NEW YORK, NY (December 28, 2021)—Parallel Studying (Parallel), the digital well being firm that
offers psychoeducational providers to households, educators and college students coping with studying and
considering variations, as we speak introduced its official launch alongside $2.8M in funding thus far. The funding
was led by Eric Reiner and Dan Povitsky of Vine Ventures, with participation from World Founders
Capital, Nice Oaks and social media influencers Josh Richards, Griffin Johnson and Noah Beck of Gen
Z-focused enterprise capital fund Animal Capital, amongst others. These funds will allow Parallel to
speed up its progress by increasing nationwide, growing entry to particular schooling providers for
college students throughout the nation.
Parallel’s platform offers cross-disciplinary assist providers to diagnose, train and empower college students with studying and considering variations on to households and to highschool districts on a contractual foundation. The corporate employs licensed psychologists, studying specialists, occupational therapists and extra in every state and matches college students with suppliers based mostly on their referral concern and desired providers. With Parallel, evaluations start inside days as an alternative of ready months and value a fraction of the value of conventional evaluations which may be upwards of $5,000. The digital well being firm labored with
outstanding analysis establishments and famend testing publishers together with Riverside to develop its
American Psychological Affiliation (APA)-compliant analysis platform. This proprietary expertise
cuts the analysis time in half, permitting college students to obtain a full report inside simply two weeks. The
complete providers at present provided embody:
● Complete Psychological Assessments
○ Licensed psychologists work by way of a collection of assessments to uncover what impacts
the coed’s means to be taught, assist them enhance their talents and decide the
lodging they want to reach the classroom.
● Instructional Remedy
○ Therapists present intensive interventions to assist college students construct on foundational expertise by
utilizing evidence-based, multi-sensory approaches to show strategies for dealing with
studying and considering variations.
● Govt Operate Teaching
○ Occupational therapists train college students find out how to turn out to be extra environment friendly learners and construct
their confidence and independence by educating organizational and administration expertise
that may assist them in and outdoors of the classroom.
Within the U.S., one in each 5 college students battle with a studying or considering distinction, however accessing
assist providers may be costly, time consuming and restricted. Although many important providers are
accessible by way of the general public faculty system, strict qualification processes drive some households to discover
different personal providers, which may be costly and require lengthy wait instances. Parallel’s mission is to
simplify and streamline the supply of those providers so that every one college students obtain the required
lodging and assist to beat their challenges.
“At Parallel, the emphasis is on personalised care. We offer all the assets that households must
get their little one the assist they want in a single handy platform. We’re companions in childrens’ long-term
journey to overcoming their challenges, not only a cease alongside the best way.” mentioned Diana Heldfond, Founder
and CEO of Parallel Studying. “This additionally empowers our suppliers to concentrate on what they honestly care
about—serving to youngsters.”
“Parallel’s enterprise mannequin and technique stands out because it permits faculties and households to entry
personalised providers rapidly, seamlessly and at an inexpensive price,” mentioned Eric Reiner, Founder and
Managing Associate of Vine Ventures. “As we assist Parallel’s progress to increase nationally, we’re
assured that the crew will change the lives of thousands and thousands of scholars by serving to them turn out to be extra
succesful, assured and impartial.”
“Parallel’s digital platform permits suppliers to achieve underserved populations, whereas strengthening
providers for overpopulated areas,” mentioned A. Jordan Wright, PhD, ABAP, Parallel Advisory Board
Member and board licensed evaluation psychologist. “Parallel’s tech-enabled method to delivering
care ensures accessibility to performance-based cognitive and educational testing and different assist
College students registered with Parallel have reported making important progress that features grade
enchancment, optimistic adjustments in habits, elevated pleasure to be taught and extra. Parallel strives to
make a distinction within the lives of scholars nationwide by fixing one of the crucial urgent points at present dealing with the American faculty system, whereas additional creating its providers and increasing to all 50 states.
For extra data, faculty districts and households can go to www.parallellearning.com.
For a breakdown of Parallel’s present services, please click on right here.
For steadily requested questions, please click on right here.
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ABOUT PARALLEL LEARNING
Parallel is an all-in-one digital platform for folks and kids with studying variations to diagnose, discover certified care suppliers, obtain inexpensive therapy and uncover every little thing they should find out about studying disabilities. Parallel schedules households with an expert inside days, prices a fraction of the value of conventional suppliers and cuts the common case time for an analysis in half. All of Parallel’s
clinicians and suppliers are licensed, credentialed and undergo a radical vetting course of. The
firm’s mission is to advocate for these one in 5 college students who battle with a studying or considering
distinction and supply assist. For extra data, go to www.parallellearning.com
ABOUT VINE VENTURES
Vine Ventures was based in June 2020 by Eric Reiner and Dan Povitsky, and has since raised $100M
throughout its seed fund, Vine I, and LP co-investments. Vine led and took part in funding rounds for 17
corporations within the final 16 months. Eric and Dan carry their expertise of progress fairness from Perception and
TA to seed and collection A rounds. Each of their late 20s, they symbolize a brand new era of enterprise
capitalists who share the values, mindset and worldview of their founders