Pelago Overview

  • Year Founded
  • 2017

Year Founded

  • Status
  • Private

  • Employees
  • 192

Employees

  • Latest Deal Type
  • Series C

  • Latest Deal Amount
  • $58M

  • Investors
  • 33

Pelago General Information

Description

Operator of a behavioral therapy platform intended to empower people to overcome addictions. The company's platform uses cognitive behavioral therapy to directly deal with the psychological part of people's addictions helping them to understand what triggers their addiction and access support which is delivered through animated videos, interactive exercises, and audio sessions, helping users to overcome addictions at their own place using a personalized coach as help.

Contact Information

Formerly Known As
Quit Genius
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 1632 1st Avenue
  • Suite 20163
  • New York, NY 10028
  • United States
+1 (877)
Primary Industry
Clinics/Outpatient Services
Other Industries
Information Services (B2C)
Other Healthcare Technology Systems
Vertical(s)
LOHAS & Wellness, TMT, HealthTech, Mobile
Corporate Office
  • 1632 1st Avenue
  • Suite 20163
  • New York, NY 10028
  • United States
+1 (877)

Pelago Timeline

2021202220232024
Financing RoundCaptured Employee CountEstimated Employee Growth

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Pelago Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
11. Later Stage VC (Series C) 23-Jan-2024 $58M Completed Generating Revenue
10. Secondary Transaction - Private Completed Generating Revenue
9. Debt - General 01-Dec-2022 Completed Generating Revenue
8. Later Stage VC (Series B) 11-Aug-2022 Completed Generating Revenue
7. Secondary Transaction - Private 01-Oct-2021 Completed Generating Revenue
6. Early Stage VC (Series B) 13-Jul-2021 Completed Generating Revenue
5. Early Stage VC (Series A) 18-Mar-2020 Completed Generating Revenue
4. Accelerator/Incubator 19-Mar-2018 Completed Generating Revenue
3. Accelerator/Incubator 20-Dec-2017 $540K Completed Startup
2. Equity Crowdfunding 01-Oct-2017 $540K $540K Completed Startup
To view Pelago’s complete valuation and funding history, request access »

Pelago 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-6
Series A-5
Series A-4
Series A-3
Series A-2 49,073 $0.000010 6% $2.55 $2.55 1x $2.55 0.24%
Series A-1 2,696,630 $0.000010 6% $4.45 $4.45 1x $4.45 12.95%
To view Pelago’s complete cap table history, request access »

Pelago Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Operator of a behavioral therapy platform intended to empower people to overcome addictions. The company's platform uses
Clinics/Outpatient Services
New York, NY
192 As of 2024

Ann Arbor, MI
 

Kirkland, WA
 
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Pelago Competitors (4)

One of Pelago’s 4 competitors is Workit Health, a Venture Capital-Backed company based in Ann Arbor, MI.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Workit Health Venture Capital-Backed Ann Arbor, MI
2Morrow Venture Capital-Backed Kirkland, WA
Affect Therapeutics Venture Capital-Backed McLean, VA
Monument Venture Capital-Backed New York, NY
To view Pelago’s complete competitors history, request access »

Pelago Patents

Pelago Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-5217379-A Personal therapeutic device and method Inactive 14-Aug-1991

Pelago Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Pelago Investors (33)

Investor Name Investor Type Holding Investor Since Participating Rounds
Eight Roads Corporate Venture Capital Minority
GreyMatter Capital Venture Capital Minority
GreyMatter (US) Venture Capital Minority
Ariel Poler Angel (individual) Minority
Elevation Capital (Canada) Venture Capital Minority
You’re viewing 5 of 33 investors. Get the full list »

Pelago FAQs

  • When was Pelago founded?

    Pelago was founded in 2017.

  • Where is Pelago headquartered?

    Pelago is headquartered in New York, NY.

  • What is the size of Pelago?

    Pelago has 192 total employees.

  • What industry is Pelago in?

    Pelago’s primary industry is Clinics/Outpatient Services.

  • Is Pelago a private or public company?

    Pelago is a Private company.

  • What is the current valuation of Pelago?

    The current valuation of Pelago is .

  • What is Pelago’s current revenue?

    The current revenue for Pelago is .

  • How much funding has Pelago raised over time?

    Pelago has raised $150M.

  • Who are Pelago’s investors?

    Eight Roads, GreyMatter Capital, GreyMatter (US), Ariel Poler, and Elevation Capital (Canada) are 5 of 33 investors who have invested in Pelago.

  • Who are Pelago’s competitors?

    Workit Health, 2Morrow, Affect Therapeutics, and Monument are competitors of Pelago.

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