Tech Company Financing Transactions
Follica Funding Round
On 8/12/2010, Follica raised $11 million in funding from Polaris Partners, InterWest Partners and PureTech Ventures.
Transaction Overview
Company Name
Announced On
8/12/2010
Transaction Type
Venture Equity
Amount
$11,000,000
Round
Undisclosed
Investors
Polaris Partners (Lead Investor) (Kevin Bitterman)
InterWest Partners (Christopher Ehrlich)
PureTech Ventures (Daphne Zohar)
Proceeds Purpose
The cutting-edge biology on which the company was founded allows Follica to address hair loss and multiple other conditions with an entirely novel mechanism of action.Unlike currently available treatments that attempt to retain or re-activate existing follicles, this technology provides for the first time, the potential to stimulate entirely new hair follicles. New hair follicles that form after disruption function normally, cycle through the normal stages of hair growth and exhibit normal architecture, including a full complement of stem cells.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
501 Boylston St. 6102
Boston, MA 02116
USA
Boston, MA 02116
USA
Phone
Website
Email Address
Overview
We've teamed up with leading dermatologists with expertise in hair loss and epithelial stem cell biology to develop a new system aimed at not just improving existing hair growth, but also growing new hair.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jason Bhardwaj
Co-Founder
Rox Anderson
Co-Founder
George Cotsarelis
Co-Founder
Daphne Zohar
Vice President
David Chastain
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