What is STRATA Skin Sciences?
STRATA Skin Sciences is a medical technology firm focused on the development and commercialization of innovative products for the in-office treatment of dermatological conditions. The company's portfolio includes advanced excimer laser and lamp systems, such as XTRAC®, Pharos®, and VTRAC®, which are utilized in the therapeutic management of psoriasis, vitiligo, and a range of other skin ailments. The company's dedication to advancing dermatological treatments positions it as a key player in the medical device market.
How much funding has STRATA Skin Sciences raised?
STRATA Skin Sciences has raised a total of $245.8M across 17 funding rounds:
Stock Offering
$16.3M
Stock Offering
$7.3M
Stock Offering
$6M
Debt
$12.4M
Other Financing Round
$27.3M
Debt
$10M
Private Equity
$17M
Debt
$2M
Debt
$7M
Stock Issuance/Offering (2011): $16.3M featuring Undisclosed
Stock Issuance/Offering (2013): $7.3M backed by Undisclosed
Stock Issuance/Offering (2013): $6M with participation from Undisclosed
Debt (2014): $12.5M led by Sabby Management
Other Financing Round (2014): $27.3M supported by Great Point Partners, Sabby Management, and Broadfin Capital
Debt (2016): $10M featuring MidCap Financial Trust
Private Equity (2018): $17M backed by Sabby Management, Broadfin Capital, Accelmed Growth Partners, and Dr. Dolev Rafeli
Debt (2020): $2M with participation from PPP
Debt (2023): $7M led by MidCap Financial
Key Investors in STRATA Skin Sciences
MidCap Financial
MidCap Financial is an entity focused on providing flexible and efficient financing solutions, tailored to meet specific client needs and opportunities.
Great Point Partners
Great Point Partners is a leading healthcare investment firm specializing in growth equity, recapitalizations, and buyouts across various healthcare sectors, including biopharmaceutical services and IT-enabled businesses.
Broadfin Capital
Broadfin Capital is a healthcare-focused investment firm that specializes in unique investment opportunities within the healthcare sector, offering comprehensive investment strategies and financial planning.
What's next for STRATA Skin Sciences?
The recent major strategic investment in STRATA Skin Sciences signals a pivotal growth phase for the company. This capital infusion is expected to accelerate the development and market penetration of its innovative dermatological treatment solutions. The company is poised to expand its reach, further solidifying its market presence and enhancing its product offerings to address unmet needs in dermatology.
See full STRATA Skin Sciences company page
