Substance use care that works. We offer personalized substance use care for members.
Location: United States, New York
Employees: 51-200
Total raised: $122M
Founded date: 2017
Investors 6
| Date | Name | Website |
| - | Village Gl... | villageglo... |
| - | Y Combinat... | ycombinato... |
| 20.06.2023 | Kinnevik | kinnevik.c... |
| 16.05.2024 | GreyMatter | greymatter... |
| 27.10.2023 | EQT Ventur... | eqtventure... |
| 24.04.2024 | Eight Road... | eightroads... |
Funding Rounds 2
| Date | Series | Amount | Investors |
| 29.03.2024 | Series C | $58M | - |
| 18.07.2021 | Series B | $64M | - |
Mentions in press and media 12
| Date | Title | Description |
| 12.03.2026 | Independent Research by Aon Shows Pelago Saves $11,829 in Annual Medical Costs Per Member | Findings validate Pelago’s peer‑reviewed research and prove greater impact among high‑cost members and those with comorbidities. This analysis confirms what we’ve seen consistently at Pelago. Evidence-based substance use care helps people l... |
| 10.10.2024 | RadiantGraph Raises $11 Million Series A to Expand AI-Driven Personalized Engagement for Health Plans | RadiantGraph empowers payors and health service organizations with AI platforms that deliver high-quality, tailored campaigns that impact member engagement and activation The company has seen more than 1,400% growth in one year since its la... |
| 09.08.2024 | Report: Urgent Need for Employer-Supported Substance Use Programs | What You Should Know: – Pelago, a digital clinic partner for substance use management, released its 2024 Annual State of Substance Use Management Trend Report. – The report underscores the critical role employers play in addressing the wide... |
| 29.05.2024 | Virtual Care Drives Rise In Addiction Treatment Startup Funding | 9 Shares Email Facebook Twitter LinkedIn When Hollywood takes on addiction recovery, the script typically conjures up dingy rooms where the down-on-their-luck gather to share their struggles and fears. The prevailing venture-funded model, i... |
| 04.04.2024 | Pelago: Revolutionizing Substance Use Management | Pelago, a digital clinic partner for U.S. businesses and health plans, secures $58 million in Series C funding to expand its innovative substance use management program. Led by CEO Yusuf Sherwani, Pelago offers personalized support for toba... |
| 29.03.2024 | Pelago: Substance Use Virtual Clinic Company Raises $58 Million | Pelago – a leading digital clinic partner to U.S. businesses and health plans for substance use management – announced $58 million in new funding on the strength of customer growth and validated ROI. This funding round brought the company’s... |
| 29.03.2024 | Pelago Secures $58M to Expand Substance Use Management as an Employee Benefit | What You Should Know: Pelago the leading digital clinic partner to U.S. businesses and health plans for substance use management, today announced $58 million in new funding on the strength of customer growth and validated ROI Existing inves... |
| 28.03.2024 | Substance use management platform Pelago raises $58M | The company works with employers to offer substance abuse management as a benefit The pandemic did a number on the mental health of a broad swath of the population, causing a spike in drug overdoses and addiction, including opioids and ciga... |
| 28.03.2024 | YC-backed Pelago, a virtual clinic for addiction treatment, raises $58M Series C | Pelago, Y Combinator-backed telehealth company that uses cognitive behavioral therapy (CBT) to help treat people with tobacco, alcohol and opioid addictions, said Thursday it had raised a $58 million Series C round. The recent funding, whic... |
| 28.03.2024 | Pelago Raises $58M in Series C Funding | Pelago, a NYC-based digital clinic partner to U.S. businesses and health plans for substance use management, raised $58M in Series C funding. The round, which brought the total amount to $151M, was led by Atomico, with participation from al... |
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