Founded in 2021, Parallel Learning delivers psychoeducational assessments, speech-language pathology, behavioral and mental-health counseling, and specialized instruction entirely online via its Pathway platform. The system combines secure teletherapy, licensed clinicians, AI-driven personalization, and data-rich progress tracking to support understaffed school districts. During the 2024–2025 academic year, 98 % of the more than 10,000 students it serves met or exceeded their IEP goals, with particularly strong outcomes in behavioral health (94.3 % exceeding expectations). The company currently operates in 25 states, and many of its users come from communities with high Social Vulnerability Index scores. Student satisfaction is high, with Routine Outcome Monitoring scores averaging 8.9/10 for provider experience and 8.6/10 for overall well-being. Parallel plans to use new capital to scale nationwide, deepen AI integration, and broaden access across all 50 states. The firm has previously attracted investors such as Tiger Global, Vine Ventures, Obvious Ventures, and Rethink Impact.

Total raised

$49M

Funding rounds

4

Latest round

Series B

Latest activity

Dec 2025