TearSolutions Overview
- Year Founded
-
2013
- Status
-
Private
- Employees
-
10
- Latest Deal Type
-
Series B
- Latest Deal Amount
-
$15.7M
- Investors
-
11
TearSolutions General Information
Description
Developer of a peptide therapy designed for the treatment of signs and symptoms of dry eye in primary sjögren's syndrome patients. The company's product helps patient preserves all of the biological activity of a naturally occurring tear protein by introducing a short stable peptide that can be produced at scale and restore basal tearing without irritation and heal the corneal surface of the eye, providing patients with rapid improvement in corneal health and a reduction in symptoms of dry eyes.
Contact Information
Website
www.tearsolutions.comCorporate Office
- 315 Old Ivy Way
- Suite 301
- Charlottesville, VA 22903
- United States
Corporate Office
- 315 Old Ivy Way
- Suite 301
- Charlottesville, VA 22903
- United States
TearSolutions Timeline
TearSolutions Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
7. Later Stage VC (Series B) | 21-Nov-2024 | $15.7M | Completed | Generating Revenue | ||
6. Later Stage VC | 24-Jan-2022 | Completed | Generating Revenue | |||
5. Later Stage VC (Series B2) | 26-Feb-2020 | Completed | Clinical Trials - Phase 2 | |||
4. Later Stage VC (Series B2) | 19-Mar-2019 | Completed | Clinical Trials - Phase 2 | |||
3. Early Stage VC (Series B) | 06-Dec-2017 | Completed | Clinical Trials - Phase 2 | |||
2. Early Stage VC (Series A) | 10-Nov-2015 | $3M | $3M | Completed | Startup | |
1. University Spin-Out | 01-Jan-2013 | Completed | Startup |
TearSolutions Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series B2 | ||||||||
Series B1 | ||||||||
Series A | 642,906 | $0.001000 | 8% | $5 | $5 | 1x | $5 | 9.66% |
TearSolutions Comparisons
Industry
Financing
Details
TearSolutions Competitors (7)
One of TearSolutions’s 7 competitors is Exonate, a Venture Capital-Backed company based in Cambridge, United Kingdom.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Exonate | Venture Capital-Backed | Cambridge, United Kingdom | ||||
Gyroscope | Formerly VC-backed | London, United Kingdom | ||||
PulseSight Therapeutics | Venture Capital-Backed | Paris, France | ||||
Alnylam Pharmaceuticals | Formerly VC-backed | Cambridge, MA | ||||
ONL Therapeutics | Venture Capital-Backed | Ann Arbor, MI |
TearSolutions Patents
TearSolutions Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
EP-3986914-A1 | Constrained peptides | Pending | 19-Jun-2019 | ||
JP-2022537383-A | Constrained peptide | Pending | 19-Jun-2019 | ||
AU-2020298164-A1 | Constrained peptides | Pending | 19-Jun-2019 | ||
CA-3143676-A1 | Constrained peptides | Pending | 19-Jun-2019 | ||
EP-3986914-A4 | Constrained peptides | Pending | 19-Jun-2019 | C07K14/001 |
TearSolutions Signals
TearSolutions Investors (11)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Dave Metzak | Angel (individual) | Minority | ||
Jim Cheng | Angel (individual) | Minority | ||
UVA LVG Seed Fund | Venture Capital | Minority | ||
CAV Angels | Angel Group | Minority | ||
Pharmstandard | Corporation | Minority |
TearSolutions FAQs
-
When was TearSolutions founded?
TearSolutions was founded in 2013.
-
Where is TearSolutions headquartered?
TearSolutions is headquartered in Charlottesville, VA.
-
What is the size of TearSolutions?
TearSolutions has 10 total employees.
-
What industry is TearSolutions in?
TearSolutions’s primary industry is Drug Discovery.
-
Is TearSolutions a private or public company?
TearSolutions is a Private company.
-
What is TearSolutions’s current revenue?
The current revenue for TearSolutions is
. -
How much funding has TearSolutions raised over time?
TearSolutions has raised $40.7M.
-
Who are TearSolutions’s investors?
Dave Metzak, Jim Cheng, UVA LVG Seed Fund, CAV Angels, and Pharmstandard are 5 of 11 investors who have invested in TearSolutions.
-
Who are TearSolutions’s competitors?
Exonate, Gyroscope, PulseSight Therapeutics, Alnylam Pharmaceuticals, and ONL Therapeutics are some of the 7 competitors of TearSolutions.
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