Expanding Access to Special Education: Valspring Capital Invests in Parallel Learning’s $20 Million Series B

Across the country, school systems are grappling with an urgent and growing challenge: a shortage of qualified special education providers, including speech-language pathologists, behavioral health clinicians, social workers, and special education teachers. These providers and teachers can change a child’s trajectory, yet districts are struggling to fill these roles. The result is overextended staff and increasing compliance pressures on schools.

At Valspring, we believe technology can play a transformative role in solving this capacity crisis, but only when paired with deep empathy for the educators, clinicians, and families it serves. That’s why we’re thrilled to announce our $20 million Series B investment in Parallel Learning, a company redefining how special education services are delivered, documented, and measured.

A Broader, Better-Supported Provider Network

Parallel has built a best-in-class network of licensed providers who deliver virtual services across speech, behavioral health, and special education disciplines. Through cross-state licensure and a thorough interview and training process, Parallel expands schools’ access to exceptional clinicians – enabling districts to fill critical roles that might otherwise remain vacant for months.

What truly sets Parallel apart is its commitment to acting as a strategic partner to schools. Rather than simply filling seats, the team works closely with districts to ensure each student is matched with the right clinician, using a combination of feedback and technology to continuously improve fit and engagement. Providers also support parents and special education administrators in the development of IEP goals and scope, building trust and shared accountability from day one.

A Purpose-Built Platform for Educators and Clinicians

Behind the scenes, Parallel’s technology platform unifies every piece of the special-education workflow into a single, intuitive environment. Providers can conduct virtual sessions, complete documentation, and track IEP milestones all within the same system.

By embedding compliance and progress tracking directly into daily workflows, the platform dramatically reduces the time clinicians spend on paperwork while improving transparency for schools and families alike.

Meaningful Outcomes That Matter

The results speak for themselves: 98% of students supported by Parallel meet or exceed their IEP goals. That success is a reflection of the company’s thoughtful provider training, the efficiency of its technology, and its unwavering focus on student progress.

Why We Invested

Our investment in Parallel Learning reflects Valspring’s broader thesis around modernizing essential service delivery in healthcare through technology and talent infrastructure. We believe the future of care depends on expanding supply, improving quality, and enabling professionals to do their best work.

Parallel exemplifies that vision: a model that not only scales capacity but enhances quality and compliance at the same time. We’re proud to partner with CEO Diana Heldfond and the Parallel team as they continue to expand access to life-changing services for students and families nationwide.

Learn more about Parallel Learning at the here: www.parallellearning.com