Pace

Pace

Online platform for authentic video conversations

About

Pace Group creates online talk groups that allow individuals to have honest and meaningful conversations through live video. The platform is designed for users over 18, promoting genuine interactions in a digital environment that often lacks depth. Users can join various talk groups, participate in live sessions, and connect with others seeking authentic discussions. Pace Group operates on a subscription-based model, where users pay a recurring fee for access to its features, and it may also generate revenue through targeted advertising based on user interactions. What sets Pace Group apart from competitors is its focus on fostering real connections and providing a space free from the superficiality often found in social media. The company's goal is to cultivate a community where individuals can engage in sincere conversations and share experiences.

Company Stage

Series A

Employees

11-50

Industries

Data & Analytics, Consumer Software

Total Funding

$17.5M

Headquarters

California City, California

Founded

2020


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Simplify's Take

What believers are saying

  • Rising demand for mental wellness apps boosts Pace's market potential.
  • Subscription models are growing, supporting Pace's revenue strategy.
  • Digital detox trends align with Pace's focus on meaningful connections.

What critics are saying

  • Competition from apps like Calm and Headspace with social features is increasing.
  • Privacy concerns may arise due to data collection practices.
  • User backlash over targeted advertising in a mental health context is possible.

What makes Pace unique

  • Pace focuses on authentic, meaningful online interactions, unlike traditional social media.
  • The platform collaborates with mental health professionals for moderated group sessions.
  • Pace targets a mature audience, ensuring responsible and genuine user engagement.

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Growth & Insights
Headcount

6 month growth

-34%

1 year growth

-53%

2 year growth

-59%

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