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
C-
Rated C on Competitive Edge
Rated C on Growth Potential
Rated D+ on Differentiation

Industries

Data & Analytics

Consumer Software

Social Impact

Company Size

11-50

Company Stage

Seed

Total Funding

$18M

Headquarters

California City, California

Founded

2020

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Simplify's Take

What believers are saying

  • January 2026 funding from Bryan Schreier extends runway and validates investor interest.
  • Founders and parents groups create repeat weekly usage, strengthening retention and subscription economics.
  • Mental fitness demand stays strong as loneliness rises, supporting paid social-wellness products.

What critics are saying

  • Pace’s 2024 shutdown report signals product-market fit failure and existential platform risk.
  • Mental-health trust failures trigger fast churn, especially if sessions feel shallow or unsafe.
  • Competing therapy-adjacent communities like BetterHelp and Calmify can outspend Pace on acquisition.

What makes Pace unique

  • Pace’s weekly small-group video format targets emotional connection, not feed-based social networking.
  • Licensed psychologists and facilitators embed structured support into peer conversations, not generic chat.
  • Founders from Pinterest and Affirm bring consumer-product instincts to a vulnerable category.

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Funding

Total Funding

$18M

Meets

Industry Average

Funded Over

2 Rounds

Notable Investors:
Seed funding is usually the first official round after pre-seed, when a startup has a prototype or concept. It’s typically used to develop the product, test the market, and start building the team. Investors here are often angel investors or early-stage venture capitalists.
Seed Funding Comparison
Above Average

Industry standards

$3.3M
$2M
Netflix
$2.3M
Instacart
$3M
Robinhood
$5M
Pace

Growth & Insights and Company News

Headcount

6 month growth

↓ -4%

1 year growth

↑ 0%

2 year growth

↓ -8%
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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