Parados

Fredericton, Canada Founded: 2020 • Age: 6 yrs
AI-powered tools for physical movement analysis are provided.
Annual revenue - Latest available
Total funding $25,000 1 rounds
Employees - Tracked headcount
Investors 1 Known backers
Products 2 Services tracked
Competitors 9 Brand Intelligence

About Parados

Parados is a company based in Fredericton (Canada) founded in 2020. Parados has raised $25 thousand across 1 funding round from investors including New Brunswick Innovation Foundation. Parados offers products and services including Parados Platform and API Integration. Parados operates in a competitive market with competitors including SmartSpot, KinoTek, Akuis, EuMotus and Bodygee, among others.

  • Headquarter Fredericton, Canada
  • Sectors
    Healthcare
  • Email
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  • Phone
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  • Website
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Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
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  • Net Profit
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  • EBITDA
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  • Total Equity Funding
    $25 K (USD)

    in 1 rounds

  • Latest Funding Round
    $25 K (USD), Seed

    Dec 07, 2022

  • Investors
  • Employee Count
    Not available
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Products & Services of Parados

Parados offers a comprehensive portfolio of products and services, including Parados Platform and API Integration.

Product name locked
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Primary

AI tool for analyzing postures and movements to prevent injuries.

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Allows custom app integration for scalable movement assessments.

Funding Insights of Parados

Parados has successfully raised a total of $25K through 1 strategic funding round. The most recent funding activity was a Seed round of $25 thousand completed in December 2022. 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.

Investors in Parados

Parados has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include New Brunswick Innovation Foundation.

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Venture Fund
Investor Description Founded Year Domain Location
Seed-stage startups are funded by sector-agnostic VC investments.
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Investor details for Parados

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Investments & Acquisitions by Parados

Investments
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Investment portfolio details for Parados

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Financial Statements - Parados

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Detailed financials for Parados

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Parados Comparisons

Parados Primary company
Description
AI-powered tools for physical movement analysis are provided...
Location
Fredericton, Canada
Founded Year
2020
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Parados

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Competitors of Parados

Parados 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 SmartSpot, KinoTek, Akuis, EuMotus and Bodygee, among others.

Company Name Domain Founded year HQ Location Description
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Gym technologies for workout monitoring and progress tracking are provided.
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3D visualization software for movement analysis is developed by KinoTek.
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Software for fitness trainers to manage training business
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Patient movement data is captured via a single-camera medical device.
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Offers 3D body scanning and analysis for fitness tracking and monitoring.
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AI-based motion tracking and feedback for fitness exercises are provided.
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Detailed competitors of Parados

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Latest news on Parados

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Complete news archive for Parados

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Frequently Asked Questions about Parados

Parados was founded in 2020 and raised its 1st funding round 2 years after it was founded.

Parados is headquartered in Fredericton, Canada. It is registered at Fredericton, New Brunswick, Canada.

Parados is a funded company, having raised a total of $25K across 1 funding round to date.

Parados was founded in 2020 and is based in Fredericton, Canada. Operations center on the health and performance sector, where an AI-powered tool is utilized for analyzing physical movements. Key biometrics are optimized to support health and performance goals. Complementary hardware devices for data collection are offered alongside the core software platform.

Parados's top competitors include KinoTek, SmartSpot and Akuis.

Parados offers Parados Platform and API Integration.

Parados has 1 investor. Key investors include New Brunswick Innovation Foundation.

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