Parazute

📍 Copenhagen, Denmark🗓 Founded 2022👥 4 employees💰 Last funded Jun 2023
Parazute™ activates social networks to avoid mental free-falling. With Parazute™, relatives may stay calm while their mentally ill loved ones get peace of mind. Our healthcare struggle to support the 970.000.000 mentally ill people globally. (1) Suicide is the second leading cause of death among generation Z. We have witnessed an increase in anxiety by 26% and major depressive disorders by 28% in just one-year post covid, (2) We must stand together; healthcare can no longer deal with the issue alone. Parazute™ is empowering the relatives as they are the largest untapped resource in mental healthcare. The Parazute app reports the mental health status to the patients network based on a few daily inputs. It is less than one minute of effort for the patient. In case of adverse development in mental status – the self-selected “Parazuters,” made up of family, friends, and even caregivers that the patient already trusts, get notified that the patient needs some love. Parazute™ is developed by patients, relatives, and mental healthcare professionals in close association with the Danish National Association for Mental Health. Our goal is to scientifically demonstrate that together we can avoid 1.000.000 hospitalizations 100.000 self-damages 10.000 suicides References: 1. Institute of Health Metrics and Evaluation. Global Health Data Exchange (GHDx), (https://vizhub.healthdata.org/gbd-results/, accessed 14 May 2022). 2. Mental Health and COVID-19: Early evidence of the pandemic’s impact. Geneva: World Health Organization; 2022.
2
Total investors
2
Early stage
0
Mid stage
0
Late stage
2022
Founded
Investor geography1 country
Denmark
2
Frequently asked questions
Who invested in Parazute?
Parazute has 2 investors on record on gritt.io, including 2 early-stage backers.
When did Parazute last raise funding?
The most recent investment in Parazute recorded on gritt.io was in June 2023.
When was Parazute founded?
Parazute was founded in 2022.
What industry is Parazute in?
Parazute operates in Mental Health Care. Find similar Mental Health Care investors on gritt.io.
Where is Parazute based?
Parazute is headquartered in Copenhagen, Denmark.