Care Solace, a leading coordinator of mental healthcare services, has secured a significant strategic growth investment from philanthropic venture firm Lemnis. This infusion of capital will support Care Solace’s continued efforts to enhance access to mental health care, particularly by connecting individuals with community-based providers and social agencies. The company is widely recognized for its pioneering work in mental health care coordination, primarily serving K-12 schools and municipalities across the United States.
Lemnis, the venture firm backing the investment, is focused on supporting companies that broaden learning and access opportunities. Its name, derived from the word “lemniscate” (the infinity symbol), reflects the firm’s belief in boundless potential for growth and impact.
The investment process was guided by Procopio Capital Markets and Securities attorneys Trent Andrews, Kaitlyn Jensen, and Takeshi Sumida, working closely with Care Solace’s Head of Finance, Stephanie Bergstrom.
Care Solace is committed to bridging the gap in mental health care access through a unique approach that combines human support with technology. The company offers 24/7/365 access to dedicated multilingual Care Companions, who match individuals with the right mental health care professionals based on their specific needs and insurance plans. The service is powered by a network of over 600,000 licensed providers and is currently operational across 937 organizations nationwide.
This investment positions Care Solace to continue its mission of making mental health care more accessible and personalized for individuals across the country.