Pelago IPO

www.pelagohealth.comHealthcare / Digital Health

With a mission to improve lives through substance abuse counseling solutions, Pelago is a company that offers a virtual health clinic. The company offers its virtual care by partnering with healthcare payors at enterprises to provide counseling services to employees. Pelago was formerly known as Quit Genius and was founded in 2017 by Maroof Ahmed, Yusuf Sherwani, and Sarim Siddiqui and is headquartered in New York, NY. Pelago offers a wide range of substance abuse support services including cognitive behavioral therapy and medication-assisted treatment as well as preventive education, primarily for tobacco, alcohol, and opioid abuse.

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Learn more about Pelago

Is Pelago a publicly traded company?

Pelago is a private company and not publicly traded.

If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares.

Will Pelago go IPO?

Pelago has not yet filed for an IPO. However, it's important to note that IPOs are not the sole avenue for a private company to transition to public trading. Private companies can also go public through alternative methods such as but limited to Special Purpose Acquisition Companies (SPACs), direct listings, or through mergers and acquisitions. Find out which companies are eyeing an IPO on our Tech IPO Calendar 2024.

What is Pelago's IPO price?

The IPO price for Pelago will be known only if it becomes public. However, you may access the "Price At Last Round" and the "Implied EV" for publicly traded comparable companies with Forge Data.

Can you invest in Pelago pre-IPO?

Pelago is privately held company and is not publicly traded, therefor investing in Pelago pre-IPO is only available to accredited investors. If you meet the accreditation criteria, you can register for Forge’s Secondary Marketplace to invest in private companies before their potential IPO. If you are not an accredited investor, discover how to begin the the process to potentially qualify for new investment opportunities.

What is the value of my Pelago shares?

To determine the value of your Pelago shares, create a free account to gain access to Forge’s platform. Forge Markets contains pricing information for hundreds of pre-IPO companies. A Private Market Specialist will also be available to assist you with any inquiries related to your Pelago shares. You can also learn more about how to sell your private shares before getting started.

Can you sell Pelago before it goes public?

Yes, you can seek to sell shares in Pelago while it remains private. If you are considering selling, you can register today for free to get started. Once registered, a Private Market Specialist will guide you through any questions you might have. You may also continue to browse through our resources to help you understand the implications and procedures involved in selling your private market shares.

What is Pelago's funding to date?

Pelago has raised $137.72MM to date.

When was Pelago founded?

Pelago was founded in 2017.

Who are Pelago's major investors?

Y Combinator

Eight Roads Ventures

Kinnevik

EQT Ventures

Atomico

StartUp Health

Village Global

Merck

Octopus Ventures

Pioneer Fund

Serena Ventures

Lionheart Ventures

GreyMatter Capital

Triple Point

Cur8 Capital

Pelago funding rounds and last known valuation

Date	Funding Round	Funding Raised	Price per Share	Last Known Valuation
3/28/2024	Series C	$58MM raised	$XXX.XX	$XXX.XX
7/19/2021	Series B	$66.01MM raised	$XXX.XX	$XXX.XX
3/19/2020	Series A-1, A-2, A-3, A-4, A-5 and A-6	$13.71MM raised	$XXX.XX	$XXX.XX

Based on primary financings

Frequently Asked Questions

Updated on: Jul 26, 2024

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