About Parallax Health Sciences
Parallax Health Sciences is a Healthcare company based in Santa Monica (United States) founded in 2005. Digital health diagnosis tools are provided for healthcare professionals. Parallax Health Sciences has raised $1.1 million across 3 funding rounds. The company has 6 employees. Parallax Health Sciences has completed 1 acquisition, including QOLPOM. Its chief executive, as recorded, is Seth Edwards. Its focus areas include HealthTech, Healthcare IT, Provider and Clinical Operations. Its legal entity is PARALLAX HEALTH SCIENCES, INC.
Company details
Parallax Health Sciences was founded in 2005 in Santa Monica, United States. Software solutions are developed to support healthcare professionals in patient health detection and monitoring. Key features encompass treatment planning, data modeling, and real-time analysis. Operations focus on the digital health sector, with tools designed for professional use in clinical settings.
- Headquarters Santa Monica, United States
- Employees 6
- SectorsHealthcare
- Email••••••••
- Phone•••• ••••
- Website parallaxhealthsciences.com
- Social LinkedIn X Facebook
- Legal Name Parallax Health Sciences, Inc.
- Annual Revenue$11.74 K (USD)-88as on Dec 31, 2018
- Net Profit$16.29 M (USD)219as on Dec 31, 2018
- EBITDA-$6.56 M (USD)-62as on Dec 31, 2018
- Total Equity Funding$1.1M (USD)
in 3 rounds
- Latest Funding Round$250K (USD), Debt – Conventional
Nov 2018
- Employee Count6
- Investments & Acquisitions
Funding Insights of Parallax Health Sciences
Parallax Health Sciences has successfully raised a total of $1.1M across 3 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $250 thousand completed in November 2018. 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 $1.1M
- Total Rounds 3
- Last Round Debt – Conventional — $250,000
- First Round $600,000
(Jun 2018)
All 3 funding rounds of Parallax Health Sciences 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 |
|---|---|---|---|---|---|
| Nov 2018 | $250,000 | Debt – Conventional | – | – | – |
| Aug 2018 | $500,000 | Seed | – | – | – |
| Jun 2018 | $600,000 | Seed | – | – | – |
People of Parallax Health Sciences
1 people are tracked at Parallax Health Sciences (1 in leadership); the tracked headcount is 6.
| Name | Role | Group |
|---|---|---|
Seth Edwards | CEO | Leadership |
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Investments & Acquisitions by Parallax Health Sciences
Parallax Health Sciences has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include QOLPOM.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Healthcare management and patient engagement services are provided by QOLPOM. | qolpom.com | Santa Monica, United States | 2014 | Sep 2016 | •••• |
Complete acquisition details for Parallax Health Sciences
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Timeline of Parallax Health Sciences
4 dated milestones of Parallax Health Sciences across 13 years, from founding to its latest funding, stage changes and deals.
- Founded Parallax Health Sciences is founded.
- Acquisition Acquires QOLPOM.
- Funding First funding round of $600K.
- Funding Latest funding round, Debt – Conventional, of $250K.
Top companies in Clinical IT & Data Platforms
3 companies that operate in the same segment as Parallax Health Sciences (Clinical IT & Data Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M | |||
Healthcare appointments are booked online via Zocdoc's platform. | 2007 | New York, New York, United States | USD 425.97 M | USD 4.66 M | 1,365 | |
Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | 1,746 |
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Frequently Asked Questions about Parallax Health Sciences
Parallax Health Sciences was founded in 2005 and raised its 1st funding round 13 years after it was founded.
Parallax Health Sciences is headquartered in Santa Monica, United States. It is registered at Santa Monica, California, United States.
Seth Edwards is the CEO of Parallax Health Sciences, as recorded in our data.
Parallax Health Sciences is a funded company, having raised a total of $1.1M across 3 funding rounds to date. The company's 1st funding round was a Seed of $600K, raised on Jun 2018.
Parallax Health Sciences has 6 employees.
Annual revenue of Parallax Health Sciences is $11.74K as on Dec 31, 2018.
Parallax Health Sciences was founded in 2005 in Santa Monica, United States. Software solutions are developed to support healthcare professionals in patient health detection and monitoring. Key features encompass treatment planning, data modeling, and real-time analysis. Operations focus on the digital health sector, with tools designed for professional use in clinical settings.
Parallax Health Sciences has made 1 acquisition, including QOLPOM.
Parallax Health Sciences operates through Parallax Health Sciences, Inc..