About Direct Derm
Direct Derm is a company based in Palo Alto (United States) founded in 2010.. Direct Derm has raised $240 thousand across 2 funding rounds from investors including Decathlon Capital Partners. The company has 3 employees as of December 31, 2023. Direct Derm offers products and services including Online Consultation Platform, Acne Treatment, and Laser Services. Direct Derm operates in a competitive market with competitors including Curology, Piction Health, SkyMD, First Derm and DermLink, among others.
- Headquarter Palo Alto, United States
- Employees 3 as on 31 Dec, 2023
-
Sectors
Healthcare
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Direct Dermatology Inc.
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$240 K (USD)
in 2 rounds
-
Latest Funding Round
- Investors
-
Employee Count
3
as on Dec 31, 2023
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Direct Derm
Direct Derm offers a comprehensive portfolio of products and services, including Online Consultation Platform, Acne Treatment, and Laser Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Secure platform for uploading photos and receiving dermatology diagnoses.
Virtual guidance for acne management and treatment options.
Online recommendations for laser-based skin procedures if needed.
Unlock access to complete
Unlock access to complete
Funding Insights of Direct Derm
Direct Derm has successfully raised a total of $240K across 2 strategic funding rounds. 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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
-
First Round
First Round
(06 Dec 2011)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2020 | Amount | Series B - Direct Derm | Valuation | Decathlon Capital Partners |
|
| Dec, 2011 | Amount | Seed - Direct Derm | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Direct Derm
Direct Derm has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Decathlon Capital Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Private debt funds focused on direct lending, and revenue-based financing
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Direct Derm
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Direct Derm
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Direct Derm Comparisons
Competitors of Direct Derm
Direct Derm 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 Curology, Piction Health, SkyMD, First Derm and DermLink, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Customized prescription skincare and hair treatments are provided through consultations.
|
|
| domain | founded_year | HQ Location |
Provides an app for physician to visual search of skin conditions
|
|
| domain | founded_year | HQ Location |
Tele-dermatology platform is utilized by healthcare professionals for skin consultations.
|
|
| domain | founded_year | HQ Location |
Skin disorders are diagnosed through anonymous photo submissions to dermatologists.
|
|
| domain | founded_year | HQ Location |
Online consultations with dermatologists are facilitated through a digital platform.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about Direct Derm
When was Direct Derm founded?
Direct Derm was founded in 2010 and raised its 1st funding round 1 year after it was founded.
Where is Direct Derm located?
Direct Derm is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Is Direct Derm a funded company?
Direct Derm is a funded company, having raised a total of $240K across 2 funding rounds to date. The company's 1st funding round was a Seed of $240K, raised on Dec 06, 2011.
How many employees does Direct Derm have?
As of Dec 31, 2023, the latest employee count at Direct Derm is 3.
What does Direct Derm do?
Direct Derm was founded in 2010 in Palo Alto, United States, operating in the telemedicine sector focused on dermatology. Users describe skin concerns and upload photos through web or mobile apps. Evaluations are conducted by dermatologists, with detailed reports including diagnoses, treatment plans, and medication recommendations delivered within two days. Prescriptions are forwarded to pharmacies as required. Consultations are priced at 95, and select insurance plans are accepted.
Who are the top competitors of Direct Derm?
Direct Derm's top competitors include Curology, SkyMD and First Derm.
What products or services does Direct Derm offer?
Direct Derm offers Online Consultation Platform, Acne Treatment, and Laser Services.
Who are Direct Derm's investors?
Direct Derm has 1 investor. Key investors include Decathlon Capital Partners.