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Pelago
YC W18New York City, US · Founded 2017 · Delaware corporation · 180 employees · Hiring · 23 known investors
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Pelago is a virtual clinic that partners with employers and health plans to provide substance use disorder treatment and management services. The platform offers individual and discreet treatment for individuals struggling with substance misuse, from unhealthy habits to clinical substance use disorders.
Also known as Digital Therapeutics, Inc. · Quit Genius
Founders & leadership· Y Combinator alumni (W18)
Pelago was founded in 2017 by Yusuf Sherwani, Sarim Siddiqui, and Maroof Ahmed.
Investors · 23
How we know: AAF Management Ltd.'s portfolio page · Y Combinator's founder network · Not right? Tell us
How we know: a partner's Signal profile · board seat on SEC Form D · atomico.com · Y Combinator's founder network · Not right? Tell us
How we know: GreyMatter's portfolio page · the VCSheet dataset · Not right? Tell us
How we know: Kinnevik's portfolio page · Y Combinator's founder network · Not right? Tell us
How we know: Kreos Capital's portfolio page · Not right? Tell us
How we know: Manta Ray Ventures's portfolio page · Not right? Tell us
How we know: Octopus Ventures's portfolio page · a partner's Signal profile · Y Combinator's founder network · Not right? Tell us
How we know: Pioneer's portfolio page · Y Combinator's founder network · pioneerfund.vc · Not right? Tell us
How we know: SemperVirens Venture Capital's portfolio page · Y Combinator's founder network · Not right? Tell us
How we know: Village Global's portfolio page · the VCSheet dataset · Y Combinator's founder network · Not right? Tell us
How we know: the Y Combinator directory · Not right? Tell us
How we know: Y Combinator's founder network · Not right? Tell us
How we know: Y Combinator's founder network · Not right? Tell us
How we know: Y Combinator's founder network · Not right? Tell us
How we know: Y Combinator's founder network · Not right? Tell us
How we know: Y Combinator's founder network · Not right? Tell us
How we know: Y Combinator's founder network · Not right? Tell us
How we know: Y Combinator's founder network · Not right? Tell us
How we know: Y Combinator's founder network · Not right? Tell us
How we know: Y Combinator's founder network · Not right? Tell us
How we know: Y Combinator's founder network · Not right? Tell us
How we know: Y Combinator's founder network · Not right? Tell us
Funding
SEC filings, press & company announcements$181.6M disclosed across 5 of 6 rounds · 2020–2024
- $58MSeries CMar 2024 · 2 sourcesSource ↗
▶$50.5MraisedApr 2024 · 10 investors · Other TechnologyRule 506(b)
- Yusuf SherwaniExecutive Officer, Director
- Gabriel MecklenburgDirector
- Will GibbsDirector
- Maria MarasDirector
- Sarim SiddiquiExecutive Officer, Director
- Ben BlumeDirector
- Maroof AhmedExecutive Officer, Director
- Offering amount
- $50.5M
- Amount sold
- $50.5M
- First sale
- Dec 2023
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$11.5MraisedAug 2022 · 2 investors · Other TechnologyRule 506(b)
- Maroof AhmedExecutive Officer, Director
- Sarim SiddiquiExecutive Officer, Director
- Gabriel MecklenburgDirector
- Will GibbsDirector
- Christian ScherrerDirector
- Yusuf SherwaniExecutive Officer, Director
- Offering amount
- $15.3M
- Amount sold
- $11.5M
- First sale
- Jul 2022
- Incorporated
- Corporation, Delaware, 2017
- Federal exemptions
- 06b
▶$49.5MraisedJul 2021 · 6 investors · Other TechnologyRule 506(b)
- Christian ScherrerDirector
- Sarim SiddiquiExecutive Officer, Director
- Maroof AhmedExecutive Officer, Director
- Will GibbsDirector
- Yusuf SherwaniExecutive Officer, Director
- Offering amount
- $49.5M
- Amount sold
- $49.5M
- First sale
- Jul 2021
- Incorporated
- Corporation, Delaware, 2017
- Federal exemptions
- 06b
▶$12.1MraisedMar 2020 · 31 investors · OtherRule 506(b)
- Sarim SiddiquiExecutive Officer, Director
- Maroof AhmedExecutive Officer, Director
- Yusuf SherwaniExecutive Officer, Director
- Offering amount
- $13.7M
- Amount sold
- $12.1M
- First sale
- Jan 2020
- Incorporated
- Corporation, Delaware, 2017
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Images
Founder mafia
3 people who came through Pelago went on to found or lead other companies.
Related companies · 9
Companies working in the same space as Pelago.
Legal entities · 1
corporate structureIn the news
Frequently asked questions
- What does Pelago do?
- Pelago is a virtual clinic that partners with employers and health plans to provide substance use disorder treatment and management services. The platform offers individual and discreet treatment for individuals struggling with substance misuse, from unhealthy habits to clinical substance use disorders.
- Who founded Pelago?
- Pelago was founded by Yusuf Sherwani, Sarim Siddiqui, Maroof Ahmed in 2017.
- Who are Pelago's investors?
- Pelago's investors include AAF Management Ltd., Atomico, Cade Ventures, GreyMatter, Kinnevik, Kreos Capital, Manta Ray Ventures, Octopus Ventures and 15 more.
- How much funding has Pelago raised?
- Pelago has disclosed $181.6M raised across 5 of its 6 known rounds.
- Where is Pelago headquartered?
- Pelago is headquartered in New York City, US.