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YC-backed Pelago, a virtual clinic for addiction treatment, raises $58M Series C | TechCrunch

Pelago Health,  Y Combinator-backed telehealth company that uses cognitive behavioral therapy (CBT) to help treat people with tobacco, alcohol and opioid addictions, said Thursday it had raised a $58 million Series C round. The recent funding, which brings its total raised to $151 million since being founded in 2017, comes two and a half years after Pelago, formerly known as Quit Genius, closed a Series B of $64 million amid the COVID pandemic. Yusuf Sherwani, co-founder and CEO of Pelago, told ...

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