Parasense

Stanardsville, United States Founded: 1989 • Age: 37 yrs Acquired By Bacharach
Refrigerant tracking and compliance solutions are provided globally.
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About Parasense

Parasense is a company based in Stanardsville (United States) founded in 1989 was acquired by Bacharach in May 2017.. Parasense offers products and services including Portable Gas Detection, Firefighter Helmets, and Fall Protection. Parasense operates in a competitive market with competitors including GovPort, beXel, SeaRoc, Blue Dwarf Space and HEIMDALL Rig created with, among others.

  • Headquarter Stanardsville, United States
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
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Operational Areas
Technology → Enterprise Software & Productivity Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Bacharach

    (May 17, 2017)

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Products & Services of Parasense

Parasense offers a comprehensive portfolio of products and services, including Portable Gas Detection, Firefighter Helmets, and Fall Protection. 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

Devices for detecting gas leaks in industrial settings

Helmets providing head protection for emergency responders

Systems to prevent falls in construction and industrial environments

Funding Insights of Parasense

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

Investors in Parasense

Parasense has secured backing from 1 investor. Prominent investors backing the company include Bacharach. 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.

All
Investor Description Founded Year Domain Location
Gas sensing devices are developed for industrial detection needs.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Parasense

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 - Parasense

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

Parasense Comparisons

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Competitors of Parasense

Parasense 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 GovPort, beXel, SeaRoc, Blue Dwarf Space and HEIMDALL Rig created with, 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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Asset management software for tracking compliance and maintenance in energy sectors.
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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On-demand services are booked through an app-based platform.
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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 Parasense

Frequently Asked Questions about Parasense

When was Parasense founded?

Parasense was founded in 1989.

Where is Parasense located?

Parasense is headquartered in Stanardsville, United States. It is registered at Stanardsville, Virginia, United States.

What does Parasense do?

Parasense was founded in 1989 and is headquartered in Stanardsville, United States. Regulatory compliance solutions for refrigerants are offered, including EPA 608 standards in the US and F-Gas regulations in Europe, along with regional requirements such as CARB and SCAQMD. Services target industries including food retail, food processing, and manufacturing, with operations focused on tracking and adherence to environmental protocols.

Who are the top competitors of Parasense?

Parasense's top competitors include GovPort, SeaRoc and beXel.

What products or services does Parasense offer?

Parasense offers Portable Gas Detection, Firefighter Helmets, and Fall Protection.

Who are Parasense's investors?

Parasense has 1 investor. Key investors include Bacharach.

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