DermTech

San Diego, United States Founded: 1996 • Age: 30 yrs Acquired By Constellation Alpha
Adhesive patch biopsies for skin cancer detection are provided.
Annual revenue $15.3M Latest available
Total funding $24.4M 6 rounds
Employees 259 Tracked headcount
Investors 3 Known backers
Products 2 Services tracked
Competitors 10 Brand Intelligence

About DermTech

DermTech is a company based in San Diego (United States) founded in 1996 was acquired by Constellation Alpha in March 2019. DermTech has raised $24.37 million across 6 funding rounds from investors including RTW Investments, Constellation Alpha and Jacob Hanoch. The company has 259 employees as of December 31, 2022. DermTech offers products and services including DermTech Melanoma Test and Smart Stickers. DermTech operates in a competitive market with competitors including Castle Biosciences, NeuMoDx, Molbio Diagnostics, Kryptos Biotechnologies and AMLo Biosciences, among others.

  • Headquarter San Diego, United States
  • Employees 259 as on 31 Dec, 2022
  • Stage Public
  • Sectors
    Healthcare
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Dermtech, Llc
Operational Areas
Healthcare → Biotechnology, Genomics & Life Sciences Research Unlock Sub-Sector Unlock Segment
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Healthcare → Biotechnology, Genomics & Life Sciences Research Unlock Sub-Sector Unlock Segment
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $15.3 M (USD)
    5
    as on Dec 31, 2023
  • Net Profit
    -$100.89 M (USD)
    14
    as on Dec 31, 2023
  • EBITDA
    -$103.74 M (USD)
    12
    as on Dec 31, 2023
  • Total Equity Funding
    $24.37 M (USD)

    in 6 rounds

  • Latest Funding Round
    $65 M (USD), Post-IPO

    Mar 13, 2020

  • Investors
  • Employee Count
    259

    as on Dec 31, 2022

  • Acquired by
    Constellation Alpha

    (Mar 18, 2019)

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Products & Services of DermTech

DermTech offers a comprehensive portfolio of products and services, including DermTech Melanoma Test and Smart Stickers.

Product name locked
Category locked
Primary

Non-invasive test to detect melanoma via genomic markers.

Product name locked
Category locked
Locked

Adhesive devices for sample collection in skin lesion analysis.

People of DermTech

Headcount 200-500
Employee Profiles 22
Board Members and Advisors 4
Employee Profiles
People
Stephanie Baseley
Director Of People Operations
People
Tracy McNeil
Regional Sales Manager
People
Kaleigh O'Brien
Clinical Research Associate Consultant
People
Olek G.
Senior Project Manager

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Board Members and Advisors
people
Mark Capone
Director

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Funding Insights of DermTech

DermTech has successfully raised a total of $24.37M across 6 strategic funding rounds. The most recent funding activity was a Post-IPO round of $65 million completed in March 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in DermTech

DermTech has secured backing from 3 investors, including venture fund and angel investors. Prominent investors backing the company include RTW Investments, Constellation Alpha and Jacob Hanoch.

All
Venture Fund
Angel
Investor Description Founded Year Domain Location
Life Sciences focused VC firm investing in the US
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Jacob Hanoch

-
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Venture capital firm focused on innovative healthcare companies
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Investor details for DermTech

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Investments & Acquisitions by DermTech

Investments
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Investment portfolio details for DermTech

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Financial Statements - DermTech

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Detailed financials for DermTech

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  • Profit trends
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Dermtech Comparisons

DermTech Primary company
Description
Adhesive patch biopsies for skin cancer detection are provid...
Location
San Diego, United States
Founded Year
1996
Annual Revenue
$15.3 M (USD)
Net Profit
-$100.89 M (USD)
EBITDA
-$103.74 M (USD)
Employees
259
As of 2022
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Peer comparison for DermTech

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Competitors of DermTech

DermTech operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Castle Biosciences, NeuMoDx, Molbio Diagnostics, Kryptos Biotechnologies and AMLo Biosciences, among others.

Company Name Domain Founded year HQ Location Description
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Precision diagnostic and prognostic tests are developed by Castle Biosciences.
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Developer of a platform for low cost molecular testing
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Point-of-care molecular platforms for infectious disease detection are developed.
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Point-of-care molecular diagnostics are enabled by Ultrafast Photonic PCR technology.
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Prognostic tests for early-stage melanoma detection are developed.
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Detailed competitors of DermTech

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Latest news on Dermtech

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Complete news archive for DermTech

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Frequently Asked Questions about DermTech

DermTech was founded in 1996 and raised its 1st funding round 16 years after it was founded.

DermTech is headquartered in San Diego, United States. It is registered at San Diego, California, United States.

DermTech is a funded company, having raised a total of $24.37M across 6 funding rounds to date.

As of Dec 31, 2022, the latest employee count at DermTech is 259.

Annual revenue of DermTech is $15.3M as on Dec 31, 2023.

DermTech was founded in 1996 in San Diego, United States. qPCR assays and diagnostic aids are developed for non-invasive analysis of skin samples to identify melanoma and other skin cancers. Cells from the outermost skin layer are captured using a proprietary adhesive patch applied directly to the patients skin. Gene expression levels in collected samples are then evaluated for diagnostic purposes in the dermatology sector.

DermTech's top competitors include Molbio Diagnostics, NeuMoDx and AMLo Biosciences.

DermTech offers DermTech Melanoma Test and Smart Stickers.

DermTech has 3 investors. Key investors include RTW Investments, Constellation Alpha, and Jacob Hanoch.

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