About Palarum
Palarum is a company based in London (United Kingdom) founded in 2016.. Palarum has raised $13.55 million across 8 funding rounds. Palarum offers products and services including SmartSocks, SmartBadge, Mobility Consulting, and E-Rounding. Palarum operates in a competitive market with competitors including Endotronix, Edwards Lifesciences, CoachCare, SafelyYou and BioIntelliSense, among others.
- Headquarter London, United Kingdom
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Sectors
HealthcareTechnology
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Phone
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Website
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Social
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- Legal Name Palarum Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$13.55 M (USD)
in 8 rounds
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Latest Funding Round
$2.55 M (USD), Series A
May 07, 2025
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Investors
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Employee Count
Employee Count
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Products & Services of Palarum
Palarum offers a comprehensive portfolio of products and services, including SmartSocks, SmartBadge, Mobility Consulting, and E-Rounding. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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.
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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 Total Funding
- Total Rounds 8
- Last Round Series A — $2.5M
- First Round First Round
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| May, 2025 | Amount | Series A - Palarum | Valuation |
investors |
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| Jan, 2023 | Amount | Series A - Palarum | Valuation |
investors |
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| Feb, 2021 | Amount | Debt – Conventional - Palarum | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Palarum
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Palarum
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Palarum Comparisons
Competitors of Palarum
Palarum operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Endotronix, Edwards Lifesciences, CoachCare, SafelyYou and BioIntelliSense, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Miniaturized wireless implantable sensors are developed for hemodynamic monitoring.
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| domain | founded_year | HQ Location |
Medical devices for structural heart disease are developed and provided.
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| domain | founded_year | HQ Location |
Remote monitoring platform for tracking patient activity
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| domain | founded_year | HQ Location |
AI-based fall detection and prevention technology is provided for clinics.
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| domain | founded_year | HQ Location |
Vital signs are monitored via a single-use patch and platform.
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| domain | founded_year | HQ Location |
Contactless patient monitoring is provided for mental health facilities.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Palarum
Frequently Asked Questions about Palarum
When was Palarum founded?
Palarum was founded in 2016.
Where is Palarum located?
Palarum is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is Palarum a funded company?
Palarum is a funded company, having raised a total of $13.55M across 8 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $1.9M, raised on Nov 03, 2016.
What does Palarum do?
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.
Who are the top competitors of Palarum?
Palarum's top competitors include Endotronix, SafelyYou and TestCard.
What products or services does Palarum offer?
Palarum offers SmartSocks, SmartBadge, Mobility Consulting, and E-Rounding.