As per reports, approximately 1 in 5 people in the US struggles with learning or thinking differences. Care, evaluations, and diagnosis for those with differences are time-consuming, expensive, inconvenient, and confusing. These barriers prevent those with learning and thinking differences from receiving the care they need.
At a time when we are done and tired of edtech companies in India rather adding to the crisis, New York, United States-based startup Parallel Learning simplifies and streamlines learning difference care for families, providers, educators, and students by aggregating providers and resources in a single, easy-to-access platform.
Edtech startup Parallel Learning connects students with qualified clinicians and professionals while significantly reducing waiting times, costs, inconveniences, and confusion. Here, it might confuse you if Parallel Learning is an edtech or a telehealth company. Fair to say that this startup works at the intersection of edtech, digital health, and telehealth. Given that human actions are based on knowledge, this is an atypical edtech.
Children with learning difficulties and their families can receive a diagnosis, treatment, and support at Parallel Learning. The internet platform provides families and school systems with various developmental services to treat learning and cognitive impairments such as dyslexia, dysgraphia, ADHD, depression, and anxiety.
When speaking with families, the experience of not knowing what to do after receiving an initial diagnosis and locating care providers who can address their concerns is one of the most distressing issues. Due to the fragmented nature of the children’s mental-health ecosystem, children are shifted between providers and receive vastly varied care depending on which experts—such as psychiatrists, therapists, doctors, and teachers—are involved.
On the other hand, Parallel Learning appoints a care coordinator to each family on its platform who streamlines diagnosis, arranges care with health providers, and keeps classroom and special education teachers informed. Parallel provides psychological assessments, tutoring, behavioral therapy, and speech-language therapy. The firm has clinically licensed practitioners in five states and plans to add 12 more over the next six months to be national by early to mid-next year.
Founded in 2020, Parallel Learning got funded by Tiger Global for $20 M Series A. Earlier, the startup had raised a Pre-Seed round from six investors led by Vine Ventures for an undisclosed amount. It then raised its seed round from eight investors for $2.8M led by Daniel Povitsky and Eric Reiner. Global Founders Capital, Great Oaks Capital, Animal Capital, Obvious Ventures, and Jaws are some significant funding houses participating in the rounds.
Other edtech and healthtech firms, such as Bookbot, Spokle, and Learnfully, assist children with learning difficulties in becoming better readers, offer speech therapy, and connect families with caregivers. ♦
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