Care Solace Receives Strategic Growth Investment from Lemnis to Expand Mental Health Solutions

CARDIFF, Calif., March 4, 2025 /PRNewswire/ -- Care Solace, the leading provider of mental health care coordination services for K-12 schools and municipalities, announced today a significant strategic growth investment from Lemnis, a philanthropic venture investing in solutions that expand learning for all.

Since its 2018 commercial launch, more than 21M individuals have had access to Care Solace technology and services. 50% of all individuals served by Care Solace use public insurance, or have no insurance, and often live in underserved communities where they are faced with systemic obstacles to access and care. Care Solace has delivered more than 18M support services connecting individuals to mental health care providers and community social services. Across the country, 937 school districts and communities have launched Care Solace to coordinate care, amplify existing resources, and navigate challenging provider and insurance networks for all acuities of care. In addition to care coordination, Care Solace also serves a vital role in assisting its partners with school-based referrals, collaboration, billing, and reimbursement processing. The Care Solace EHR technology platform simplifies and facilitates billing submissions while it supports revenue cycle management and expedited claims reimbursements.

By combining Care Solace's experience and services with Lemnis' commitment to the future of the unlimited learner, Care Solace is positioned to deliver an expanded suite of services that continue to yield sustainable social impact.

"Care Solace is grateful and excited by this new partnership with Lemnis. Together we can transform communities, streamline access to care, refine provider networks, and build resilience in school districts and municipalities," shared Chad Castruita, CEO of Care Solace. "This is a perfect time to lean into market gaps, and this strategic investment will fuel that effort significantly. We couldn't ask for a better partner to build this next chapter of Care Solace."

"Addressing fundamental human needs, such as providing mental health supports, is essential for creating effective learner-centered environments. By investing in quality solutions, like the services and supports provided by Care Solace, we can significantly enhance the sense of community and the overall success of our learners," said Melissa Johnston, CEO of Lemnis. "This partnership will ensure that every learner receives the necessary support at the right time, fostering a strong sense of belonging within their communities. When we prioritize the needs of learners, we observe higher engagement, increased motivation, and improved physical and emotional well-being."

DC Advisory served as exclusive financial advisor to Care Solace. Procopio, Cory, Hargreaves & Savitch LLP served as legal counsel for Care Solace, and Davis Wright Tremaine LLP served as legal counsel for Lemnis.

About Care Solace

Care Solace is revolutionizing mental health care access, bridging the gap to social agencies and community-based mental health providers. Through a human-centered and technology supported approach, Care Solace navigates the fragmented mental health care system to match individuals with care. Dedicated multilingual Care Companions are available 24/7/365 to ensure the perfect fit for each person's unique care needs and insurance requirements. The organization has a network of 600K+ licensed providers, serving 937 organizations across the United States.

For more information, visit www.caresolace.org.

For press inquiries, contact press@caresolace.org.

About Lemnis

Lemnis is a philanthropic venture investing in solutions that expand learning for all. At Lemnis, they champion a bold vision: to empower learners in an era of constant change, where the boundaries of possibility are limitless. Their name, inspired by the lemniscate, (∞), embodies this notion of boundless potential. Just as the lemniscate symbolizes infinity, they believe in limitless possibilities and are relentless in its optimism for future learners, workers, and citizens. Lemnis works alongside changemakers in neuroscience, social science, digital technology, and artificial intelligence. Through partnership, they create new environments where every learner feels a deep sense of belonging and community.

For more information, visit www.lemnis.org.

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SOURCE Care Solace