AXIOS February 24, 2022
Paraclete, maker of an employer-facing virtual mental wellness offering, raised $1.5 million in pre-seed funding from Sovereign’s Capital and several individual investors, the company’s founder, Vineet Rajan, tells Axios exclusively.
Why it matters: Behavioral health is a sizzling sub-sector of the digital health market, and Paraclete targets people with mental health needs other than depression, ADHD or anxiety, the conditions most commonly addressed.
- The service is for people experiencing everyday life stresses and tumultuous life events, such as the death of a loved one or a divorce, Rajan tells Erin.
- “This is for all those people in the middle — people who aren’t necessarily experiencing major depressive disorder or an anxiety disorder but who just need support navigating life...
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