Forum, a NYC-based marketplace for peer support groups, raised $5.3M in Seed funding.
The round was led by NextView Ventures with participation from MBX Capital, Cue Ball Capital, Sahil Bloom of SRB Ventures, Romeen Sheth, Shaan Puri and City Light Capital.
The company intends to use the funds to expand operations and its business reach.
Co-founded by Rajiv Kumar, MD, and President Lee Pichette, Forum is a marketplace that connects people with peer support groups to help them navigate life’s challenges. Founded in 2022, the marketplace has grown rapidly with groups that cover topics like grief, loneliness, chronic conditions, substance use recovery, caregiving, relationships, and career.
Each of Forum’s support groups is led by an experienced facilitator. The company’s platform equips facilitators with the tools they need to create, grow and manage their groups. As a result, more facilitators can pursue their passion for helping people and create a new income stream without the administrative burden that typically prevents them from launching their own peer support groups.
Facilitators interested in becoming a Forum partner go through a vetting process, where they are evaluated on their education, skills, and experience. All facilitators complete a formal onboarding and training program, and they receive longitudinal feedback and professional development opportunities.