About Parasail Health:

Parasail Health helps doctors and patients focus on treatment instead of payment by offering a suite of products that make medical bills affordable for patients and get doctors paid right away. With affordable patient loans, a simple and intuitive application process and clear estimates of out-of-pocket costs, patients are empowered to make the right decisions for their health. They can get needed treatment immediately even if they have high deductibles. Parasail provides doctors with secure and predictable revenues so they can focus on healing by paying them right away with no risk if the patient defaults on their debt. Parasail’s mission is to humanize the health care system by putting the needs of doctors and patients first. It’s time to focus on what matters. www.parasail.com

Who is Parasail Health?

Parasail was founded in 2015, with a team who collectively created well over $1.5 billion dollars in enterprise value in consumer technology, healthcare and cleantech industries before forming the company. Parasail currently has a core team of 12, including seasoned executives and engineers from some of the leading healthcare, finance, consumer brand and application development companies. The team will expand to 15 by the end of the year. Parasail has received seed equity investments totaling $7M from Peter Thiel (founder of PayPal and Palantir and early-stage investor in Facebook, LinkedIn and Yelp) as well as Montage Ventures, Healthy Ventures, Colchis Capital and Arbor Ventures.