When was Pelago founded?

Pelago was founded in 2014 and raised its 1st funding round 4 years after it was founded.

Where is Pelago located?

Pelago is headquartered in New York City, United States. It is registered at PO Box 118, Unit 118, The Record Hall 16 Baldwins Gardens, Holborn, London, London, England, EC1N 7RJ.

Who is the current CEO of Pelago?

Yusuf Sherwani of Pelago. They are also an angel investors in 1 startup.

How many employees does Pelago have?

As of Aug 31, 2026, the latest employee count at Pelago is 178.

Is Pelago a funded company?

Pelago is a funded company, having raised a total of $151M across 9 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jan 01, 2018.

How much is Pelago worth?

The latest valuation of Pelago is $***** as of Jan 01, 2018.

When was the latest funding round of Pelago?

Pelago's latest funding was a $***** Series C round on Dec 21, 2023, with participation from 6 investors. Its primary sector is Healthcare Booking Platforms. In United States, the Healthcare Booking Platforms sector has seen $1.99B in funding in 2026 to date.

Where does Pelago rank among its competitors?

Pelago ranks 3rd amongst 32 active competitors, of which 13 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Workit Health, which secured $2.85M in Sep, 2025.

Who are the top competitors of Pelago?

Pelago's top competitors include Bicycle Health, Boulder Care and Birches Health. Among them, Workit Health secured the most recent funding round in September, 2025.

Pelago - 2026 Company Profile, Team, Funding & Competitors

Pelago is a series C company based in New York City (United States), founded in 2014 by Sarim Siddiqui, Yusuf Sherwani and Maroof Ahmed. It operates as a Virtual clinic providing personalized substance use management solutions for individuals. Pelago has raised $151M in funding from investors like Atomico, Octopus Ventures and Wayra, with a current valuation of $*****. The company has 32 active competitors, including 13 funded and 2 that have exited. Its top competitors include companies like Bicycle Health, Boulder Care and Birches Health.

Company Details

Virtual clinic providing personalized substance use management solutions for individuals. It offers solutions for individuals seeking to overcome substance use disorders, including tobacco, alcohol, opioid, and cannabis addiction. The digital platform offers a technology enabled care model, providing individuals to take control of the health and wellness. It offers cognitive behavioral therapy and medication assisted treatment to support members in the recovery journey.

Website: pelagohealth.com
Social
Email ID: *****@pelagohealth.com
Phone Number: +1 **********
Registered Address: PO Box 118, Unit 118, The Record Hall 16 Baldwins Gardens, Holborn, London, London, England, EC1N 7RJ

Key Metrics

Founded Year

2014

Location

New York City, United States

Stage

Series C

Total Funding

$151M in 9 rounds

Latest Funding Round

Series C, Dec 21, 2023, $*****

Post Money Valuation

$***** as on Jan 01, 2018

Investors

Atomico & 50 more

Ranked

3^rd among 32 active competitors

Employee Count

178 as on Aug 31, 2026

Similar Companies

Bicycle Health & 58 more

View Pelago's full profile

Pelago is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
DIGITAL THERAPEUTICS, INC. CIN: 7247989 , United States, Active	Feb 06, 2024	-	94 (As on Dec 31, 2023)	-
DIGITAL THERAPEUTICS LTD CIN: 9851330 , United Kingdom, Active	Nov 01, 2015	-	22 (As on Dec 31, 2024)

Pelago has raised a total funding of $151M over 9 rounds. Its first funding round was on Jan 01, 2018. Its latest funding round was a Series C round on Dec 21, 2023 for $*****. 6 investors participated in its latest round. Pelago has 29 institutional investors and 22 angel investors.

Here is the list of recent funding rounds of Pelago:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 21, 2023	4926259	Series C	7989403	1352248	4356954	5815379
Jul 27, 2022	5238213	Series B	2400802	1737286	2868249	7382543
Jul 19, 2021	3242093	Series B	8216094	4398156	Kinnevik & 1 more	Octopus Ventures & 2 more

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View details of Pelago's funding rounds and investors

The founders of Pelago are Sarim Siddiqui, Yusuf Sherwani and Maroof Ahmed. Yusuf Sherwani is the CEO of Pelago.

Here are the details of Pelago's key team members:

Sarim Siddiqui: Co-Founder of Pelago and founder of 1 other company. They are also an angel investor in 1 startup and serve on the boards of 2 companies.
Contact Info: 2 email addresses
Yusuf Sherwani: Co-Founder & CEO of Pelago and founder of 1 other company. They are also an angel investor in 1 startup and serve on the boards of 2 companies.
Contact Info: 2 email addresses
Maroof Ahmed: Co-Founder & COO of Pelago and founder of 1 other company. They are also an angel investor in 1 startup and serve on the boards of 2 companies.
Contact Info: 2 email addresses

Pelago's Board of Directors

Pelago's board has 11 active members. Maroof Ahmed, Sarim Siddiqui and Yusuf Sherwani are part of team and Sarim Siddiqui, Yusuf Sherwani, Maroof Ahmed, Gabriel Mecklenburg, Ben Blume, Will Gibbs, Christian Scherrer and Maria Maras are independent board members.

Here is the list of Pelago's board of directors:

Name	Type	Representing	Status	Duration
Maroof Ahmed	Team	-	Current	10y 11m
Sarim Siddiqui	Team	-	Current	10y 11m
Yusuf Sherwani	Team	-	Current	10y 11m
f{jxpbo	Team	-	Past	1y 2m
Sarim Siddiqui	Independent board member	-	Current	6y 6m
jamfinb	Independent board member	-	Current	3y 6m
rjeainm	Independent board member	-	Current	1y 6m
zijnusp	Independent board member	-	Current	4y 3m
knbxcfi	Independent board member	-	Current	7y 8m
mgyhgey	Independent board member	-	Current	9y 9m
cmvmrxh	Independent board member	-	Current	9y 5m
fru{sj{	Independent board member	-	Current	8y 6m

View details of Pelago's Founder profiles and Board Members

Pelago's employee count trend

Pelago has 178 employees as of Aug 26. Here is Pelago's employee count trend over the years:

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Top competitors of Pelago include Bicycle Health, Boulder Care and Birches Health. Here is the list of Top 10 competitors of Pelago, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Bicycle Health 2018, San Francisco (United States), Series C	Provider of an online doctor consultation platform for deaddiction	$104M	Questa Capital, SignalFire & 15 others	70/100
2nd	Boulder Care 2017, Portland (United States), Series C	Provider of a telehealth-based addiction treatment services, offering whole-person care and unconditional support to individuals struggling with substance use disorders, including opioid and alcohol addiction	$85M	Advance Venture Partners, Greycroft & 13 others	67/100
3rd	Pelago 2014, New York City (United States), Series C	Virtual clinic providing personalized substance use management solutions for individuals	$151M	Atomico, EQT & 49 others	59/100
4th	Birches Health 2023, Phoenix (United States), Series A	Provider of virtual therapy sessions for individuals managing compulsive behaviors	$20M	General Catalyst, AlleyCorp & 5 others	59/100
5th	Workit Health 2015, Bakersfield (United States), Series C	Provider of an app for sobriety management	$132M	BVF, FirstMark & 20 others	57/100
6th	DynamiCare Health 2016, Cambridge (United States), Seed	Provider of digital therapeutics for substance use recovery	$7.3M	Early Light Ventures, MassDevelopment & 12 others	57/100
7th	Prestodoctor 2014, Walnut (United States), Acquired	Provider of an online medical marijuana doctors for cannabis cards	-	-	44/100
8th	Lionrock Recovery 2010, Mountain View (United States), Acquired	Online de-addiction therapy	$7M	-	44/100
9th	Wellable 2013, Boston (United States), Funding Raised	All-in-one employee wellness, rewards, and recognition platform for engagement	-	Archetype	44/100
10th	Monument 2019, New York City (United States), Series A	Provider of a SaaS based telehealth platform for deaddiction	$23.6M	Alpaca, Lerer Hippeau & 9 others	43/100