Pelago

Pelago

Private
New York City, New YorkHealthcare & Life Scienceshttps://www.pelagohealth.com

Last Round

Series C

Mar 28, 2024

Total Funding Raised

$135.6M

Company Overview

Pelago is a healthcare technology company that offers a behavioral therapy platform designed to help individuals overcome addictions through cognitive behavioral therapy, personalized coaching, and engaging multimedia resources.

Sector

Healthcare & Life Sciences

Verticals

Telemedicine, Mental Health, Vertical SaaS, Patient Engagement

Business Model

B2B

Customer Profile

Revenue Share, Usage-Based SaaS

AI Layer

Application

Keywords

substance use managementvirtual clinicaddiction treatmentdigital therapeuticsvalue-based careemployer health benefitsMedication-Assisted TreatmentMATCognitive Behavioral TherapyCBTsubstance use disorder treatmentSUD treatmentbehavioral healthaddiction caretobacco cessationalcohol use managementopioid use managementadolescent carefees-at-risk modelQuit Genius

Historical Pricing

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Caplight Momentum Score

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Pelago Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Pelago Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Series CMar 28, 2024
Series BJul 19, 2021
Series AMar 19, 2020
SeedMar 1, 2018

Key People

Founding team and executive leadership

Yusuf Sherwani

Co-Founder CEO

Founding Team

Patrick Leonard

Chief Financial Officer

Executive Team

Pelago Investors

Notable investors and investment history

InvestorRounds
Force Over MassSeed
Global VillageSeed
Eight Roads VenturesSeries C
Triple Point VenturesSeries A, Series B
Pioneer FundSeed
Y CombinatorSeed, Series A, Series C
StartUp HealthSeries A, Series B

Market signals

Structured signals derived from secondary market and firmographic data.

  • Mar 3, 2026

    Job posting discloses that Pelago serves hundreds of employers and health plans.

  • Mar 3, 2026

    Helped over 750,000 members manage substance use.

Pelago Filings

SEC and related filings with document metadata.

TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Pelago Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Pelago's valuation, stock price, and market status.

Firmographic Details

HeadquartersNew York City, New York
Employee Range173
Year Founded2014
Last FundingMar 28, 2024

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