Pace

Pace

Online talk groups with live video

Overview

Pace creates online talk groups with live video for adults seeking authentic, meaningful conversations. Members join talk groups through a subscription, gaining access to live video sessions and a mature, community-driven space, with advertising generating additional revenue from data-driven targeting. What sets Pace apart is its focus on genuine, candid conversations in an 18+ environment rather than broad, impersonal social feeds. The goal is to provide a space for real conversations online while building a sustainable business from subscriptions and targeted advertising.

About Pace

Simplify's Rating
Why Pace is rated
D-
Rated D- on Competitive Edge
Rated D- on Growth Potential
Rated D- on Differentiation

Industries

Data & Analytics

Consumer Software

Social Impact

Company Size

11-50

Company Stage

Series A

Total Funding

$18M

Headquarters

California City, California

Founded

2020

Simplify Jobs

Simplify's Take

What believers are saying

  • B2B2C expansion through corporate wellness integrations with Slack, Notion.
  • Group-based interventions clinically validated to improve treatment adherence 30-40%.
  • EAP partnerships create recurring B2B revenue streams and clinical positioning.

What critics are saying

  • Pace permanently shut down May 31, 2024; company no longer operates.
  • Talkspace's $1.4B merger provides superior scale, insurance integration, teletherapy access.
  • Coa undercuts pricing at $25 drop-in versus Pace's $89 monthly subscription.

What makes Pace unique

  • Licensed mental health professionals moderate groups, not algorithms alone.
  • Custom-matching algorithm reduces dropout rates versus unmoderated peer communities.
  • Weekly 90-minute facilitated sessions create deeper peer bonds than drop-in classes.

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Funding

Total Funding

$18M

Meets

Industry Average

Funded Over

2 Rounds

Notable Investors:
Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Below Average

Industry standards

$15M
$8.2M
Discord
$13M
Pace
$15M
Canva
$30M
Kalshi

Growth & Insights and Company News

Headcount

6 month growth

4%

1 year growth

4%

2 year growth

-11%
FinSMEs
Dec 16th, 2021
Pace Raises $18M in Series A Funding

Pace, a San Francisco, CA-based modern support network that helps people connect with custom-matched strangers in groups moderated by world-class facilitators, closed a $13m Series A funding round

The Business Journals
Dec 15th, 2021
Pace receives financing of $18M in Series A

But support networks are critical for getting through difficult circumstances, and Pace Groups, a San Francisco startup that provides virtual peer-to-peer support groups as an alternative to therapy, has raised $18 million, including a $13 million Series A led by Pace Capital, Sequoia and BoxGroup.

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