PitchBook

Parol Company Profile

Parol, founded in 2020 and headquartered in Bucharest, Romania, is a private healthcare AI SaaS company with 11 employees that has developed a real-time bilingual medical conversation transcription platform to assist doctors in managing patient records, and has raised $1.77M in funding from investors including GapMinder Venture Partners and Cleverage Venture Capital.

Overview

Parol is a developer of an AI medical management platform designed to help doctors and medical clinics take better care of patients. The platform transcribes in real-time the conversation between the doctor and the patient in Romanian and English, detects the change of speakers, and automatically fills in documents such as the medical record. This enables users to easily manage a patient's medical history and provide better treatment.

  • Year Founded: 2020
  • Status: Private
  • Employees: 11
  • Latest Deal Type: Early Stage VC
  • Latest Deal Amount: $1.26M
  • Total Funding Raised: $1.77M
  • Headquarters: 23rd Romulus Street, 3rd District, Bucharest, Romania
  • Website: www.parol.app
  • Primary Industry: Enterprise Systems (Healthcare)
  • Other Industries: Other Healthcare Technology Systems
  • Verticals: SaaS, Artificial Intelligence & Machine Learning, HealthTech

Valuation & Funding

  • Early Stage VC: $1.26M (Completed, Generating Revenue) — 12-Dec-2024
  • Seed Round: (Completed, Generating Revenue) — 11-Aug-2022

Investors

  • GapMinder Venture Partners (Venture Capital, Minority)
  • Cleverage Venture Capital (Venture Capital, Minority)
  • Angel (individual, Minority)

Frequently Asked Questions

When was Parol founded?

Parol was founded in 2020.

Where is Parol headquartered?

Parol is headquartered in Bucharest, Romania.

What is the size of Parol?

Parol has 11 total employees.

What industry is Parol in?

Parol’s primary industry is Enterprise Systems (Healthcare).

Is Parol a private or public company?

Parol is a private company.

How much funding has Parol raised over time?

Parol has raised $1.77M.

Who are Parol’s investors?

GapMinder Venture Partners, Cleverage Venture Capital, and several angel investors have invested in Parol.