Parambil
Category: AI in Legal
An AI-powered platform that automates medical record review and clinical data extraction for law firms handling mass torts and complex litigation. Parambil was founded in 2023. The company is led by Sara Dwyer. Based in New York, USA. Team size: 10-50. Total funding raised: $8.0M. Latest round: Seed ($6.0M, Jan 2026). Key investors include Daybreak Ventures.
- Founded
- 2023
- Headquarters
- New York, USA
- Team size
- 10-50
- Total funding
- $8.0M
Value proposition
Accelerates medical record review by 95% while improving data accuracy by 44% compared to traditional human-only methods, enabling legal teams to identify key facts faster and more reliably.
Products and solutions
AI Medical Record Review Platform, Automated Clinical Data Extraction Engine, Mass Tort Litigation Support Dashboard, Legal-Medical Fact Validation System
Unique value
Combines high-level management consulting expertise with advanced AI (QuantumBlack/McKinsey background) to solve the specific bottleneck of medical data extraction in the legal industry, having already processed over 5 million records.
Target customer
Law firms specializing in mass torts and complex litigation, legal service providers, and corporate legal departments.
Industries served
Legal Technology (LegalTech), Healthcare, Life Sciences, Insurance Litigation
Technology advantage
Proprietary AI architecture capable of extracting and validating complex clinical data with 95% faster turnaround times and significantly higher accuracy than manual paralegal or medical expert reviews.
How they differentiate
Leverages proprietary AI architecture developed by former McKinsey QuantumBlack experts to extract and validate complex clinical data with 95% faster turnaround and 44% higher accuracy than manual paralegal reviews.
Main competitors
EvenUp, Wisedocs, Clearbrief
Key partnerships
Daybreak Ventures (Lead Investor), QuantumBlack (Alumni network/methodological influence), Major U.S. Mass Tort Law Firms
Notable customers
Major U.S. Mass Tort Law Firms, Complex Litigation Legal Departments
Major milestones
Founded in February 2023 by former McKinsey Engagement Manager Sara Dwyer, Secured $2M Pre-Seed funding led by Daybreak Ventures in January 2025, Announced $6M Seed funding round in January 2026 to scale AI extraction capabilities, Successfully processed 5M+ clinical records with a 44% improvement in data accuracy over human-only review
Growth metrics
Processed over 5 million medical records; achieved 95% faster turnaround times compared to traditional methods.
Market positioning
Specialized Legal AI provider focusing on high-volume medical record analysis for mass torts and complex litigation.
Geographic focus
United States (Headquartered in New York)
Patents and IP
No registered patents disclosed as of latest update
About Sara Dwyer
Sara Dwyer is the Founder and CEO of Parambil. Prior to founding the company in 2023, she was an Engagement Manager at McKinsey & Company (2019–2023), specifically within QuantumBlack, McKinsey's AI arm. Her expertise focuses on the intersection of life sciences, healthcare, and artificial intelligence. She holds a degree in Computer Science from the University of Pennsylvania.
Official website: https://www.parambil.com/