USA – Parallel, a New York-based provider of a teletherapy platform for kids with special needs, raised $6.125m in funding.
The round, a supplement to their Series A funding, was led by Rethink Impact with participation from insiders. The company intends to use the funding to boost their expansion into new territories and product investments. Led by Founder & CEO Diana Heldfond, Parallel is a K-12 teletherapy platform that provides tools to test, diagnose, and empower K-12 students with learning and thinking differences. It integrates technology and clinical expertise, streamlining psychological evaluations and support services, including speech-language pathology, specialized instruction, behavioral and mental health counseling, and executive function coaching for K-12 school partners. Parallel’s proprietary software aims to drive significant efficiencies for providers, reducing assessment administration time and service preparation, and incorporates clinical features that enhance the quality of sessions and achievement of meaningful outcomes across service lines.The company also announced the following additions to its team: 11/01/2024
