About ParaSonic
ParaSonic is a company based in Ramat Gan (Israel) founded in 2014. It operates as a B2C. ParaSonic has raised $1.6 million across 1 funding round. ParaSonic operates in a competitive market with competitors including CellScope, Nuclein, Mel-Mont Medical, Orphidia and Xtest, among others.
- Headquarter Ramat Gan, Israel
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.6 M (USD)
in 1 rounds
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Latest Funding Round
$1.6 M (USD), Seed
Nov 16, 2016
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Investors
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Employee Count
Employee Count
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Funding Insights of ParaSonic
ParaSonic has successfully raised a total of $1.6M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.6 million completed in November 2016. 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 1
- Last Round Seed — $1.6M
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First Round
First Round
(16 Nov 2016)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2016 | Amount | Seed - ParaSonic | Valuation |
investors |
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| 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 |
Investments & Acquisitions by ParaSonic
| 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 - ParaSonic
| 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 |
Parasonic Comparisons
Competitors of ParaSonic
ParaSonic 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 CellScope, Nuclein, Mel-Mont Medical, Orphidia and Xtest, 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 |
In-ear visibility is enabled by smartphone-attached otoscope for at-home diagnosis.
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| domain | founded_year | HQ Location |
Handheld PCR devices for infectious disease detection are developed.
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| domain | founded_year | HQ Location |
Molecular screening devices for early infectious disease detection are developed.
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| domain | founded_year | HQ Location |
Handheld device for point-of-care chronic disease diagnostics is developed.
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| domain | founded_year | HQ Location |
Xtest develops biosensors and apps for accurate diagnosis of sexually transmitted diseases.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Frequently Asked Questions about ParaSonic
When was ParaSonic founded?
ParaSonic was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Where is ParaSonic located?
ParaSonic is headquartered in Ramat Gan, Israel. It is registered at Ramat Gan, Tel Aviv District, Israel.
Is ParaSonic a funded company?
ParaSonic is a funded company, having raised a total of $1.6M across 1 funding round to date. The company's 1st funding round was a Seed of $1.6M, raised on Nov 16, 2016.
What does ParaSonic do?
ParaSonic offers a home-use device for effectively eliminating lice and other parasites, focusing on providing healthcare solutions, providing personal care products, developing medical devices, and pest control solutions. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
Who are the top competitors of ParaSonic?
ParaSonic's top competitors include Nuclein, CellScope and Mel-Mont Medical.