Parol

Parol

Transcribes conversations between doctors and patients in real time, creating a management platform for audio and text.

HQ location
Bucharest, Romania
Website
Launch date
Employees
Enterprise value
$4—7m
Company register number
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DateInvestorsAmountRound
-investor

€0.0

round
investor investor investor investor

€0.0

round
*

€1.0m

Seed
Total Funding000k

Financials

Estimates*

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Revenues, earnings & profits over time
EUR2021202220232024
Revenues0000000000000000
EBITDA0000000000000000
Profit0000000000000000
% profit margin---(17 %)
EV0000000000000000
EV / revenue00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x
R&D budget0000000000000000

Source: Company filings or news article

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More about Parol
Made with AI
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Parol.app is a startup that leverages artificial intelligence (AI) to automate the generation of medical records, thereby reducing the administrative burden on healthcare providers. The company's primary offering, Parol AI, is designed to help doctors and other medical professionals focus more on patient care and less on paperwork.

The company operates in the healthcare technology market, serving a clientele that primarily consists of doctors, clinicians, and other healthcare providers. Its product, Parol AI, is capable of capturing and understanding natural patient conversations, automatically generating comprehensive and compliant medical records in real time. This allows healthcare providers to engage in more meaningful interactions with their patients without the interruption of manual note-taking.

Parol's business model is based on a subscription service. Users can sign up for a free trial of Parol Lite, which offers basic medical record generation in English and Romanian. The AI technology is adaptive, learning each clinician's voice and patterns over time to produce consistent, high-quality clinical documentation.

The company generates revenue through its subscription services, offering different tiers of functionality and features. The more advanced features likely come at a higher subscription cost, providing the company with a scalable revenue model.

Parol.app is at the forefront of the intersection between AI and healthcare, providing a solution that not only improves efficiency but also enhances the quality of patient care.

Keywords: Healthcare Technology, Artificial Intelligence, Medical Records, Clinical Documentation, Subscription Model, Time-saving, Patient Care, Clinician Support, Real-time Documentation, Adaptive Technology.

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