About Droplette
Droplette is a company based in Boston (United States) founded in 2017 by Rathi Srinivas and Madhavi Gavini. Droplette has raised $39.5 million across 4 funding rounds from investors including Spark Capital, Amplifyher and Visible Ventures. The company has 66 employees as of December 31, 2022. Droplette offers products and services including Droplette Device, Collagen Boosting Hydrofiller Capsules, and Retinol Renewer Capsules. Droplette operates in a competitive market with competitors including ZIIP Beauty, Wethera, Skin Lord Co and CicaLux, among others.
- Headquarter Boston, United States
- Employees 66 as on 31 Dec, 2022
- Founders Rathi Srinivas, Madhavi Gavini
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Sectors
Healthcare
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Email
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Phone
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Website
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Social
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- Legal Name Droplette Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$39.5 M (USD)
in 4 rounds
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Latest Funding Round
$21.05 M (USD), Series B
Dec 02, 2021
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Investors
Spark Capital
& 4 more
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Employee Count
66
as on Dec 31, 2022
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Products & Services of Droplette
Droplette offers a comprehensive portfolio of products and services, including Droplette Device, Collagen Boosting Hydrofiller Capsules, and Retinol Renewer Capsules.
Patented tool for delivering serums deeply into skin layers.
Capsules that enhance skin hydration and reduce fine lines.
Formulas for improving skin texture and addressing dullness.
People of Droplette
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Funding Insights of Droplette
Droplette has successfully raised a total of $39.5M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $21.05 million completed in December 2021. 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 Droplette
Droplette has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Spark Capital, Amplifyher and Visible Ventures.
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Spark Capital is engaged in venture capital investments.
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Investments in early-stage businesses are made by Visible Ventures.
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Investor details for Droplette
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Investments & Acquisitions by Droplette
Investment portfolio details for Droplette
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Financial Statements - Droplette
Detailed financials for Droplette
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Droplette Comparisons
Peer comparison for Droplette
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- Named peers
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Competitors of Droplette
Droplette 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 ZIIP Beauty, Wethera, Skin Lord Co and CicaLux, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Skin care accessories are branded and distributed by ZIIP Beauty.
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An online beauty brand offering a range of natural skincare products.
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Operates a direct-to-consumer brand offering smart beauty devices.
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Specializes in wearable medical devices for scar care therapy solutions.
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Detailed competitors of Droplette
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Latest news on Droplette
Complete news archive for Droplette
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Frequently Asked Questions about Droplette
Droplette was founded in 2017.
Droplette is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Madhavi Gavini is the current CEO of Droplette. They have also founded this company.
Droplette is a funded company, having raised a total of $39.5M across 4 funding rounds to date.
As of Dec 31, 2022, the latest employee count at Droplette is 66.
Droplette was founded in 2017 and is based in Boston, United States. Operations focus on the skincare sector through provision of smart devices. The core product, a Droplette device, is engineered with fluid dynamics, piezoelectric effects, and Ficks laws of diffusion to generate micro-mists achieving injectable-level penetration. Integration with a mobile app allows skin health monitoring.
Droplette's top competitors include ZIIP Beauty, Wethera and Skin Lord Co.
Droplette offers Droplette Device, Collagen Boosting Hydrofiller Capsules, and Retinol Renewer Capsules.
Droplette has 5 investors. Key investors include Spark Capital, Amplifyher, Visible Ventures, Bolt, and MIT Alumni Angels.