Parachute Health revenue hit $5.8M in 2024

Parachute Health generates revenue from 40000 customers

Parachute Health

New York, New York, United States

About Company RevenueFundingTeamFounder/CEOCustomersCEO Net Worth

How Parachute Health hit $5.8M revenue and 40K customers in 2023.

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.

Founded

2015

Founded

Revenue

$5.8M

2023 Revenue

YOY

69.4%

YOY

Funding

$15.4M

Funding

Parachute Health Revenue

In 2023, Parachute Health revenue run rate hit $5.8M in revenue.

  • 2023

    Parachute Health hit $5.8M in revenue in 2023

  • 2021

    Parachute Health hit $2.4M in revenue in 2021

  • 2015

    Parachute Health launched in 2015 with $0 revenue

Parachute Health Funding History

  • 2019

    Parachute Health raised a of in July, 2019

  • 2018

    Parachute Health raised a of in June, 2018

  • 2018

    Parachute Health raised a of in March, 2018

FUNDING DATE ROUND AMOUNT VALUATION
July, 09 2019
June, 05 2018
March, 15 2018

Team

Parachute Health has 137 total employees and 2 sales reps that carry a quota. They have 40,000 customers an engineering team of 2 and a marketing team of 1.

DISTRIBUTION QTY
Total team size 137
Engineer 2 (1%)
Sales 2 (1%)
Marketing 1 (1%)

Founder / CEO

David Gelbard

David Gelbard is the Founder & Chief Executive Officer at Parachute Health based in Princeton, New Jersey. Previously, David was the Assistant Vice President at Falcon Investment Advisors

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Customers

Churn

Parachute Health Executives

Name Position Working Email Personal Email
David Gelbard CEO [email protected] -

Parachute Health Employees

Name Position Working Email Personal Email
David Gelbard CEO [email protected] -

Frequently Asked Questions about Parachute Health

  • When was Parachute Health founded?

    Parachute Health was founded in 2015.

  • How much revenue does Parachute Health generate?

    Parachute Health generates $5.8M in revenue.

  • Who is the CEO of Parachute Health

    The CEO of Parachute Health is David Gelbard.

  • How much funding does Parachute Health have?

    Parachute Health raised $15.4M.

  • How many employees does Parachute Health have?

    Parachute Health has 137 employees.

  • Where is Parachute Health headquarters?

    Parachute Health is headquartered at New York, New York, United States

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