Parachute Healthrevenue & funding
Healthcare Supply Chain SoftwareNew YorkFounded 2015CEO David Gelbard
Parachute Health is a Healthcare Supply Chain Software company based in New York, founded in 2015.
- Customers
- 40K
Parachute Health revenue
Parachute Health has not published its revenue. GetLatka estimates it at about $12.2M a year (October 2024).
All 3 revenue readings, with sources
| As of | Revenue | Source |
|---|---|---|
| Apr 2021 | $2.4M | – |
| Oct 2023 | $5.8MEST. | GetLatka estimate |
| Oct 2024 | $12.2MEST. | GetLatka estimate |
– source not recorded
Parachute Health funding rounds & investors
Parachute Health has raised $15.4M across three rounds since 2018. The latest was a $400K funding round in July 2019.
| Date | Round | Raised |
|---|---|---|
| Jul 2019 | Funding round | $400K |
| Jun 2018 | Funding round | $9.5M |
| Mar 2018 | Funding round | $5.5M |
| Total raised | $15.4M |
Parachute Health competitors
Parachute Health competes most directly with Netsmart.
| Company | Revenue | Funding | Employees | Customers | Founded |
|---|---|---|---|---|---|
 Netsmart | $281.1M | – | 2,555 | – | 1968 |
| Parachute Health | $12.2M | $15.4M | 243 | 40K | 2015 |
Parachute Health CEO, founders & employees
David Gelbard founded Parachute Health in 2015 and runs it as CEO. Parachute Health had 243 employees (December 2024, LinkedIn), up from 137 a year earlier.
- David GelbardFounder & CEO
All 6 headcount readings, with sources
| As of | Employees | Source |
|---|---|---|
| Dec 2024 | 243 | |
| Oct 2024 | 239 | |
| Oct 2023 | 137 | |
| Oct 2022 | 72 | |
| Dec 2021 | 69 | |
| Apr 2021 | 47 | – |
Parachute Health FAQ
What is Parachute Health's revenue?
GetLatka estimates Parachute Health's revenue at about $12.2M a year (October 2024). The company hasn't published its own figure.
How much funding has Parachute Health raised?
Parachute Health has raised $15.4M across three funding rounds. The latest was a $400K funding round in July 2019.
How many employees does Parachute Health have?
Parachute Health had 243 employees in December 2024, according to LinkedIn.
Who is the CEO of Parachute Health?
David Gelbard is the CEO of Parachute Health and founded the company in 2015.
Who founded Parachute Health?
David Gelbard founded Parachute Health in 2015.
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How this page is sourced
5 from public sources · 2 estimates. Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice.
Updated Oct 7, 2026Data disclaimerReport a correctionClaim this profileRun Parachute Health? Join the podcast