/Companies

Parachute Health

New York, US · Founded 2015 · 335 employees on LinkedIn · 11 known investors

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Parachute Health operates a shared digital network that connects healthcare providers, suppliers, and payors to order and deliver home medical equipment, replacing manual fax and phone workflows with clean, complete, and trackable orders. It serves the U.S. home-based care market across all 50 states.

Founders & leadership

Parachute Health was founded in 2015 by David Gelbard.

DGDavid Gelbard
David GelbardFounder

Board

LP
Lee PerlmanMember of Board of Managers
TN
Trevor NelsonMember of Board of Managers
PSPeter Segall
Peter SegallMember of Board of ManagersManaging Director at Insight Partners
AW
Anthony WeltersMember of Board of Managers

Investors · 11

Also in the syndicate · 4

GNYHA VenturesGreater New York Hospital Association VenturesLoeb Holding Corp.Loeb Holding Corporation

Funding

SEC filings, press & company announcements

$9.5M disclosed across 1 of 2 rounds · 2018–2020

▶$9.5MraisedJun 2018 · 6 investors · Other Technology
Rule 506(c)
Officers, directors & promoters on the filing
  • Lee PerlmanDirector
  • Peter SegallDirector
  • Anthony WeltersDirector
  • Trevor NelsonDirector
  • David GelbardExecutive Officer, Director
Offering amount
$9.5M
Amount sold
$9.5M
First sale
May 2018
Incorporated
Limited Liability Company, New York, 2014
Federal exemptions
06c
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Key figures

latest reported
HeadcountAug 2026335

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Related companies · 3

Companies working in the same space as Parachute Health.

In the news

Frequently asked questions

What does Parachute Health do?
Parachute Health operates a shared digital network that connects healthcare providers, suppliers, and payors to order and deliver home medical equipment, replacing manual fax and phone workflows with clean, complete, and trackable orders. It serves the U.S. home-based care market across all 50 states.
Who founded Parachute Health?
Parachute Health was founded by David Gelbard in 2015.
Who are Parachute Health's investors?
Parachute Health's investors include Alumni Ventures, Basecamp Fund, Insight Partners, JMI Equity, Left Lane Capital, TRANSFORMATION CAPITAL, Wormhole Capital.
How much funding has Parachute Health raised?
Parachute Health has disclosed $9.5M raised across 1 of its 2 known rounds.
Where is Parachute Health headquartered?
Parachute Health is headquartered in New York, US.