Pace

Online platform for authentic video conversations

California City, California, United States

About Pace

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 and participate in live sessions, fostering connections with others seeking support or shared experiences. 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 authenticity and meaningful discussions, attracting users who value real connections. The company's goal is to provide a space for mature and responsible conversations, enhancing the online communication experience.

California City, CaliforniaHeadquarters
2020Year Founded
$17.5MTotal Funding
SEEDCompany Stage
Data & Analytics, Consumer SoftwareIndustries
11-50Employees

Risks

Competition from established apps like Calm and Headspace is intensifying.
Privacy concerns over data collection could lead to regulatory issues.
Economic downturns may reduce users' willingness to pay for subscriptions.

Differentiation

Pace focuses on authentic, meaningful online interactions through moderated group video sessions.
The platform targets users over 18, ensuring mature and responsible interactions.
Pace collaborates with skilled mental health professionals for group facilitation.

Upsides

Rising demand for mental health apps boosts Pace's market potential.
Subscription economy growth supports Pace's revenue model.
Digital detox trend increases demand for authentic online interactions.

Funding

Total raised$17.51 M
Latest valuation$65.00 M
StageSEED
SERIES A
11/30/2021
$13
$65.00 M
SEED
11/30/2021
$5
$25.00 M