Fundz

Digital Therapeutics reported raising $50.5 Million in an initial SEC Form D filing, from an offering of $50.5 Million

PRIVATEApr 11, 2024Late filing, first sale Dec 21, 2023

Amount Raised

$50.5 Million

$50.5 Million sold, per SEC Form D (first sale Dec 21, 2023)

Round Type

Venture

New YorkBiotechnologyHealth Care

Quick answer

Pelago Health raised $50.5 Million in a funding round, dated December 21, 2023. Pelago Health is based in New York, New York, United States.

How much did Pelago Health raise?
Pelago Health raised $50.5 Million in a funding round on December 21, 2023.
What does Pelago Health do?
Pelago Legal Name Digital Therapeutics, Inc. Pelago is the world’s leading virtual clinic for substance use management.
Where is Pelago Health based and how big is it?
Pelago Health is based in New York, New York, United States.
Who are the decision-makers at Pelago Health?
Fundz holds 1 contact at Pelago Health. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Biotechnology and Health Care around the same time

Companies in the same sectors as Pelago Health that raised within 45 days of this round, from Fundz verified event records.

  • Pharmazz raised $150K (Seed) on February 2, 2024.
  • Vektor Medical raised $29M on February 2, 2024.
  • Tyra Biosciences raised $200M (Post-IPO Equity) on February 2, 2024.
  • HempStreet raised $1M (Seed) on February 2, 2024.
  • SPR Therapeutics raised $85M (Funding Round) on February 2, 2024.
  • SeLux Diagnostics, Inc. raised $40M on February 1, 2024.

Who to call at Pelago Health, and when

A new round usually means Pelago Health is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Pelago Health raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Pelago Health, from your own LinkedIn network

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Company Information

Company

Pelago Health

Location

New York, New York, United States

About

Pelago Legal Name Digital Therapeutics, Inc. Pelago is the world’s leading virtual clinic for substance use management. We are transforming substance use support—from prevention to treatment—delivering education, management skills, and opportunities for positive change to members struggling with substance use, most commonly tobacco, alcohol, or opioids. Our solution gives employers the means to offer on-demand, personalized support to workers seeking to live healthier lives. Pelago’s cognitive behavioral therapy (CBT) and medication-assisted treatment (MAT) programs deliver convenient, accessible, and effective support that seamlessly integrates with health plans, pharmacy benefit managers, and wellness platforms. To date, Pelago has helped more than 750,000 members manage their substance use and improve their lives. Visit www.pelagohealth.com for more information.

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Fundz sees it the moment Pelago Health raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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ML-powered predictions for Pelago Health's next move

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Pelago Health raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.