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Palarum

Palarum

Private
Lebanon, OhioHealthcare & Life Scienceshttps://palarum.com/

Last Round

Early Funding

May 29, 2025

Total Funding Raised

$17.57M

Company Overview

Palarum is a therapeutic devices company that has developed a wearable technology designed to prevent patient falls and enhance rehabilitation therapy.

Sector

Healthcare & Life Sciences

Verticals

Medical Devices, Health IoT, Sensors, Patient Engagement

Business Model

B2B

Customer Profile

Hardware + Subscription, Services & Consulting

AI Layer

Non-AI

Keywords

fall preventionsmart sockpatient safetywearable sensorpatient monitoringeTextilehealth IoTnursing workflowmedical deviceremote patient monitoringRPMclinical alert systemhospital technologywearable techconnected health

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Palarum Comparables

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Palarum comparables — related companies by embedding similarity
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OK2StandUP, Inc.
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Palarum Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Early FundingMay 29, 2025
Private EquityAug 24, 2021
Convertible DebtMay 22, 2018
SeedAug 29, 2017
SeedApr 4, 2017

Key People

Founding team and executive leadership

Patrick Baker

Founder & CEO

Founding Team

Market signals

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  • Aug 24, 2021

    $4.37M round raised

Palarum Filings

SEC and related filings with document metadata.

Data table
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Palarum Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersLebanon, Ohio
Employee Range15
Year Founded2014
Last FundingMay 29, 2025

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