Toronto — November 26, 2021 — PaceZero Capital announced today that it has provided Feel Therapeutics, an industry leading provider of mental health focused digital biomarkers and therapeutics, with a $2 million credit facility. The company will use the funds to advance key partnerships within the pharmaceutical industry and invest in the continued research and development of precision mental health digital biomarkers and therapeutics.
“We’re delighted to be partnering with PaceZero” said George Eleftheriou CEO and Co-Founder. “The financing increases our financial strength and provides the company with significant strategic and operational flexibility to execute on the growth opportunities in front of us.”
“Feel is pioneering a step change in the diagnosis and treatment of mental health conditions” said PaceZero’s Founder and CEO Jordan Peckham. “Increasingly, personalized data is being used to inform healthy lifestyles. Feel’s clinically validated ability to generate objective mental health data is unique in the market, we see tremendous growth opportunities for the company ahead”.
Felicis Ventures , Anthemis Group and SOSV are among Feel Therapeutics existing investors.
About PaceZero Capital
Based in Toronto, Canada, PaceZero Capital Partners is a sustainability focused private credit firm. The company partners with emerging and established companies providing limited dilution capital to firms developing innovative technologies that drive improved social and environmental outcomes. Learn more at www.PaceZero.com.
About Feel Therapeutics
Feel Therapeutics is a San Francisco based company, which develops biomarkers and digital therapeutics to change the way we diagnose, manage, and care for mental health.
The company’s premier offering, Feel Program, combines its proprietary Feel Emotion Sensor, a wristband that continuously detects and monitors a user's emotional state, with personalized coaching to help people improve their mental wellbeing and develop long-lasting positive emotional habits. Feel is involved in many active research projects in collaboration with top-tier universities globally. Find out more about Feel at www.myfeel.co or contact us at <email@example.com>.