# Pelago funding: rounds and investors

> Pelago has raised $80M across 3 rounds since 2006. Investors include Kleiner Perkins Caufield & Byers, Trilogy Equity Partnership and Y Combinator.

Source: https://millionrounds.com/company/pelago (Millionrounds; every figure on the page links to its filing or article)

United States · [Series C startup](https://millionrounds.com/companies)

# Who invested in *Pelago*

3 rounds we have observed, with the 14 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Healthcare

Y Combinator: W18

Funding summary Updated 26 Oct 2026

**$80M** raised across 3 rounds since 2006, from 3 sources

**$7.4M** Series A **$15M** Series B **$58M** Series C

- **Latest round:** Series C, $58M Mar 2024
- **Step-up i:** 3.9×
- **Investors:** 14

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2006 2009 2012 2015 2018 2021 2024

**$7.4M** Series A

**$15M** Series B

**$58M** Series C

- **First round:** Series A, $7.4M
- **Biggest round:** $58M
- **Usual gap between rounds:** 15.8 years

## The rounds

- **Mar 2024** Series C **$58M** *6 new* [Y Combinator](https://millionrounds.com/fund/y-combinator) [Octopus Ventures](https://millionrounds.com/fund/octopus-ventures) [Village Global](https://millionrounds.com/fund/village-global-2) [Atomico](https://millionrounds.com/fund/atomico) [EQT Ventures](https://millionrounds.com/fund/eqt-ventures) [Serena](https://millionrounds.com/fund/serena) Source recorded
- **May 2008** Series B **$15M** *5 new* *2 returning* [Kleiner Perkins Caufield & Byers](https://millionrounds.com/fund/kleiner-perkins-caufield-and-byers) [DAG Ventures](https://millionrounds.com/fund/dag-ventures) [Deutsche Telekom Strategic Investments](https://millionrounds.com/fund/deutsche-telekom-strategic-investments-2) [Bezos Expeditions](https://millionrounds.com/fund/bezos-expeditions) [Trilogy Equity Partnership](https://millionrounds.com/fund/trilogy-equity-partnership) [Reliance Technology Ventures](https://millionrounds.com/fund/reliance-technology-ventures) [iFund](https://millionrounds.com/fund/ifund) Reported by arstechnica.com
- **Nov 2006** Series A **$7.4M** *3 new* [Kleiner Perkins Caufield & Byers](https://millionrounds.com/fund/kleiner-perkins-caufield-and-byers) [Jeff Bezos](https://millionrounds.com/fund/jeff-bezos) [Trilogy Equity Partnership](https://millionrounds.com/fund/trilogy-equity-partnership) Reported by seattlepi.nwsource.com

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series A** 2006 **Series B** 2008 **Series C** 2024 [Kleiner Perkins Caufield & Byers](https://millionrounds.com/fund/kleiner-perkins-caufield-and-byers) [Trilogy Equity Partnership](https://millionrounds.com/fund/trilogy-equity-partnership) [Y Combinator](https://millionrounds.com/fund/y-combinator) [Octopus Ventures](https://millionrounds.com/fund/octopus-ventures) [Village Global](https://millionrounds.com/fund/village-global-2) [DAG Ventures](https://millionrounds.com/fund/dag-ventures) [Atomico](https://millionrounds.com/fund/atomico) [EQT Ventures](https://millionrounds.com/fund/eqt-ventures) [Serena](https://millionrounds.com/fund/serena) [Deutsche Telekom Strategic Investments](https://millionrounds.com/fund/deutsche-telekom-strategic-investments-2)

## The exit

Exit Buyer Price When

Acquired [Groupon](https://millionrounds.com/fund/groupon) undisclosed Apr 2011

From historical deal records. Wrong? [Tell us](https://millionrounds.com/corrections?slug=pelago).

## Everyone who backed them

[Kleiner Perkins Caufield & Byers](https://millionrounds.com/fund/kleiner-perkins-caufield-and-byers) VC firm **2** rounds

[Trilogy Equity Partnership](https://millionrounds.com/fund/trilogy-equity-partnership) Investment firm **2** rounds

[Y Combinator](https://millionrounds.com/fund/y-combinator) Accelerator **1** round

[Octopus Ventures](https://millionrounds.com/fund/octopus-ventures) VC firm **1** round

[Village Global](https://millionrounds.com/fund/village-global-2) VC firm **1** round

[DAG Ventures](https://millionrounds.com/fund/dag-ventures) VC firm **1** round

[Atomico](https://millionrounds.com/fund/atomico) VC firm **1** round

[EQT Ventures](https://millionrounds.com/fund/eqt-ventures) VC firm **1** round

[Serena](https://millionrounds.com/fund/serena) VC firm **1** round

[Deutsche Telekom Strategic Investments](https://millionrounds.com/fund/deutsche-telekom-strategic-investments-2) Investment firm **1** round

[Bezos Expeditions](https://millionrounds.com/fund/bezos-expeditions) Family office **1** round

[Jeff Bezos](https://millionrounds.com/fund/jeff-bezos) Angel **1** round

[iFund](https://millionrounds.com/fund/ifund) VC firm **1** round

[Reliance Technology Ventures](https://millionrounds.com/fund/reliance-technology-ventures) Growth equity **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=pelago).

## Also claim to have backed them

This firm lists Pelago as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[SemperVirens Venture Capital](https://millionrounds.com/fund/sempervirens-venture-capital) VC firm Per its own site

## Quick answers about Pelago

### Who invested in Pelago?

Pelago's investors include Kleiner Perkins Caufield & Byers, Trilogy Equity Partnership, Y Combinator, Octopus Ventures and Village Global, and 9 more on record.

### How much has Pelago raised?

Pelago has raised $80M across 3 rounds since 2006.

### When did Pelago last raise?

Pelago's most recent round was a Series C of $58M in Mar 2024.

### What was Pelago's biggest round?

Its most recent round, $58M in Mar 2024, is also its largest on record.

### Who backed Pelago first?

Pelago's first round on record, in Nov 2006, was backed by Kleiner Perkins Caufield & Byers, Jeff Bezos and Trilogy Equity Partnership.

### What stage is Pelago at?

Pelago's latest named round is a Series C, in Mar 2024.

### Where is Pelago based?

Pelago is based in the United States.

## Companies like Pelago

In the same sector, and raised in the last eighteen months.

[**Star Therapeutics** $325M · Oct 2026](https://millionrounds.com/company/star-therapeutics)[**Promaxo** $106M · Oct 2026](https://millionrounds.com/company/promaxo)[**AI** $18M · Oct 2026](https://millionrounds.com/company/ai)[**Baba** $40M · Oct 2026](https://millionrounds.com/company/baba)[**Rejuvenate Bio** $13M · Oct 2026](https://millionrounds.com/company/rejuvenate-bio)[**Clinical Ink** $24M · Oct 2026](https://millionrounds.com/company/clinical-ink)

## Find investors like these

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