Behavioral Health Business March 28, 2024
Virtual enterprise-focused behavioral health startup Pelago has raised a $58 million Series C round. This comes as digital health investors seek out more proven companies and employers muddle through behavioral health point solution fatigue.
The San Francisco-based company has raised a total of $151.6 million in funding with the new round, according to historical data from Crunchbase. The new capital will help Pelago speed up product development and expand its clinical capabilities as employers and other enterprises seek substance use disorder-specific (SUD) services.
CEO Yusuf Sherwani declined to detail new services and products in the pipeline in an interview with Behavioral Health Business. He did say the company will focus its efforts and new funding on its “north star” of...
Today's Sponsors
Today's Sponsor