Parachute
Latest round
- Seed
Last raised
- Aug 2025
Total raised
- Undisclosed
Investors
- 1
About Parachute
Parachute, Inc. was founded in 2025 and operates from San Francisco, US. The company focuses on providing a governance framework for clinical AI, specifically catering to hospitals. The firm has engaged in 1 deal, with its most recent deal occurring on August 27, 2025.Parachute, Inc. specializes in providing comprehensive governance infrastructure for clinical AI within the healthcare sector. Their core offerings include an AI-driven Vendor Marketplace designed to streamline the selection of AI solutions that meet specific hospital needs while addressing critical factors such as risk, fit, and impact. The platform utilizes advanced algorithms to evaluate and match AI vendors against clinical gaps and regulatory requirements, ultimately aiding hospitals in navigating the complexities of AI integration. Key functionalities include automated scoring for accuracy, safety, and bias, as well as continuous performance monitoring to ensure compliance with evolving safety standards.Parachute, Inc. generates revenue through a subscription-based model, which facilitates ongoing access to its Vendor Marketplace platform and associated services. Clients, primarily hospitals and healthcare organizations, enter into agreements that provide them with tailored AI governance tools, enabling them to manage vendor relationships and compliance rigorously. The structure of these transactions typically includes tiered pricing based on the size of the institution and the number of AI solutions integrated into their systems. Parachute's offerings ensure that healthcare providers have the necessary resources to adopt innovative AI technologies while maintaining regulatory compliance and operational effectiveness. plans to utilize the capital to enhance its product offerings and support infrastructure development. The company aims to launch new features for its Vendor Marketplace platform by the end of 2025 to improve user experience and expand its operational capabilities. Additionally, Parachute is targeting expansion into several key regions across the US, focusing on healthcare markets that show a growing need for AI governance solutions. This strategic initiative is expected to position the company favorably in the rapidly evolving healthcare technology landscape.
Who invested in Parachute
1 investor across 1 round
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Funding rounds
Seed
Aug 27, 2025
Amount
Undisclosed
Investors
Questions about Parachute
Who invested in Parachute?
Parachute has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Parachute raised?
Parachute has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Parachute last raise money?
Parachute's most recent round on record is a Seed, in Aug 2025.
What does Parachute do?
Parachute is a software company.
Where is Parachute headquartered?
Parachute is headquartered in San Francisco, US.
Which VCs invest in companies like Parachute?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Parachute's stage. Their profiles are linked below.
VCs backing software startups at Seed
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