# DermBiont

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/dermbiont

- Industry: Healthcare Specialists
- Headquarters: Boston, US
- Website: www.dermbiont.com
- Total disclosed funding: $56M
- Latest round: Series B (Oct 19, 2023)
- Investors on record: 9

## About

DermBiont, Inc. is a US-based company focused on developing innovative topical therapeutics aimed at addressing unmet needs in rare disease oncology and aesthetic dermatology through small molecule solutions.Founded in 2017 and headquartered in Boston, US, DermBiont, Inc. specializes in advancing topical therapeutics. The company has successfully completed 10 deals, with its most recent funding round occurring on October 24, 2023. Led by CEO Karl Beutner, the company received USD 8.1 mn in VENTURE DEBT funding, contributing to a total of USD 11.31 mn raised to date.DermBiont, Inc. specializes in advancing topical therapeutics primarily aimed at addressing unmet needs in rare disease oncology and aesthetic dermatology. The company’s core product offerings revolve around innovative small molecules that target specific dermatological conditions, enhancing treatment efficacy through localized delivery mechanisms. These therapeutics are designed to improve patient outcomes by directly addressing the pathophysiology of skin-related issues, thereby catering to a diverse client base that includes healthcare providers, dermatologists, and patients seeking effective treatment options. DermBiont’s products are marketed across key geographical regions, including North America and Europe, ensuring access to a broad spectrum of healthcare professionals and end users who benefit from their groundbreaking solutions.DermBiont, Inc. operates on a revenue model that emphasizes direct-to-consumer sales, partnerships with healthcare providers, and potential collaborations with research institutions. Revenue is generated through the sale of proprietary therapeutics, which are often offered as part of specialized treatment regimens tailored to individual patient needs. The company establishes pricing structures based on the therapeutic value of its products, which may involve one-time purchases or subscription plans for ongoing treatment protocols. Specific flagship offerings—central to its revenue stream—are designed to cater to both the rare disease and aesthetic markets, thereby solidifying DermBiont’s position within the competitive landscape of dermatological therapeutics. Through strategic alliances and a focus on product efficacy, DermBiont aims to drive consistent revenue growth while addressing critical healthcare challenges.In October 2023, DermBiont, Inc. raised USD 8.1 mn in VENTURE DEBT funding from unspecified investors, part of a larger funding initiative totaling USD 46.76 mn. The company plans to utilize this funding to advance new products, specifically SM-020 and SM-030. Additionally, DermBiont aims to expand its market reach into new geographical regions, enhancing accessibility to its innovative treatments while capitalizing on its existing market presence.

## Funding rounds

- Series B, Oct 19, 2023, $11M — Viking Global Investors, Civilization Ventures, Olive Tree Capital, Double Point Ventures
- Series B, Oct 4, 2023, $8.1M — Viking Global Investors, Civilization Ventures, Olive Tree Capital, Double Point Ventures
- Series A, Dec 21, 2021, $29M — Viking Global Investors, Toba Capital, Pivotal Life Sciences, Civilization Ventures, Olive Tree Capital
- Series A, Jun 18, 2019, $8M — Viking Global Investors, Toba Capital, Zola Capital Management, LLC
- Series A, Aug 20, 2018 — Valia Ventures, Joyance Partners

## Investors

- Valia Ventures (https://capitalatlas.ai/funds/valia-ventures) — Series A
- Joyance Partners (https://capitalatlas.ai/funds/joyance-partners) — Series A
- Viking Global Investors (https://capitalatlas.ai/funds/viking-global-investors) — Series A, Series B
- Toba Capital (https://capitalatlas.ai/funds/toba-capital) — Series A
- Zola Capital Management, LLC — Series A
- Pivotal Life Sciences (https://capitalatlas.ai/funds/pivotal-life-sciences) — Series A
- Civilization Ventures (https://capitalatlas.ai/funds/civilization-ventures) — Series A, Series B
- Olive Tree Capital (https://capitalatlas.ai/funds/olive-tree-capital) — Series A, Series B
- Double Point Ventures (https://capitalatlas.ai/funds/double-point-ventures) — Series B