About miraDry
miraDry is a company based in Newport Beach (United States) founded in 2010 was acquired by 1315 Capital in May 2021.. miraDry has raised $14.93 million across 3 funding rounds from investors including Sientra, Aisling Capital and Domain Associates. miraDry operates in a competitive market with competitors including Zeno Corporation, Therative, ThermoTek, CERAGEM and Kelvi, among others.
- Headquarter Newport Beach, United States
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$14.93 M (USD)
in 3 rounds
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Latest Funding Round
$2.46 M (USD), Series A
Feb 09, 2017
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Investors
Sientra
& 6 more
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Employee Count
Employee Count
- Acquired by
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Funding Insights of miraDry
miraDry has successfully raised a total of $14.93M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $2.46 million completed in February 2017. 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 3
- Last Round Series A — $2.5M
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First Round
First Round
(12 Feb 2014)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2017 | Amount | Series A - miraDry | Valuation |
investors |
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| Jan, 2017 | Amount | Series D - miraDry | Valuation |
investors |
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| Feb, 2014 | Amount | Series D - miraDry | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in miraDry
miraDry has secured backing from 7 investors, including venture fund investors. Prominent investors backing the company include Sientra, Aisling Capital and Domain Associates. 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 |
|---|---|---|---|---|
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PE firm investing in the US
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Founded Year | Domain | Location | |
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Life science & tech focused VC firm investing in the US
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Founded Year | Domain | Location | |
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Venture capital and private equity investment firm
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by miraDry
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - miraDry
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Miradry Comparisons
Competitors of miraDry
miraDry 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 Zeno Corporation, Therative, ThermoTek, CERAGEM and Kelvi, 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 |
Zeno Corporation develops devices for thermal treatment of acne.
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| domain | founded_year | HQ Location |
Technology news site covering innovations and industry reactions.
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| domain | founded_year | HQ Location |
Thermoelectric, Thermal Management, and Medical Therapy Devices
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| domain | founded_year | HQ Location |
It functions as an automatic thermal massager.
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| domain | founded_year | HQ Location |
A cryo/thermotherapy device for athletic recovery is developed by Kelvi.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Miradry
Frequently Asked Questions about miraDry
When was miraDry founded?
miraDry was founded in 2010 and raised its 1st funding round 4 years after it was founded.
Where is miraDry located?
miraDry is headquartered in Newport Beach, United States. It is registered at Newport Beach, California, United States.
Is miraDry a funded company?
miraDry is a funded company, having raised a total of $14.93M across 3 funding rounds to date. The company's 1st funding round was a Series D of $10M, raised on Feb 12, 2014.
What does miraDry do?
MiraDry was founded in 2010 and is based in Newport Beach, United States. The company operates in the medical device sector, focusing on noninvasive treatments for hyperhidrosis. The miraDry system, cleared by the FDA, is used to permanently reduce underarm sweat by targeting and eliminating sweat and odor glands. Local anesthesia is applied by healthcare providers prior to device use on marked areas.
Who are the top competitors of miraDry?
miraDry's top competitors include Kelvi, Temprian Therapeutics and ThermoTek.
Who are miraDry's investors?
miraDry has 7 investors. Key investors include Sientra, Aisling Capital, Domain Associates, Morgenthaler, and RusnanoMedInvest.