Pace operates a moderated peer-group emotional health platform where people join Pace Groups of seven strangers matched by common life experiences and led weekly by professional facilitators. Groups meet once a week for 90-minute video sessions inside the app; facilitators follow custom session formats, share takeaways in-app, and are accepted through a rigorous evaluation process. Members complete a matching interview and written surveys to improve group placement, and can view session takeaways and anonymous member profiles from across the platform’s hundreds of groups. The app also provides in-between-meeting chat for group members and a feature that lets members peek into other groups’ takeaways. The company intends to use the new funding to further build and enhance the platform and accelerate user growth. Financially, Pace closed a $13M Series A and earlier raised a $5M seed, bringing disclosed capital to $18M. Pace runs 90-minute weekly live video group sessions for people seeking ongoing mental and emotional support, forming cohorts of eight to ten around shared interests or identities. The platform integrates with Twilio and Agora and is available on Web, iOS, and Android; new users are interviewed for 15–30 minutes to determine fit. Facilitators are licensed mental health clinicians (mostly part-time or freelancers), and the company named Dr. Kerry Makin-Byrd and Dr. Vivian Oberling as founding psychologists. Pace launched out of private beta and has raised $1.9 million in seed funding. It charges $45 per week for groups and plans to introduce asynchronous ways for members to chat and additional product features intended to feel beyond a Zoom call. The company positions itself as supplementary to formal therapy rather than a therapy replacement.

Total raised

$15M

Funding rounds

2

Latest round

Series A

Latest activity

Dec 2021