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Parachute Health

Parachute Health
2014 FOUNDED
PRIVATE STATUS
Early Stage VC LATEST DEAL TYPE
$9.5M LATEST DEAL AMOUNT
9 INVESTORS
Description

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

Formerly Known As
Wellzilla, LLC
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Other Healthcare Technology Systems
Other Industries
Business/Productivity Software
Primary Office
  • 120 East 23rd Street
  • Floor 5
  • New York, NY 10010
  • United States
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Parachute Health Valuation and Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
2. Early Stage VC 04-Jun-2018 $9.5M 0000 Completed Generating Revenue
1. Seed Round 16-Mar-2018 00.00 00.00 Completed Generating Revenue
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Parachute Health Investors (9)

Investor Name Investor Type Holding Investor Since Participating Rounds Board
Seat
Contact
Info
Chestnut Street Ventures Venture Capital Minority 000 0000 000000 0
Insight Partners Growth/Expansion Minority 000 0000 000000 0
Robert Chefitz Angel (individual) Minority 000 0000 000000 0
Anthony Welters Angel (individual) Minority 000 0000 000000 0
Fred Browne Angel (individual) Minority 000 0000 000000 0
You’re viewing 5 of 9 investors. Get the full list »

Parachute Health Executive Team (10)

Name Title Board
Seat
Contact
Info
David Gelbard Chief Executive Officer & Founder
Zachary Fleitman Chief Operating Officer
Matthew Pestritto Chief Technology Officer
Jason Begleiter Chief Innovation Officer
Barbara Green Advisor
You’re viewing 5 of 10 executives. Get the full list »

Parachute Health Board Members (3)

Name Representing Role Since Contact
Info
Anthony Welters JD Self Advisor & Board Member 000 0000
Lee Perlman GNYHA Ventures Advisor & Board Member 000 0000
Peter Segall Insight Partners Board Member 000 0000