Product Reports Resources Pricing Login Book a demo
COMPANY PROFILE

Prolacta Bioscience

Explore full profile

Dedicated to improving the quality of life for the most fragile infants with 100% human milk-based nutrition

Duarte, United StatesFounded 1999Biotech & Life Sciences
Valuation $50–100M Last recorded · 2018
Headcount 100–500 Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Prolacta Bioscience and the history behind them.

About Prolacta Bioscience

Prolacta Bioscience operates as a life sciences company focused on the niche market of human milk-based nutrition for critically ill, premature infants in neonatal intensive care units (NICUs).

The company was founded in 1999 by Elena Medo, a serial entrepreneur who identified the unmet need for a human milk-based protein fortifier while running a medical device company that supplied breast pumps to NICUs. At the time, cow's milk protein was the standard for fortifying maternal milk, despite associated health risks for premature infants. Medo secured venture capital to develop the first human milk fortifier, initiating clinical trials to validate its efficacy. She departed in 2008. Since 2006, the company has been led by CEO Scott Elster, whose background in biosciences and finance, including roles at Baxter Healthcare and Deloitte & Touche, has guided the company's growth.

Prolacta's business model centers on processing donated human breast milk into specialized, high-calorie nutritional products. The company sources surplus milk from a network of affiliated milk banks and individual donors, who are compensated for their contributions. This milk undergoes rigorous testing—including for drugs, adulterants, and viruses—and is processed in what the company describes as pharmaceutical-grade facilities. The finished products are then sold to hospitals for in-patient use, with costs often covered by medical insurance or absorbed by the hospital, which may see net savings from reduced patient complications.

The core of Prolacta's offering is its line of 100% human milk-based fortifiers, such as Prolact+ H2MF®, designed to be added to a mother's own milk or donor milk to increase protein and caloric content for very low birth weight infants. Clinical studies have indicated that an exclusive human milk diet using Prolacta's products can lower mortality and reduce the incidence of serious conditions like necrotizing enterocolitis (NEC) compared to diets using cow milk-based products. Recently, Prolacta has expanded its product line, gaining FDA approval in February 2025 for Surgifort®, the first human milk-based fortifier specifically for term infants recovering from gastroschisis surgery.

The company is also venturing into therapeutics, leveraging its expertise in human milk science. A current focus is the development of a drug combining human milk oligosaccharides and beneficial bacteria to restore the gut microbiome in patients who have undergone stem cell transplants, with a Phase 2a clinical trial underway. Prolacta has raised significant capital to fuel its expansion and research, with total funding reported between $83.6 million and $98.7 million.

Source: Dealroom company data

At a glance

Status
Operational
Founded
1999
Headquarters
Duarte, United States
Employees
326
Open positions
3
Dealroom signal
70.8/100
Industry
Health
Sub-industry
BioTechnology
Sector
Biotech & Life Sciences, Charity, Biotechnology, Nutrition, Sustainable Development Goals, Biotech and Pharma, Hard Tech, Food as Medicine, DT and LS, science-based
Business model
Manufacturing
Client focus
b2c

Funding history

7 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
EARLY VCOther financing May 2018 $8.9M $36M Undisclosed —
LATE VCOther financing Dec 2016 $35M $140M Essex Woodlands Health Ventures · Aisling Capital · EW Healthcare Partners · Health Evolution Partners —
Showing the latest 2 of 7 recorded eventsBook a demo for the full funding history →

Growth signals

Prolacta Bioscience website traffic

Latest recorded traffic for Prolacta Bioscience is 33K monthly website visits, down 13.2% over the last three months. Prolacta Bioscience's team grew 1.9% over the past year.

Latest monthly visits33K 3-month web change-13.2% 1-year team growth+1.9%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

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

Investors

12 investors on the cap table

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

Series A5 investors entered at this stage

  • Mercury Fund
  • Funk Ventures
  • Essex Woodlands Health Ventures
  • Aisling Capital
  • Health Evolution Partners

Series B and later7 investors entered at this stage

  • Alta Partners
  • PhillipCapital
  • Draper Associates
  • Arcturus Capital
  • Gideon Hixon Fund
  • Frontier Venture Capital
  • EW Healthcare Partners
Team profiled 17 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 7 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
6 countries with
team presence
🇺🇸 United States97%
🇦🇪 United Arab Emirates0.9%
🇩🇪 Germany0.9%
🇧🇪 Belgium0.4%
🇦🇺 Australia0.4%
Top 5 of 6 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Prolacta Bioscience 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

See Prolacta Bioscience’s full profile on Dealroom

Request a free trial to see the complete deal history, financials, people graph and growth signals.

Takes under a minute. Already use Dealroom? Log in.