Palarum: Funding, Investors & Team (Oct 2026)
Palarum is a recently established healthcare firm that utilizes advanced technologies, predictive analytics, and data management to enhance patient care and safety in acute care healthcare facilities. Operating as a technology-focused healthcare company, Palarum improves patient safety protocols in these settings.
Palarum has raised $6.3M across 2 funding rounds on record, the most recent an undisclosed round of $2.6M announced in May 2025.
That round is below the $5.0M median round size for Health Care companies tracked on FundedIQ over the last two years.
Palarum Company Profile and Key Stats
Latest funding round on record: May 2025.
Palarum Funding Rounds
Palarum raised $3.7M in an undisclosed round announced in Jan 2023.
2.3 years later, an undisclosed round of $2.6M was announced in May 2025.
Palarum Founders and Leadership Team
Contact details for the Palarum team: 1 of 2 have an email address on file.
Start 14-day free trial →Palarum Funding Compared to Other Health Care Startups
Palarum's latest round of $2.6M is below the median round in Health Care. Medians cover the last 24 months of disclosed rounds.
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Palarum Funding FAQs
What does Palarum do?
Palarum is a recently established healthcare firm that utilizes advanced technologies, predictive analytics, and data management to enhance patient care and safety in acute care healthcare facilities. Operating as a technology-focused healthcare company, Palarum improves patient safety protocols in these settings.
How much funding has Palarum raised?
Palarum has raised $6.3M across 2 rounds on record. The most recent is an undisclosed round of $2.6M announced in May 2025.
When did Palarum last raise funding?
Palarum's most recent funding round on record is an undisclosed round of $2.6M, announced in May 2025.
Who founded Palarum?
FundedIQ lists Chris Baker (Founder) at Palarum.
Who is the CEO of Palarum?
Patrick Baker is listed as CEO at Palarum.
Where is Palarum headquartered?
Palarum is based in Lebanon, Ohio, United States.
How many employees does Palarum have?
Palarum is in the 11-50 employee band.
How does Palarum's funding compare to other Health Care startups?
Palarum's latest round of $2.6M is below the $5.0M median round size for Health Care companies on FundedIQ across 3,660 tracked companies over the last two years.
About FundedIQ's Palarum Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Palarum is left off this page rather than filled in.
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