Parachute Health Overview

  • Year Founded
  • 2014

Year Founded

  • Status
  • Private

  • Employees
  • 198

Employees

  • Latest Deal Type
  • Later Stage VC

  • Investors
  • 12

Parachute Health General Information

Description

Operator of a medical equipment ordering platform intended to improve healthcare through digital connectivity. The company's platform streamlines operations by eliminating unnecessary data entry, digitizing signatures, providing real-time order status updates and order history logs, and integrated messaging, and on-demand data reporting, enabling healthcare providers to reduce errors and improve equipment delivery time for discharged patients.

Contact Information

Formerly Known As
Wellzilla
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Other Healthcare Technology Systems
Other Industries
Medical Supplies
Corporate Office
  • 100 Overlook Center
  • 2nd Floor
  • Princeton, NJ 08540
  • United States

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Parachute Health Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
8. Later Stage VC 01-Jan-2023 000.00 Completed Generating Revenue
7. Later Stage VC (Series D) 14-Jul-2021 000.00 Completed Generating Revenue
6. Secondary Transaction - Private 01-Mar-2021 000.00 Completed Generating Revenue
5. Debt - PPP 28-Apr-2020 00000 000.00 Completed Generating Revenue
4. Later Stage VC 19-Jul-2019 00000 000.00 Completed Generating Revenue
3. Early Stage VC (Series B) 04-Jun-2018 00.00 0000 Completed Generating Revenue
2. Early Stage VC 16-Mar-2018 $5.5M $5.5M Completed Generating Revenue
1. Early Stage VC 01-Jan-2015 Completed Startup
To view Parachute Health’s complete valuation and funding history, request access »

Parachute Health Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Operator of a medical equipment ordering platform intended to improve healthcare through digital connectivity. The compa
Other Healthcare Technology Systems
Princeton, NJ
198 As of 2024
000.00
0000000000 0 000.00

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0000000000 0000000 (
Santa Cruz, CA
000 As of 0000
00000
0000000 0000 00000

000000

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0000000000 000000000
Los Angeles, CA
00 As of 0000
00.000
000000000000 00.000
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Parachute Health Competitors (3)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Murj Private Equity-Backed Santa Cruz, CA 000 00000 0000000 0000 00000
Stasis Venture Capital-Backed Los Angeles, CA 00 00.000 000000000000 00.000
CardioDiagnostics Venture Capital-Backed Campbell, CA 00 00.000 000000 - 000 00.000
You’re viewing 3 of 3 competitors. Get the full list »

Parachute Health Executive Team (16)

Name Title Board Seat
David Gelbard Founder, Chief Executive Officer & Board Member
Scott Koehler Chief Operating Officer
Matthew Pestritto Chief Technology Officer
Daniel Finkel Senior Director of Finance
Fred Browne Advisor
You’re viewing 5 of 16 executive team members. Get the full list »

Parachute Health Board Members (5)

Name Representing Role Since
Anthony Welters JD Self Advisor & Board Member 000 0000
David Gelbard Parachute Health Founder, Chief Executive Officer & Board Member 000 0000
Justin Gordon Parachute Health Advisor & Board Member 000 0000
Peter Segall Insight Partners Advisor & Board Member 000 0000
Trevor Nelson Self Advisor & Board Member 000 0000
To view Parachute Health’s complete board members history, request access »

Parachute Health Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Parachute Health Investors (12)

Investor Name Investor Type Holding Investor Since Participating Rounds
Transformation Capital Growth/Expansion Minority 000 0000 000000 0
Wormhole Capital Venture Capital Minority 000 0000 000000 0
Alumni Ventures Venture Capital Minority 000 0000 000000 0
Chestnut Street Ventures Venture Capital Minority 000 0000 000000 0
Insight Partners Growth/Expansion Minority 000 0000 000000 0
You’re viewing 5 of 12 investors. Get the full list »

Parachute Health FAQs

  • When was Parachute Health founded?

    Parachute Health was founded in 2014.

  • Who is the founder of Parachute Health?

    David Gelbard is the founder of Parachute Health.

  • Who is the CEO of Parachute Health?

    David Gelbard is the CEO of Parachute Health.

  • Where is Parachute Health headquartered?

    Parachute Health is headquartered in Princeton, NJ.

  • What is the size of Parachute Health?

    Parachute Health has 198 total employees.

  • What industry is Parachute Health in?

    Parachute Health’s primary industry is Other Healthcare Technology Systems.

  • Is Parachute Health a private or public company?

    Parachute Health is a Private company.

  • What is Parachute Health’s current revenue?

    The current revenue for Parachute Health is 000000.

  • How much funding has Parachute Health raised over time?

    Parachute Health has raised $15.4M.

  • Who are Parachute Health’s investors?

    Transformation Capital, Wormhole Capital, Alumni Ventures, Chestnut Street Ventures, and Insight Partners are 5 of 12 investors who have invested in Parachute Health.

  • Who are Parachute Health’s competitors?

    Murj, Stasis, and CardioDiagnostics are competitors of Parachute Health.

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