Qlaris Bio

United States Founded: 2019 • Age: 7 yrs
AI-based technology is developed for treating ophthalmic diseases.

About Qlaris Bio

Qlaris Bio is a Healthcare company based in United States founded in 2019 by Thurein Htoo. AI-based technology is developed for treating ophthalmic diseases. Qlaris Bio has raised $58.62 million across 4 funding rounds from investors including Mayo Clinic, New Leaf Venture Partners and abrdn. Its chief executive, as recorded, is Thurein Htoo. Qlaris Bio offers products and services including QLS-111. Its focus areas include Life Sciences, Ophthalmology, Drugs and Glaucoma. Its legal entity is Qlaris Bio, Inc. Its competitors include TearClear, Aria Pharmaceuticals and Visiox Pharma; 3 of its 3 listed competitors have raised funding.

Company details

Qlaris Bio was founded in 2019 in the United States within the biotechnology sector. AI-based technology is utilized by the company to address ophthalmic diseases. A joint venture is maintained with Mayo Clinic and nference to support development efforts. The lead candidate, QLS-101, is advanced in the preclinical stage for managing intraocular pressure disturbances, a sight-threatening progressive rare disease in pediatrics.

  • Headquarters United States
  • Founders Thurein Htoo
  • Sectors
    Healthcare
  • Website qlaris.bio
  • Social LinkedIn
  • Legal Name Qlaris Bio, Inc.
Operational Areas
Key Metrics
  • Total Equity Funding
    $58.62M (USD)

    in 4 rounds

  • Latest Funding Round
    $3.95M (USD), Series B

    Jun 2026

  • Investors

Products & Services of Qlaris Bio

Qlaris Bio offers a comprehensive portfolio of products and services, including QLS-111.

QLS-111
Therapeutic Drug

Lowers intraocular pressure for glaucoma and ocular hypertension.

Funding Insights of Qlaris Bio

Qlaris Bio has successfully raised a total of $58.62M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $3.95 million completed in June 2026. 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 $58.62M
  • Total Rounds 4
  • Last Round Series B β€” $3.95M
  • First Round $25M

    (Aug 2019)

  • Investors Count 5

All 4 funding rounds of Qlaris Bio with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2026$3.95MSeries B––
–
Nov 2025$5.64MSeries B––
–
Apr 2024$24.03MSeries B–Canaan, New Leaf Venture Partners
Aug 2019$25MSeries A–Canaan, New Leaf Venture Partners
Valuation history

5 investors in total: 5 institutional.

Investors in Qlaris Bio

Qlaris Bio has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Mayo Clinic, New Leaf Venture Partners and abrdn.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Canaan is recognized as an early-stage venture capital firm.
1987canaan.comSan Francisco, United States
Stage-agnostic investments in US life sciences are managed.
2005nlvpartners.comNew York, United States
Multiple sectors are invested in by abrdn's private equity fund.
1825abrdn.comEdinburgh, United Kingdom
Venture capital firm focused on aerospace, biopharma, consumer, and multiple sectors
correlationvc.comSan Francisco, United States
General medical clinics are operated throughout the United States.
1864mayoclinic.orgUnited States
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Investor details for Qlaris Bio

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People of Qlaris Bio

21 people are tracked at Qlaris Bio (6 in leadership, 13 in board & advisors, 2 in team).

NameRoleGroup
Thurein Htoo
Co-Founder & CEOLeadership
Barbara Wirostko
Chief Medical Officer & Co-FounderLeadership
Barbara Wirostko MD, FARVO
Co-Founder and Chief Medical OfficerLeadership
David Neafus
CFOLeadership
Lisa Brandano
Executive Director, Clinical OperationsLeadership
Uttio Roy Chowdhury
Director, Translational ResearchLeadership
Adrienne Graves
DirectorBoard & advisors
Shan Lin
Scientific AdvisorBoard & advisors
Alon Harris
Scientific AdvisorBoard & advisors
Janet Serle
Scientific AdvisorBoard & advisors
Wende Hutton
DirectorBoard & advisors
Ron Hunt
DirectorBoard & advisors
Andrew Danielsen
DirectorBoard & advisors
Michael Fautsch
Scientific AdvisorBoard & advisors
Peter Farina
Scientific AdvisorBoard & advisors
Carol Toris
Scientific AdvisorBoard & advisors
Dan Stamer
Scientific AdvisorBoard & advisors
Alex Huang
Scientific AdvisorBoard & advisors
Vicente Anido
Strategic AdvisorBoard & advisors
Laura Rykard
Executive AssistantTeam

1 more people are available in the full profile.

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Timeline of Qlaris Bio

3 dated milestones of Qlaris Bio across 7 years, from founding to its latest funding, stage changes and deals.

  1. Founded Qlaris Bio is founded.
  2. Funding First funding round of $25.0M.
  3. Funding Latest funding round, Series B, of $3.9M.

Competitors of Qlaris Bio

Qlaris Bio has 3 listed competitors in our database, 3 of them funded. They include TearClear, Aria Pharmaceuticals and Visiox Pharma.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
tearclear.com2015Copley Township, United States$31.98M
Filter technology for preservative-free ophthalmic drugs is developed.
ariapharmaceuticals.com2015Palo Alto, United States$14.31M
Develops innovative drug technologies for multiple diseases.
visioxpharma.com2021Tarrytown, United States$7M
Therapeutics for ophthalmic diseases including glaucoma are developed.
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Detailed competitors of Qlaris Bio

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Web traffic of Qlaris Bio

The website of Qlaris Bio (qlaris.bio) receives about 1.6K visits a month.

  • Monthly visits
    1.6K

    ▼ 24.4% vs previous month

Top companies in Ophthalmology

3 companies that operate in the same segment as Qlaris Bio (Ophthalmology) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Developer of a wide range of eye care products
1945Fort Worth, Texas, United StatesUSD 171.61 MUSD 9.64 B25,600
Genetic medicines are developed by 4DMT for transformative therapies.
2013Emeryville, California, United StatesUSD 186.59 MUSD 85.21 M227
Developer of antibodies to treat complement-mediated neurodegenerative diseases
2011San Francisco, California, United StatesUSD 256 M100
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Related news about Qlaris Bio

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Frequently Asked Questions about Qlaris Bio

Qlaris Bio was founded in 2019.

Qlaris Bio is headquartered in United States.

Thurein Htoo is the CEO of Qlaris Bio, as recorded in our data. They have also founded this company.

Qlaris Bio is a funded company, having raised a total of $58.62M across 4 funding rounds to date. The company's 1st funding round was a Series A of $25M, raised on Aug 2019.

Qlaris Bio was founded in 2019 in the United States within the biotechnology sector. AI-based technology is utilized by the company to address ophthalmic diseases. A joint venture is maintained with Mayo Clinic and nference to support development efforts. The lead candidate, QLS-101, is advanced in the preclinical stage for managing intraocular pressure disturbances, a sight-threatening progressive rare disease in pediatrics.

Qlaris Bio's top competitors include Visiox Pharma, TearClear and Aria Pharmaceuticals.

Qlaris Bio offers QLS-111.

Qlaris Bio has 5 investors. Key investors include Mayo Clinic, New Leaf Venture Partners, abrdn, Canaan, and Correlation Ventures.

Qlaris Bio operates through Qlaris Bio, Inc..

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