Summer 2026

Applied AI Engineer Intern

Posted on 5/19/2026

Parspec

Parspec

51-200 employees

AI-native platform for construction materials procurement

No salary listed

San Mateo, CA, USA

Hybrid

Hybrid role; requires on-site presence in San Mateo, CA while allowing some remote work.

Category
AI & Machine Learning (2)
,
Required Skills
Machine Learning
RAG
LangGraph
Requirements
  • Currently enrolled in a US-based, degree-seeking program (Bachelor’s, Master’s, or PhD) in Engineering, Computer Science, or related fields
  • Strong familiarity with core ML/AI concepts and tooling, such as model training(LoRA/QLoRA) and evaluation, embeddings, RAG systems, agentic frameworks like LangGraph, CrewAI or related techniques.
  • Strong familiarity with ranking and recommendations techniques.
  • Hands-on experience applying AI or machine learning to real-world projects, including working with imperfect data, making tradeoffs, and iterating based on results
  • Strong analytical and problem-solving skills
  • Ability to work effectively in ambiguous problem spaces with guidance and mentorship
  • Clear written and verbal communication skills for technical and non-technical audiences.
Responsibilities
  • Contribute to AI-driven initiatives, from problem framing through experimentation and implementation
  • Build, prototype, evaluate, and iterate on models and AI-powered workflows used in customer-facing product features
  • Partner with Senior Applied AI Engineers and Product Managers to translate real customer problems into clear technical approaches and tradeoffs
  • Analyze structured and unstructured data (e.g., product specifications, documents, metadata) to improve model performance
  • Document assumptions, results, and learnings to support cross-functional alignment and decision-making
Desired Qualifications
  • Exposure to B2B SaaS products, especially workflow-heavy or operations-focused software
  • Interest in or exposure to construction industry workflows, including materials procurement

Parspec provides an AI-native platform and digital infrastructure for the construction materials supply chain. It connects manufacturers, distributors, and rep agencies to streamline product discovery, quoting, and procurement across projects. The system replaces fragmented spreadsheets and PDFs with AI-driven workflows and centralized information to reduce delays, errors, and margin erosion. Its goal is to enable project-driven businesses to bid faster, win more work, and improve profitability.

Company Size

51-200

Company Stage

Series A

Total Funding

$31.5M

Headquarters

Columbus, Ohio

Founded

2020

Simplify Jobs

Simplify's Take

What believers are saying

  • Parspec achieved 4x revenue growth in past year post-$20M Series A on July 8, 2025.
  • Project Management launched April 8, 2026 boosts win rates 6% and billing 10% faster.
  • Sales Management adopted by 100+ rep agencies and 2,400 reps for full lifecycle automation.

What critics are saying

  • Procore's AI procurement module commoditizes matching using 2M+ users in 12-24 months.
  • Autodesk bundles rival AI into BIM suite, locking out Parspec's 288 distributors in 6-12 months.
  • OpenAI agents scrape 10,000+ sites, destroying Parspec's 4,000-site data moat in 18-24 months.

What makes Parspec unique

  • Parspec's AI instantly matches products to complex specs from 4,000+ manufacturer sites.
  • Parspec serves four of five largest U.S. electrical distributors representing $70B sales.
  • Parspec's proprietary dataset covers 6 million products via daily multimodal AI processing.

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People at Parspec who can refer or advise you

Benefits

Health Insurance

401(k) Retirement Plan

Unlimited Paid Time Off

Flexible Work Hours

Hybrid Work Options

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

7%

2 year growth

0%
Built In San Francisco
Jul 9th, 2025
Parspec Secures $20M to Expand Its AI-Native Procurement Platform

Parspec, a software company headquartered in San Mateo, pulled in a $20 million Series A round spearheaded by Threshold Ventures.

Benzinga
Jul 8th, 2025
Parspec Raises $20M to Modernize Construction

Parspec, an AI-native software platform, raised $20 million in Series A funding led by Threshold Ventures. The funding will help Parspec modernize the construction supply chain by expanding its platform to support the full order lifecycle. Parspec has achieved 4x revenue growth in the past year and plans to invest in product development, including a Distributor Order Management system and a Contractor Portal, with a commercial launch expected by the end of 2025.

EdisonReport
Jul 8th, 2025
Parspec Raises $20 Million Series A to Modernize the Construction Supply Chain with AI

Parspec raises $20 million Series A to modernize the construction Supply Chain with AI.

Crunchbase
Jul 8th, 2025
Exclusive: AI-Powered Construction Procurement Startup Lands $20M Series A

Parspec, a startup using artificial intelligence to improve efficiency in the construction industry supply chain, has raised $20 million in a Series A funding, the company told Crunchbase News exclusively.

PYMNTS
Dec 10th, 2024
Data Quality: The Unsung Hero Of Ai-Powered B2B Procurement

An efficient business-to-business (B2B) procurement process can separate the wheat from the chaff. Procurement has the potential to become a strategic lever for value creation and protection, going beyond traditional cost, quality and delivery metrics. With the news that Feenix.ai has integrated with Buy with AWS, offering custom storefronts for streamlined software procurement, simplifying AWS Marketplace purchases for B2B customers, savvy B2B executives are wising up to the idea that artificial intelligence (AI) is emerging as a force in procurement. AI’s ability to process vast amounts of data and identify patterns has reshaped procurement processes. From supplier selection and demand forecasting to dynamic pricing and risk management, AI tools are helping procurement teams make faster, smarter decisions

INACTIVE