional supply from liquidity markets. The company, led by CEO Mike Henry (formerly an executive at Groq), focuses exclusively on inference and does not offer training services. Parasail reports generating approximately 500 billion tokens per day and pitches cost savings by allocating workloads to avoid demand peaks and lower per-request expense. It came out of stealth a year prior to the Series A and targets startup customers without requiring long-term commitments. Parasail competes with firms that own silicon and other inference-focused vendors by emphasizing flexible brokerage of compute and lower friction for high-volume API workloads.
- Checkbox
Led · Series A · Jan 2026
Checkbox offers an AI Legal Front Door that captures legal requests directly from tools such as email, Slack, Teams, Salesforce, and company intranets, then routes or automates those matters through intelligent, no-code workflows. The platform’s AI agents let business users self-serve common tasks—from drafting contracts to approving conflicts—while escalating complex, high-risk issues to legal staff. By centralizing intake and providing real-time visibility into demand, workload, and cycle times, Checkbox helps corporate legal teams improve resource planning and showcase their value to the business. More than 100 enterprise organizations, including SAP, PepsiCo, and multiple Fortune 500 firms, already use the product. Hitachi reports that 83 % of routine legal and compliance requests are now partially or fully automated with Checkbox, freeing attorneys for higher-value work. With fresh capital, the company plans to deepen AI capabilities, expand integrations across the tech stack, and drive wider adoption of its platform as the industry standard entry point for legal services.