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PARAL

PARAL

Medical Equipment ManufacturingFlag of DKCopenhagen, Capital Region of Denmark, Denmark1-10 Employees

Company overview

HeadquartersTagensvej 16a, Incubation, Copenhagen, Capital Region 2200, DK
Website
Keywords
Medtech, Designed And Developed In Denmark, Userfreindly Medtechwearable
Founded2023
Employees1-10

Key Contact at PARAL

Flag of DK

Martin Johansen

Ceo, Founder Of Paral

About PARAL

Problem: Denmark has over 524,000 diagnosed heart patients who require 64 times more consultations than the average citizen (Hjerteforeningen, 2023), leading to ineffective treatment, medication errors, and limited access to rehabilitation services within the healthcare system. This has created a need for continuous and remote monitoring solutions. Progressing the use of non-adhesive and user-friendly "fitness wearables" for continuous and remote monitoring of AF and HF patients degrades clinical reliability and data collectivity, limiting diagnostic and monitoring improvements (Guo et al., 2019). Complication: Traditional Holter ECGs, while clinically reliable, are uncomfortable, time-consuming to set up (taking over 15 minutes), and often require frequent clinical interventions when electrodes become loose. They are primarily designed for acute, localized monitoring of atrial fibrillation (AF) and heart failure (HF) patients in hospital settings but are increasingly inadequate for modern healthcare needs (Halimi et al., 2022; Carrington et al., 2022; MacDonagh et al., 2021; Hindricks et al., 2020). Solution: PARAL is in the proof-of-concept (POC) stage with 'The Link,' a patent-pending, personalizable MedTech wearable for continuous and remote cardiac monitoring. It offers comfort and can be personalized for any body size and clinical use case, while integrating gold-standard, non-adhesive 12-lead ECG.

$

PARAL revenue & valuation

Annual revenue$684,440
Revenue per employee$86,000
Estimated valuation?$2,200,000
Total fundingNo funding

Employees by Management Level

Total employees: 1-10

Seniority

Employees

Entry
C-Suite
Partner

Employees by Department

PARAL has 6 employees across 6 departments.

Departments

Number of employees

Funding Data

PARAL has never raised funding before.

Frequently asked questions

PARAL is located in Copenhagen, Capital Region of Denmark, DK.
PARAL was founded in 2023, making it 3 years old. The company has established itself as a significant player in its industry over this time.
PARAL has approximately 1-10 employees. The company continues to grow its workforce to support its business operations and expansion.

4.8

40,000 users

top 50
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most used
tier 1 accuracy

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