Parallel’s $6.125M Funding Fuels Teletherapy Evolution

In a significant stride toward reshaping the landscape of teletherapy for children with special needs, Parallel, a thriving New York-based platform, has clinched an impressive $6.125 million in supplemental funding.

This funding, an augmentation to their Series A round, has been orchestrated by the forward-thinking minds at Rethink Impact, accompanied by enthusiastic participation from existing stakeholders.

At the helm of this innovative venture is Diana Heldfond, the Founder & CEO of Parallel.

Fueled by a mission to revolutionize K-12 teletherapy, Parallel doesn’t just offer a platform; it unfolds a transformative journey for children with learning and thinking differences.

Beyond the routine realms of teletherapy, Parallel amalgamates cutting-edge technology with clinical expertise, presenting a seamless integration of tools for testing, diagnosing, and empowering students.

The infusion of capital comes at a pivotal moment for Parallel, propelling them toward ambitious plans for expansion into uncharted territories.

The funding will also catalyze strategic product investments, propelling Parallel to greater heights in its quest to provide top-notch teletherapy solutions for children with diverse needs.

Parallel’s K-12 teletherapy platform is more than just a service; it’s a holistic approach that simplifies psychological evaluations and support services.

From speech-language pathology to specialized instruction, and from behavioral and mental health counseling to executive function coaching, Parallel’s proprietary software is designed to revolutionize the way services are delivered to K-12 school partners.

Diana Heldfond envisions a future where Parallel not only reduces the administrative burden on providers but also enhances the overall quality of therapy sessions.

The aim is to achieve meaningful outcomes across various service lines, making a tangible difference in the lives of the children they serve.

The Parallel Funding marks a significant milestone in the evolution of teletherapy, signaling a shift toward more efficient and impactful solutions.

As Parallel sets its sights on new horizons, backed by the vote of confidence from Rethink Impact and its dedicated stakeholders, the journey towards redefining teletherapy for children with special needs gains momentum.

In conclusion, Parallel Funding isn’t just a financial injection; it’s a resounding endorsement of a transformative vision.

As Parallel charts its course into unexplored territories, the echo of this funding round will undoubtedly resonate across the landscape of teletherapy, leaving an indelible mark on the future of education and support for children with special needs.

ALSO READ: DigitalOwl Hits $12M Jackpot in Latest Funding Endeavor

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