Pear Therapeutics

Healthcare ITSeries DBoston, USpeartherapeutics.com

Latest round

Series D

Last raised

Dec 2020

Total raised

$203M

Investors

16

About Pear Therapeutics

Founded in 2013 and based in Massachusetts, US, Pear Therapeutics, Inc. provides an end-to-end platform for Prescription Digital Therapeutics (PDTs) that allows patients to connect and engage with physicians through its mobile application. The company was co-founded by the CEO Corey McCann, alongside Stephen Smith and William Greene. In 2020, Pear Therapeutics, Inc. In 2021, Pear Therapeutics, Inc. entered into a business combination agreement with Thimble Point Acquisition Corp. The transaction is valued at USD 125 million, at USD 10 per share. The company offers software-based disease treatment solutions that focus on specific areas such as reSET® – intended for substance use disorder, reSET-O® – for opioid use disorder, Somryst® – treatment for chronic insomnia, PEAR-004 – for schizophrenia, and PEAR-006 – for multiple sclerosis. Pear Therapeutics, Inc. also provides PearConnect, a patient service center used for Prescription Digital Therapeutics (or PDTs). The company generates revenue by selling software-based solutions to healthcare institutions. plans to use the investment to develop and commercialize the three commercial products under clinical trial. Post the closing of its business combination with Thimble, the company plans to list on the Nasdaq under the new ticker symbol, PEAR and will be renamed as Pear Holdings Corp.

Who invested in Pear Therapeutics

16 investors across 4 rounds

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Funding rounds

  1. Series D

    Dec 7, 2020

    Amount

    $80M

    Investors

    Locked

  2. Series C

    Dec 21, 2018

    Amount

    $64M

    Investors

    Locked

  3. Series B

    Dec 28, 2017

    Amount

    $46M

    Investors

    Locked

  4. Series A

    Jan 26, 2016

    Amount

    $12M

    Investors

    Locked

Questions about Pear Therapeutics

Who invested in Pear Therapeutics?

Pear Therapeutics has 16 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Pear Therapeutics raised?

Pear Therapeutics has raised 4 venture rounds. Sign up free to see how much each round raised and the total.

When did Pear Therapeutics last raise money?

Pear Therapeutics's most recent round on record is a Series D, in Dec 2020.

What does Pear Therapeutics do?

Founded in 2013 and based in Massachusetts, US, Pear Therapeutics, Inc.

Where is Pear Therapeutics headquartered?

Pear Therapeutics is headquartered in Boston, US.

Which VCs invest in companies like Pear Therapeutics?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back healthcare it companies at Pear Therapeutics's stage. Their profiles are linked below.

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