Get the latest tech news
YC-backed Pelago, a virtual clinic for addiction treatment, raises $58M Series C
Pelago Health, Y Combinator-backed telehealth company that uses cognitive behavioral therapy (CBT) to help treat people with tobacco, alcohol and opioid
Yusuf Sherwani, co-founder and CEO of Pelago, told TechCrunch that the company plans to use the proceeds bring on more users, advance its clinical research efforts, and develop further products. “Pelago offers its integrated substance use management to employer and health plan populations, with specialized treatment for tobacco, alcohol, and opioid use disorders along with support for adolescents,” the company CEO told TechCrunch in an interview. Existing backer Atomico, which doubled down on the Series C investment on the back of Pelago’s growth, led the funding, with participation from other previous investors like Kinnevik AB, Octopus Ventures and Y Combinator.
Or read this on TechCrunch
