# Parachute Health funding: rounds and investors

> Parachute Health has raised $15M across 3 rounds since 2018. Investors include Anthony Welters, Alumni Ventures and Fred Browne. Every round with its source.

Source: https://millionrounds.com/company/parachute-health (Millionrounds; every figure on the page links to its filing or article)

United States · [Venture startup](https://millionrounds.com/companies)

# Who invested in *Parachute Health*

3 rounds we have observed, with the 6 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Biotech Healthcare

Funding summary Updated 26 Oct 2026

**$15M** raised across 3 rounds since 2018, from 3 sources

**$5.5M** Seed **$9.5M** Round **$1K** Venture

- **Latest round:** Venture, $1K Dec 2019
- **Biggest round:** $9.5M Round · Jun 2018
- **Investors:** 6

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2019

**$5.5M** Seed

**$9.5M** Round

**$1K** Venture

- **First round:** Seed, $5.5M
- **Biggest round:** $9.5M
- **Usual gap between rounds:** 18 months

## The rounds

- **Dec 2019** Venture **$1K** *1 new* [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) Source recorded
- **Jun 2018** Round **$9.5M** *1 new* *1 returning* [Anthony Welters](https://millionrounds.com/fund/anthony-welters) Insight Venture Partners/ GNYHA Ventures Reported by FinSMEs SEC filing: $9.5M sold, first sale May 2018
- **Mar 2018** Seed **$5.5M** *4 new* [Anthony Welters](https://millionrounds.com/fund/anthony-welters) Fred Browne Greater New York Hospital Association Loeb Holding Reported by FinSMEs SEC filing: $9.5M sold, first sale May 2018

## Founders and team

From Parachute Health's own website and the SEC filings it signed: 6 on the team.

- **David Gelbard** Chief Executive Officer and Member of Board of Managers i
- **Andy Patterson** VP of Operations
- **Anthony Welters** Member of Board of Managers i
- **Lee Perlman** Member of Board of Managers i
- **Peter Segall** Member of Board of Managers i
- **Trevor Nelson** Member of Board of Managers i

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2018 **Round** 2018 **Venture** 2019 [Anthony Welters](https://millionrounds.com/fund/anthony-welters) [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) Fred Browne Greater New York Hospital Association Insight Venture Partners/ GNYHA Ventures Loeb Holding

## Everyone who backed them

[Anthony Welters](https://millionrounds.com/fund/anthony-welters) Angel **2** rounds

[Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) VC firm **1** round

Fred Browne no record of our own yet **1** round

Greater New York Hospital Association no record of our own yet **1** round

Insight Venture Partners/ GNYHA Ventures no record of our own yet **1** round

Loeb Holding no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=parachute-health).

## Also claim to have backed them

This firm lists Parachute Health as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[Left Lane Capital](https://millionrounds.com/fund/left-lane-capital) VC firm Per its own site

## Quick answers about Parachute Health

### Who invested in Parachute Health?

Parachute Health's investors include Anthony Welters, Alumni Ventures, Fred Browne, Greater New York Hospital Association and Insight Venture Partners/ GNYHA Ventures, and 1 more on record.

### How much has Parachute Health raised?

Parachute Health has raised $15M across 3 rounds since 2018.

### When did Parachute Health last raise?

Parachute Health's most recent round was a Venture of $1K in Dec 2019.

### What was Parachute Health's biggest round?

Parachute Health's largest round on record is $9.5M (Undisclosed round), in Jun 2018.

### Who backed Parachute Health first?

Parachute Health's first round on record, in Mar 2018, was backed by Anthony Welters, Fred Browne and Greater New York Hospital Association and 1 others.

### What stage is Parachute Health at?

Parachute Health's latest named round is a Venture, in Dec 2019.

### Where is Parachute Health based?

Parachute Health is based in the United States.

## Companies like Parachute Health

In the same sector, and raised in the last eighteen months.

[**Star Therapeutics** $325M · Oct 2026](https://millionrounds.com/company/star-therapeutics)[**Promaxo** $106M · Oct 2026](https://millionrounds.com/company/promaxo)[**Prolific Machines** $105M · Oct 2026](https://millionrounds.com/company/prolific-machines)[**AI** $18M · Oct 2026](https://millionrounds.com/company/ai)[**Baba** $40M · Oct 2026](https://millionrounds.com/company/baba)[**IMIO** $19M · Oct 2026](https://millionrounds.com/company/imio)

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