Tech Company Financing Transactions

Dermala Funding Round

On 11/10/2020, Dermala raised $6.7 million in Series A funding from Johnson & Johnson Development Corporation, True Wealth Ventures and Cove Fund.

Transaction Overview

Company Name
Announced On
11/10/2020
Transaction Type
Venture Equity
Amount
$6,730,000
Round
Series A
Investors

Johnson & Johnson Development Corporation (Lead Investor)

True Wealth Ventures (Lead Investor) (Sara Brand)

Cove Fund

Seventure Partners (Isabelle de Crémoux)

Proceeds Purpose
DERMALA will use the proceeds of the funding round to scale operations, manufacturing, and commercial efforts for its acne products.

Company Information

Company Status
Private & Independent
Industry
Consumer
Mailing Address
3210 Merryfield Row
San Diego, CA 92121
USA
Phone
Undisclosed
Email Address
Overview
Trillions of microorganisms live in and on our bodies, collectively comprising the human microbiome. Dermala is combining the human microbiome science with dermatology and digital health technologies to develop novel consumer products for acne, eczema, and other skin conditions. Dermala is a resident of JLABS, Johnson & Johnson Innovation incubator in San Diego.
Profile
Dermala LinkedIn Company Profile
Social Media
Dermala Company Twitter Account
Company News
Dermala News
Facebook
Dermala on Facebook
YouTube
Dermala on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Lada Rasochova
  Lada Rasochova LinkedIn Profile  Lada Rasochova Twitter Account  Lada Rasochova News  Lada Rasochova on Facebook
VP - Bus. Development
Philip Dao
  Philip Dao LinkedIn Profile  Philip Dao Twitter Account  Philip Dao News  Philip Dao on Facebook
VP - Engineering
Alex Alim
  Alex Alim LinkedIn Profile  Alex Alim Twitter Account  Alex Alim News  Alex Alim on Facebook
VP - Product Management
Michelle Kem
  Michelle Kem LinkedIn Profile  Michelle Kem Twitter Account  Michelle Kem News  Michelle Kem on Facebook


 

 

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Prev: 11/10/2020: ReSec Technologies venture capital transaction
Next: 11/10/2020: Nuro venture capital transaction

 

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We do our best to report on every notable VC transaction. VC investment data records reported here come from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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