About ParaMed
ParaMed is a company based in Markham (Canada) founded in 1974 was acquired by Stryker in June 2009.. ParaMed offers products and services including Nursing at Home, Respite Care, Live-in Care, and Specialized Care. ParaMed operates in a competitive market with competitors including Trualta, Stay Home Forever, Advanced Home Care Solutions, KGH Foundation and Winnipeg Regional Health Authority, among others.
- Headquarter Markham, Canada
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Sectors
Healthcare
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Email
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Phone
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Website
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Products & Services of ParaMed
ParaMed offers a comprehensive portfolio of products and services, including Nursing at Home, Respite Care, Live-in Care, and Specialized Care. 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.
Delivers nursing services for post-hospitalization and chronic disease management.
Offers temporary relief for caregivers through professional home assistance.
Provides continuous in-home support for daily living and medical needs.
Includes therapies like physiotherapy and occupational therapy for specific conditions.
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Funding Insights of ParaMed
| 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 |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in ParaMed
ParaMed has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Stryker. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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3D-printed orthopedic products are manufactured for medical applications.
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by ParaMed
| 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 - ParaMed
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
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Paramed Comparisons
Competitors of ParaMed
ParaMed 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 Trualta, Stay Home Forever, Advanced Home Care Solutions, KGH Foundation and Winnipeg Regional Health Authority, 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 |
Provider of diversified home nursing care services
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Home-based primary care, physical therapy, and related services are provided.
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Connects healthcare talent with job opportunities in Canada, USA, Middle East, and UK.
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| domain | founded_year | HQ Location |
Diversified home healthcare services are provided in Kelowna, Canada.
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Provides public health care, home services, and Indigenous support in Winnipeg region.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
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 Paramed
Frequently Asked Questions about ParaMed
When was ParaMed founded?
ParaMed was founded in 1974.
Where is ParaMed located?
ParaMed is headquartered in Markham, Canada. It is registered at Markham, Ontario, Canada.
What does ParaMed do?
ParaMed was founded in 1974 in Markham, Canada, operating within the healthcare sector. Diversified home nursing care services are delivered, including personal support and medical assistance for clients in residential settings. Operations focus on community-based care, serving various demographics through a network of qualified professionals. The company maintains its headquarters in Markham, with services extended throughout Canada to address local healthcare needs.
Who are the top competitors of ParaMed?
ParaMed's top competitors include Trualta, Stay Home Forever and Caregiver Services.
What products or services does ParaMed offer?
ParaMed offers Nursing at Home, Respite Care, Live-in Care, and Specialized Care.
Who are ParaMed's investors?
ParaMed has 1 investor. Key investors include Stryker.