Paraclete Raises $1.5M for Mental Health Platform

Paraclete, a SoulCare™ platform for the workforce, closed a $1.5m pre-seed funding round from Sovereign’s Capital, Tom Blaisdell, formerly a General Partner at DCM Ventures, and Henry Kaestner, Co-Founder and former CEO at Bandwidth, alongside several members of Potomac Angel Capital, including Paul Farrell and Todd Bramblett, the Co-Founders of Nehemiah Security.

“Following the tragedy of 9/11, I joined the Marines to serve my country. It was there I learned how ordinary people can accomplish extraordinary things when they feel valued and accepted for who they really are,” states Vineet Rajan, Co-Founder and CEO of Paraclete. “We hear everyday leaders claim that people are their most valuable asset. If that’s the case, we need to start treating workers as fully human – with thoughts and emotions related to things other than work. While work is an important part of who we are, it’s not all of who we are.”

The tech-enabled SoulCare™ platform connects employees to on-demand, confidential conversations with experienced professionals who – without judgment – help employees to pause, perceive, process, and ponder in the present moment. It links staff with guides — including licensed professional counselors as well as personal coaches — who are trained to speak to them confidentially about their needs.

With this round of funding, Paraclete plans to scale the technology offering and accelerate hiring.

Announcement: Paraclete Raises $1.5M for Mental Health Platform