Palarum

London, United Kingdom Founded: 2016 • Age: 10 yrs
eTextile wearable technology for patient monitoring is provided.
Request Access

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
  • Sectors
    Healthcare
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Palarum Llc
Operational Areas
Healthcare → Healthcare Services & Infrastructure
Technology → Internet of Things (IoT) & Connectivity
Technology → Extended, Virtual & Augmented Reality
Healthcare → Health Technology & Digital Health
Healthcare → Health Technology & Digital Health
Healthcare → Health Technology & Digital Health
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $13.55 M (USD)

    in 8 rounds

  • Latest Funding Round
    $2.55 M (USD), Series A

    May 07, 2025

  • Investors
  • Employee Count
    Employee Count
Upgrade to premium

Unlock complete access to The Company Check

Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.

Upgrade to Premium No viewing limits. Your plan controls exports and screening usage.
Included in your Premium account
  • Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
  • Full access to every database India & global coverage, advanced filters and rich profile details
  • Always-on access from your team account Single premium plan for everything you see on the portal

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.

Primary

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.

People of Palarum
Headcount 10-50
Employee Profiles 6
Employee Profiles
People
Chris Baker
Co-Founder & VP, Business Development & Marketing
People
Michael Gilkison
Director, Education & Training
People
Marc Roderick
Director, Operations
People
Patrick Baker
Founder & CEO

Unlock access to complete

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 Rounds 8
  • Last Round Series A — $2.5M
  • First Round
  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2025 Amount Series A - Palarum Valuation

investors

Jan, 2023 Amount Series A - Palarum Valuation

investors

Feb, 2021 Amount Debt – Conventional - Palarum Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by Palarum

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Palarum

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Palarum Comparisons

Employees
+
Add Comparison
Available on Premium

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
domain founded_year HQ Location
Miniaturized wireless implantable sensors are developed for hemodynamic monitoring.
domain founded_year HQ Location
Medical devices for structural heart disease are developed and provided.
domain founded_year HQ Location
Remote monitoring platform for tracking patient activity
domain founded_year HQ Location
AI-based fall detection and prevention technology is provided for clinics.
domain founded_year HQ Location
Vital signs are monitored via a single-use patch and platform.
domain founded_year HQ Location
Contactless patient monitoring is provided for mental health facilities.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

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.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available