Pelago Overview
- Year Founded
-
2017
- Status
-
Private
- Employees
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192
- Latest Deal Type
-
Series C
- Latest Deal Amount
-
$58M
- Investors
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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
Website
www.pelagohealth.comCorporate Office
- 1632 1st Avenue
- Suite 20163
- New York, NY 10028
- United States
Corporate Office
- 1632 1st Avenue
- Suite 20163
- New York, NY 10028
- United States
Pelago Timeline
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 |
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% |
Pelago Comparisons
Industry
Financing
Details
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 |
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
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 |
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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