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Pelago, a virtual clinic for addiction treatment, formerly known as Quit Genius, has raised $58 million in a Series C funding round, bringing its total funding to $151 million. The company offers virtual therapy sessions to help treat addictions. Pelago is focused on substance use management, providing personalized support for individuals seeking healthier lives. The funding round marks significant growth for the company, with an 11x revenue surge since its Series B, 100% client retention, and users being five times more likely to quit smoking.
Huge congratulations to @pioneer_fund company @pelagohealth on the $58M Series C! From TechCrunch (link in reply): - "Since its Series B, Pelago has experienced an impressive 11x revenue surge." - 100% client retention - "Users are five times more likely to quit smoking in…
Congrats to the team @Float_Health on the $10M Series A! Float (YC W22) brings a full-stack solution to healthcare, using tech to grow nurse supply and deploy them to treat patients in their homes. https://t.co/MlCeKgslIo
Congrats to the team @pelagohealth on the $58M Series C! Pelago (YC W18) is the world’s leading virtual clinic for substance use management. They give employers the means to offer on-demand, personalized support to workers seeking to live healthier lives. https://t.co/0dmwmWiqLg
