Fundraising Fox

Pelago

YC W18

New York City, US · Founded 2017 · Delaware corporation · 180 employees · Hiring · 10 known investors

Find your way into Pelago

953 people in our graph share verified history with the Pelago team — schools, employers, funds. One of them is your warm intro.

Deji Sasegbonunlockedknows Yusuf Sherwani · together at Imperial College London (overlapped)
knows the team · via Imperial College London
×4knows the team · via Y Combinator
×4knows the team · via Imperial Business School
×2knows the team · via Octopus Ventures

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 Quit Genius

Digital HealthHealthtechHealthcareUnited States of AmericaAmerica / CanadaPartly Remote

Founders & leadership· Y Combinator alumni (W18)

Pelago was founded in 2017 by Yusuf Sherwani, Sarim Siddiqui, and Maroof Ahmed.

YSYusuf Sherwani
Yusuf Sherwaniin𝕏Founder/CEOYusuf Sherwani is a medical doctor and co-founder of Pelago.
SSSarim Siddiqui
Sarim SiddiquiinFounder/Chief Medical OfficerSarim Siddiqui is a co-founder of Pelago Health and holds an MD degree.
MAMaroof Ahmed
Maroof Ahmedin𝕏FounderFounder at Octopus Ventures

Investors · 10

Funding

SEC filings, press & company announcements

$181.6M disclosed across 5 of 6 rounds · 2020–2024

$50.5MraisedApr 2024 · 10 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • 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
Full filing on SEC EDGAR ↗
$11.5MraisedAug 2022 · 2 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • 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
Full filing on SEC EDGAR ↗
$49.5MraisedJul 2021 · 6 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • 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
Full filing on SEC EDGAR ↗
$12.1MraisedMar 2020 · 31 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • 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
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Images

Pelago photo

Competitors · 4

by search overlap

Companies competing with Pelago for the same Google search keywords, organic and paid, via search-intersection analysis.

In 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., Cade Ventures, GreyMatter, Kinnevik, Manta Ray Ventures, Octopus Ventures, SemperVirens Venture Capital, Village Global and 2 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.