Pear Therapeutics Overview

  • Year Founded
  • 2013

Year Founded

  • Status
  • Private

  • Employees
  • 218

Employees

  • Latest Deal Type
  • Bankr. Admin/​Reorg

Pear Therapeutics General Information

Description

Pear Therapeutics Inc is a commercial-stage healthcare company pioneering a new class of software-based medicines, sometimes referred to as Prescription Digital Therapeutics (PDTs), which use software to treat diseases directly. The company's vision is to advance healthcare through the widespread use of PDTs and to be the one-stop shop for PDTs offered by Pear and other organizations that may choose to make their products available to patients, providers, and payors via its commercial platform, known as PearConnect. It features four distinct system components, consisting of PDTs for patient use, the PearMD Clinician Dashboard, an end-to-end patient service center, and a data analytics system configured to aggregate patient engagement, adherence, and clinical outcome data.

Contact Information

Ownership Status
Privately Held (backing)
Financing Status
Formerly VC-backed
Corporate Office
  • 200 State Street
  • Boston, MA 02109
  • United States
+1 (646)
Primary Industry
Other Healthcare Technology Systems
Vertical(s)
Corporate Office
  • 200 State Street
  • Boston, MA 02109
  • United States
+1 (646)

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Pear Therapeutics Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
13. Bankruptcy: Admin/Reorg 07-Apr-2023 Completed Bankruptcy: Admin/Reorg
12. PIPE 03-Dec-2021 Completed Generating Revenue
11. Reverse Merger 03-Dec-2021 Completed Generating Revenue
10. Later Stage VC (Series D) 02-Mar-2021 Completed Generating Revenue
9. Grant 30-Sep-2020 Completed Generating Revenue
8. Mezzanine 07-Jul-2020 Completed Generating Revenue
7. Grant 30-Sep-2019 Completed Generating Revenue
6. Later Stage VC (Series C) 04-Jan-2019 Completed Generating Revenue
5. Early Stage VC (Series B) 28-Dec-2017 $50M $75M Completed Generating Revenue
4. Grant 01-Jul-2017 $334K $25M Completed Generating Revenue
To view Pear Therapeutics’s complete valuation and funding history, request access »

Pear Therapeutics Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series C
Series B
Series A 24,002,981 $0.000100 8% $0.92 $0.92 1x $0.92 34.95%
To view Pear Therapeutics’s complete cap table history, request access »

Pear Therapeutics Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Pear Therapeutics Inc is a commercial-stage healthcare company pioneering a new class of software-based medicines, somet
Other Healthcare Technology Systems
Boston, MA
218 As of 2023

New York, NY
 

New York, NY
 
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Pear Therapeutics Competitors (24)

One of Pear Therapeutics’s 24 competitors is DarioHealth, a Formerly VC-backed company based in New York, NY.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
DarioHealth Formerly VC-backed New York, NY
Rightway Venture Capital-Backed New York, NY
Apree Health Private Equity-Backed San Francisco, CA
Health Gorilla Venture Capital-Backed Mountain View, CA
Ascensia Diabetes Care Formerly PE-Backed Basel, Switzerland
You’re viewing 5 of 24 competitors. Get the full list »

Pear Therapeutics Patents

Pear Therapeutics Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
JP-2024139772-A Automatic generation of graphical user interfaces Pending 27-Mar-2023
EP-4439577-A1 Systems and methods for sampling a prescription digital therapeutic Pending 27-Mar-2023
EP-4439578-A1 Systems and methods for the treatment of one or more indications Pending 27-Mar-2023
JP-2024139773-A Controlling access to user interfaces Pending 27-Mar-2023
CA-3179823-A1 Systems, methods, and devices for generating and administering digital therapeutic placebos and shams Pending 02-Jul-2020 G16H10/20
To view Pear Therapeutics’s complete patent history, request access »

Pear Therapeutics Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

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Pear Therapeutics Investments & Acquisitions (3)

Pear Therapeutics’s most recent deal was a Corporate Asset Purchase with Waypoint Health Innovations (Digital Therapeutic Assets). The deal was made on 16-Dec-2021.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Waypoint Health Innovations (Digital Therapeutic Assets) 16-Dec-2021 Corporate Asset Purchase Other Healthcare Technology Systems
Thimble Point Acquisition 03-Dec-2021 Merger/Acquisition Special Purpose Acquisition Company (SPAC)
Firsthand Technology (VR tech for pain treatment) 07-Jan-2020 Corporate Asset Purchase Buildings and Property
To view Pear Therapeutics’s complete investments and acquisitions history, request access »

Pear Therapeutics ESG

Risk Overview

Risk Rating

Updated December, 11, 2023

31.36 | High Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

Management

Management is related to actions taken to manage ESG issues

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

of 15,842

Rank

Percentile

Healthcare

Industry

of 623

Rank

Percentile

Medical Devices

Subindustry

of 214

Rank

Percentile

To view Pear Therapeutics’s complete esg history, request access »

Pear Therapeutics FAQs

  • When was Pear Therapeutics founded?

    Pear Therapeutics was founded in 2013.

  • Where is Pear Therapeutics headquartered?

    Pear Therapeutics is headquartered in Boston, MA.

  • What is the size of Pear Therapeutics?

    Pear Therapeutics has 218 total employees.

  • What industry is Pear Therapeutics in?

    Pear Therapeutics’s primary industry is Other Healthcare Technology Systems.

  • Is Pear Therapeutics a private or public company?

    Pear Therapeutics is a Private company.

  • What is Pear Therapeutics’s current revenue?

    The current revenue for Pear Therapeutics is .

  • How much funding has Pear Therapeutics raised over time?

    Pear Therapeutics has raised $396M.

  • Who are Pear Therapeutics’s competitors?

    DarioHealth, Rightway, Apree Health, Health Gorilla, and Ascensia Diabetes Care are some of the 24 competitors of Pear Therapeutics.

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