About Paranimo
Paranimo is a company based in Bristol (United Kingdom) founded in 2019 by Dan Condliffe.. Paranimo has raised $59.1 thousand across 2 funding rounds from investors including Gov.uk and Boost Fund. The company has 3 employees as of April 30, 2022. Paranimo offers products and services including Paranimo Platform, Therapist Matching Engine, and Admin Dashboard. Paranimo operates in a competitive market with competitors including Zesty, DoctorLink, Gogodoc, Virtual Lucy and eHealthy, among others.
- Headquarter Bristol, United Kingdom
- Employees 3 as on 30 Apr, 2022
- Founders Dan Condliffe
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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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Social
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- Legal Name Paranimo Limited
- Date of Incorporation 13 May, 2019
- Jurisdiction FARNBOROUGH, ENGLAND
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$59.1 K (USD)
in 2 rounds
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Latest Funding Round
$59.1 K (USD), Seed
Nov 22, 2022
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Investors
Gov.uk
& 1 more
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Employee Count
3
as on Apr 30, 2022
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Products & Services of Paranimo
Paranimo offers a comprehensive portfolio of products and services, including Paranimo Platform, Therapist Matching Engine, and Admin Dashboard. 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.
Platform for therapist matching and secure video sessions.
Engine to connect users with therapists based on fit.
Tool for tracking sessions and revenue insights.
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Funding Insights of Paranimo
Paranimo has successfully raised a total of $59.1K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $59.1 thousand completed in November 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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $59,102
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First Round
First Round
(18 Jun 2021)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 2022 | Amount | Seed - Paranimo | Valuation | Boost Fund |
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| Jun, 2021 | Amount | Grant - Paranimo | Valuation |
investors |
| 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 |
investors |
Investors in Paranimo
Paranimo has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Gov.uk and Boost Fund. 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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Online government services and information are provided to users.
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Founded Year | Domain | Location |
| Investor | Description | 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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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Paranimo
| 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 - Paranimo
| 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 |
Paranimo Comparisons
Competitors of Paranimo
Paranimo 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 Zesty, DoctorLink, Gogodoc, Virtual Lucy and eHealthy, 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 |
Healthcare technology solutions are provided for patient engagement and care delivery.
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| domain | founded_year | HQ Location |
Mobile app for efficient access to GPs
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| domain | founded_year | HQ Location |
Home care doctors are booked via an online platform.
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| domain | founded_year | HQ Location |
Offers insourcing, virtual platforms, and blended services for NHS healthcare providers.
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| domain | founded_year | HQ Location |
Online store for buying fitness products
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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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| 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 Paranimo
Frequently Asked Questions about Paranimo
When was Paranimo founded?
Paranimo was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Where is Paranimo located?
Paranimo is headquartered in Bristol, United Kingdom. It is registered at Bristol, England, United Kingdom.
Is Paranimo a funded company?
Paranimo is a funded company, having raised a total of $59.1K across 2 funding rounds to date. The company's 1st funding round was a Grant of $188.39K, raised on Jun 18, 2021.
How many employees does Paranimo have?
As of Apr 30, 2022, the latest employee count at Paranimo is 3.
What does Paranimo do?
Paranimo was founded in 2019 and is based in Bristol, United Kingdom. An online platform is operated to connect users with licensed mental health therapists addressing diverse issues. Matches are facilitated based on user needs, followed by booking options for video consultations. Services are delivered through the domain paranimo.co.uk in the digital health sector. The company was co-founded by Dan Condliffe.
Who are the top competitors of Paranimo?
Paranimo's top competitors include Zesty, Gogodoc and DoctorLink.
What products or services does Paranimo offer?
Paranimo offers Paranimo Platform, Therapist Matching Engine, and Admin Dashboard.
Who are Paranimo's investors?
Paranimo has 2 investors. Key investors include Gov.uk, and Boost Fund.