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Dermatheory

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At-home injectable solution for inflammatory acne lesions

United StatesFounded 2021Health
Valuation $100–250M Last recorded · 2025
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About Dermatheory

Dermatheory, also known as Indomo Therapeutics, is a clinical-stage therapeutics company founded in 2021 by Jack Abraham and Rick Bente. The company is headquartered in San Francisco and is focused on developing device-enabled, at-home treatments for inflammatory skin conditions. The company's main product under development is the ClearPen™, a novel intradermal self-injection device designed to be used with their drug candidate, DT-001. This combination aims to provide a fast-acting, at-home solution for moderate to severe inflammatory acne lesions. The goal is to replicate the effects of intralesional triamcinolone acetonide injections, a treatment recommended by the American Academy of Dermatology, and shift this standard of care from a clinical setting into the patient's hands. By controlling the dosage, depth, and volume of the injection, the ClearPen™ is intended to empower patients to safely manage their condition at home. The products are currently investigational and have not been approved by the FDA. As a venture capital-backed company, Indomo has secured significant funding to support its clinical trials and product development. It raised $25 million in a Series B funding round on October 30, 2025, with investors including Foresite Capital, Polaris Partners, and Atomic. The company has a team with expertise in drug delivery, consumer health, telehealth, and medical devices.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2021
Headquarters
United States
Employees
9
Open positions
None listed
Dealroom signal
0.0/100
Industry
Health
Sector
Health, Dermatology, Inflammatory Diseases
Business model
Manufacturing
Client focus
b2b

Funding history

1 recorded event

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
EARLY VC✓Equity / VC Oct 2025 $25M $100M Foresite Capital · Atomic · Polaris Partners ↗
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Growth signals

Dermatheory website traffic

Latest recorded traffic for Dermatheory is 1.2K monthly website visits, up 9.1% over the last three months. Dermatheory's team grew 50% over the past year.

Latest monthly visits1.2K 3-month web change+9.1% 1-year team growth+50%
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Similar companies

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

3 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A3 investors entered at this stage

Team profiled 2 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇺🇸 United States100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Dermatheory on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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