Pelago

About Pelago

Pelago is a virtual clinic focused on personalized substance use management, offering care for individuals seeking to manage or reduce their use of tobacco, alcohol, opioids, and cannabis. Their mission is to provide accessible, stigma-free, and cost-effective solutions to improve health outcomes for members, employers, and health plans.

Products & Services

Virtual Clinic for Substance Use Management:A personalized, evidence-based program offering physician-led care, complex condition management, remote monitoring, personalized tech support, and access to Centers of Excellence for inpatient treatment. It includes support for alcohol, tobacco, opioids, and cannabis use.

PelagoRX:A hub for medication-assisted treatment (MAT), providing confidential prescriptions and integration with pharmacy partners.

Alcohol Use Management:A program where members see a 62% reduction in alcohol use within the first 30 days.

Cannabis Use Management:Addresses cannabis-related substance use disorders, noting significant prevalence among adults and adolescents.

Specialties

Substance Use Management Alcohol Use Treatment Tobacco Cessation Opioid Use Treatment Cannabis Use Management Physician-Led Care Medication-Assisted Treatment (MAT) Cognitive Behavioral Therapy (CBT) Remote Monitoring Adolescent Substance Use Programs

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Series C T: - FT: Series C	A: 58000000 MR: - FA: $58 million FAN: 58000000	D: 2024-03-28 FD: 2024-03-28	6 investors

Series C Latest

2024-03-28

$58.0M

6 investors (Pro only)

Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

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Team & Leadership

R

Richard

Pelago Member

M

Michael

Pelago Member

L

Liam Millan

Sales Development

D

Destiny Durling

Member Operations

K

Kent Raymond

Client Strategy

R

Richard Valentin

Sr. Coach

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Recent News

Pelago Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised