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Pelago

Pelago

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

Last Round

Series C

Mar 28, 2024

Total Funding Raised

$135.6M

Momentum

Top 25%

of companies Caplight tracks

Company Overview

Pelago is a healthcare technology company that offers a virtual clinic platform providing personalized, digital-first substance use management and treatment services.

Sector

Healthcare & Life Sciences

Verticals

Mental Health, Telemedicine, Patient Engagement, NLP & Conversational AI, Healthcare Analytics

Business Model

B2B2C

Customer Profile

Subscription SaaS, Revenue Share

AI Layer

Application

Keywords

substance use managementvirtual clinicaddiction treatmentbehavioral healthdigital healthtelehealthsubstance use disorderSUDemployee benefitsvalue-based carebehavioral health botcare coordinationdigital therapeuticsPMPMhealth tech

Historical Pricing

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Pelago Comparables

Compare Pelago with similar companies based on industry and business-model similarity.

Pelago comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Workit Health
85%
Lyra Health
80%
PursueCare
79%

Pelago Funding Rounds

Historical fundraising activity

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

Key People

Founding team and executive leadership

Maroof Ahmed

COO and Co-founder

Founding Team

Yusuf Sherwani

Co-Founder CEO

Founding Team

Pelago Investors

Notable investors and investment history

Pelago investors
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.

  • May 19, 2026

    Added U.S. Venture, Inc. in Energy & Transportation

  • May 19, 2026

    Added Southern Company as a customer.

Pelago Filings

SEC and related filings with document metadata.

Data table
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 Range181
Year Founded2017
Last FundingMar 28, 2024

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