About Palarum
Palarum is a Healthcare company based in London (United Kingdom) founded in 2016. ETextile wearable technology for patient monitoring is provided. It operates in the Healthcare and Technology sectors. Palarum has raised $13.55 million across 8 funding rounds. Palarum offers products and services including SmartSocks, SmartBadge, Mobility Consulting, and E-Rounding. Its focus areas include Life Sciences, Geriatrics, Medical Devices and Fall Prevention. Its legal entity is Palarum LLC. Its competitors include Oxehealth and TestCard; 2 of its 2 listed competitors have raised funding.
Company details
Palarum was founded in 2016 in London, United Kingdom, within the healthcare technology sector. eTextile wearables are supplied to patients for monitoring purposes. A platform is under development to generate insights from analytics and patient data, with the goal of enhancing safety. Operations focus on an integrated system that tracks movement via patented smart textile fabrics integrated with IoT devices.
- Headquarters London, United Kingdom
- SectorsHealthcareTechnology
- Website palarum.com
- Social LinkedIn X Facebook
- Legal Name Palarum Llc
- Total Equity Funding$13.55M (USD)
in 8 rounds
- Latest Funding Round$2.55M (USD), Series A
May 2025
Products & Services of Palarum
Palarum offers a comprehensive portfolio of products and services, including SmartSocks, SmartBadge, Mobility Consulting, and E-Rounding.
Detects patient falls and alerts nurses in real-time.
Provides emergency alerts for school staff and students.
Offers advice on fall prevention strategies in healthcare.
Enables electronic monitoring for patient safety and mobility.
Funding Insights of Palarum
Palarum has successfully raised a total of $13.55M across 8 strategic funding rounds. The most recent funding activity was a Series A round of $2.55 million completed in May 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $13.55M
- Total Rounds 8
- Last Round Series A — $2.55M
All 8 funding rounds of Palarum with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2025 | $2.55M | Series A | – | – | – |
| Jan 2023 | $3.7M | Series A | – | – | – |
| Feb 2021 | $1.9M | Debt – Conventional | – | – | – |
| May 2018 | $3.8M | Series A | – | – | – |
| May 2018 | $700,000 | Debt – Conventional | – | – | – |
| Apr 2017 | $3.4M | Seed | – | – | – |
| Nov 2016 | Debt – Conventional | – | – | – | |
| Nov 2016 | $100,000 | Seed | – | – | – |
People of Palarum
6 people are tracked at Palarum (5 in leadership, 1 in team).
| Name | Role | Group |
|---|---|---|
Chris Baker | Co-Founder & VP, Business Development & Marketing | Leadership |
Michael Gilkison | Director, Education & Training | Leadership |
Marc Roderick | Director, Operations | Leadership |
Patrick Baker | Founder & CEO | Leadership |
Scott Clifford | Chief Financial Officer | Leadership |
Garrett Clifford | Clinical Coordinator | Team |
Complete people profiles for Palarum
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Palarum
3 dated milestones of Palarum across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Palarum is founded.
- Funding First funding round.
- Funding Latest funding round, Series A, of $2.5M.
Competitors of Palarum
Palarum has 2 listed competitors in our database, 2 of them funded. They include Oxehealth and TestCard.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| oxehealth.com | 2012 | Leeds, United Kingdom | $7.14M | 95 | Contactless patient monitoring is provided for mental health facilities. | |
| testcard.com | 2016 | London, United Kingdom | $20.22M | 39 | TestCard is recognized as a digital diagnostics platform provider. |
Detailed competitors of Palarum
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Palarum
The website of Palarum (palarum.com) receives about 1.7K visits a month.
- Monthly visits1.7K
▼ 29% vs previous month
Websites whose visitors overlap most with Palarum. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| allhealthtech.com | 100% | 5.4K | #3,724,185 | View details |
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Related news about Palarum
Complete news archive for Palarum
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Frequently Asked Questions about Palarum
Palarum was founded in 2016.
Palarum is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Palarum is a funded company, having raised a total of $13.55M across 8 funding rounds to date.
Palarum was founded in 2016 in London, United Kingdom, within the healthcare technology sector. eTextile wearables are supplied to patients for monitoring purposes. A platform is under development to generate insights from analytics and patient data, with the goal of enhancing safety. Operations focus on an integrated system that tracks movement via patented smart textile fabrics integrated with IoT devices.
Palarum offers SmartSocks, SmartBadge, Mobility Consulting, and E-Rounding.
Palarum operates through Palarum Llc.