Sol-Gel Technologies

United States Founded: 1998 • Age: 28 yrs Listed
Developing topical drug products for the treatment of rosacea, acne and interdigital tinea pedis.

About Sol-Gel Technologies

Sol-Gel Technologies is a publicly listed company based in United States founded in 1998 by Alon Seri-Levy and David Avnir. Developing topical drug products for the treatment of rosacea, acne and interdigital tinea pedis. Sol-Gel Technologies has raised $9 million across 8 funding rounds from investors including National Science Foundation. The company has 34 employees. Sol-Gel Technologies has completed 1 acquisition, including Patidegib. Its chief executive, as recorded, is Alon Seri-Levy. Its focus areas include Life Sciences, Dermatology, Drugs and Aesthetics. Its competitors include Revance Therapeutics, Dermavant and SkinMedica; 3 of its 3 listed competitors have raised funding.

Company details

Sol-Gel is a clinical-stage specialty pharma focused on developing topical dermatological drug products. Its drug pipeline includes VERED (Phase 2), a topical encapsulated benzoyl peroxide cream for the treatment of papulopustular rosacea; TWIN (Phase 2), a non-antibiotic topical cream and SIRS-T (PreclinicalPhase 1), a topical encapsulated tretinoin cream for the treatment of acne vulgaris E-06 (preclinicalphase 1), a cream formulation of a new fixed-dose combination, containing an antifungal agent and a mid-potency steroid for the treatment of symptomatic c(athletes foot). All its products are based on its proprietary microencapsulation delivery system.

  • Headquarters United States
  • Employees 34
  • Founders Alon Seri-Levy, David Avnir
  • Stage Public
  • Sectors
    Healthcare
  • Website sol-gel.com
  • Social LinkedIn
  • Legal Name Sol-Gel Technologies Ltd.
Operational Areas
Key Metrics
  • Annual Revenue
    $19.39 M (USD)
    68.04
    as on Dec 31, 2025
  • Net Profit
    -$6.13 M (USD)
    42.09
    as on Dec 31, 2025
  • EBITDA
    -$7.48 M (USD)
    36.48
    as on Dec 31, 2025
  • Total Equity Funding
    $9M (USD)

    in 8 rounds

  • Latest Funding Round
    $5M (USD), Post-IPO

    Apr 2020

  • Investors
  • Employee Count
    34
  • Investments & Acquisitions

Funding Insights of Sol-Gel Technologies

Sol-Gel Technologies has successfully raised a total of $9M across 8 strategic funding rounds. The most recent funding activity was a Post-IPO round of $5 million completed in April 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.

  • Total Funding $9M
  • Total Rounds 8
  • Last Round Post-IPO β€” $5M
  • First Round $149,752

    (Oct 2007)

  • Investors Count 1

All 8 funding rounds of Sol-Gel Technologies with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Apr 2020$5MPost-IPO––
–
May 2009$524,423Grant––
Jan 2009$99,103Grant––
Nov 2008$9MSeries A––
–
Nov 2008$99,103Grant––
Jan 2008$674,175Grant––
Dec 2007$524,423Grant––
Oct 2007$149,752Grant––
Valuation history

1 investors in total: 1 institutional.

Investors in Sol-Gel Technologies

Sol-Gel Technologies has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include National Science Foundation.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
A government-backed foundation providing seed-stage investments to support small businesses.
1950nsf.govArlington, United States
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People of Sol-Gel Technologies

17 people are tracked at Sol-Gel Technologies (6 in leadership, 11 in team); the tracked headcount is 34.

NameRoleGroup
Alon Seri-Levy
Co-Founder & CEOLeadership
David Avnir
Co-FounderLeadership
John Vieira
U.S. Head of CommercializationLeadership
Itzik Yosef
Chief Operating OfficerLeadership
Ofra Levy-Hacham
VP Clinical and Regulatory AffairsLeadership
Orit Zur
Head Of HRLeadership
Hila Hakak
Alliance ManagerTeam
Evgenia Marchenko
RA ManagerTeam
Debbie Weiss
Documentation Center AdministratorTeam
Bsc Dana Green
Operations ManagerTeam
Ina Tulchinsky Mazor
Clinical Research AssociateTeam
Orit Asseraf
Supply Chain ManagerTeam
Gaby Peleg
Administration ManagerTeam
Luba Katz
Clinical Research AssociateTeam
Gadi Kornfeld
R DTeam
Shevik Packman
Administrative ManagerTeam
Ronit Yafeh
RA Special Project ManagerTeam
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IPO & Listings of Sol-Gel Technologies

Sol-Gel Technologies is a publicly listed company on the NASDAQ with ticker symbol SLGL in USA, operating in the Health technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date23 Jan 2018
  • Listed onNASDAQ: SLGL
  • Listed entitySol-Gel Technologies Ltd.
  • Exchange sectorHealth technology
  • ISINIL0011417206
  • Share price$68.30 (-5.66% on the day) · 2026-10-13
  • Market capitalisation$223.6M
  • EPS (diluted, trailing year)$-5.64
  • Volume (last session)33,736

Financials of Sol-Gel Technologies

Exchange-reported annual figures
YearRevenueNet incomeEBITDA
2025$19.4M-$6.1M-$7.5M
2024$11.5M-$10.6M-$11.8M
2023$1.6M-$27.2M-$29.0M
2022$3.9M-$14.9M-$15.7M
2021$31.3M$3.2M$3.3M
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Detailed financial statements for Sol-Gel Technologies

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Investments & Acquisitions by Sol-Gel Technologies

Sol-Gel Technologies has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Patidegib.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Cancer therapy drug development services are provided by Patidegib.
0Jan 2023β€’β€’β€’β€’
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Timeline of Sol-Gel Technologies

5 dated milestones of Sol-Gel Technologies across 25 years, from founding to its latest funding, stage changes and deals.

  1. Founded Sol-Gel Technologies is founded.
  2. Funding First funding round of $150K.
  3. IPO Lists on the stock exchange (IPO).
  4. Funding Latest funding round, Post-IPO, of $5.0M.
  5. Acquisition Acquires Patidegib.

Competitors of Sol-Gel Technologies

Sol-Gel Technologies has 3 listed competitors in our database, 3 of them funded. They include Revance Therapeutics, Dermavant and SkinMedica.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
revance.com2002Newark, United States$154.56M597
Neurotoxin products for aesthetic and therapeutic skin treatments are developed.
dermavant.com2016Phoenix, United States$160M
Small molecule therapeutics for inflammatory skin diseases are developed.
skinmedica.com1999Carlsbad, United States$94.24M
Skin care products are developed and manufactured by SkinMedica.
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Web traffic of Sol-Gel Technologies

The website of Sol-Gel Technologies (sol-gel.com) receives about 2.1K visits a month.

  • Monthly visits
    2.1K

    ▼ 4.8% vs previous month

Similar websites

Websites whose visitors overlap most with Sol-Gel Technologies. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
capsulution.com
capsulution.com
100%
#3,311,802–
hybridplastics.com
100%
1.8K#6,871,765View details
flamel.com
100%
View details
atdbio.com
100%
29.3K#886,988View details
firstnano.com
100%
View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Top companies in Dermatology

3 companies that operate in the same segment as Sol-Gel Technologies (Dermatology) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Neurotoxin products for aesthetic and therapeutic skin treatments are developed.
2002Newark, New Jersey, United StatesUSD 154.56 MUSD 234.04 M597
Diagnostic tests for cancer prognosis are provided.
2008Friendswood, Texas, United StatesUSD 61.97 MUSD 344.23 M761
Adhesive patch biopsies for skin cancer detection are provided.
1996San Diego, California, United StatesUSD 24.37 MUSD 15.3 M259
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Related news about Sol-Gel Technologies

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Frequently Asked Questions about Sol-Gel Technologies

Sol-Gel Technologies was founded in 1998 and raised its 1st funding round 9 years after it was founded.

Sol-Gel Technologies is headquartered in United States.

Alon Seri-Levy is the CEO of Sol-Gel Technologies, as recorded in our data. They have also founded this company.

Sol-Gel Technologies is a funded company, having raised a total of $9M across 8 funding rounds to date. The company's 1st funding round was a Grant of $149.75K, raised on Oct 2007.

Sol-Gel Technologies has 34 employees.

Annual revenue of Sol-Gel Technologies is $19.39M as on Dec 31, 2025.

Sol-Gel is a clinical-stage specialty pharma focused on developing topical dermatological drug products. Its drug pipeline includes VERED (Phase 2), a topical encapsulated benzoyl peroxide cream for the treatment of papulopustular rosacea; TWIN (Phase 2), a non-antibiotic topical cream and SIRS-T (PreclinicalPhase 1), a topical encapsulated tretinoin cream for the treatment of acne vulgaris E-06 (preclinicalphase 1), a cream formulation of a new fixed-dose combination, containing an antifungal agent and a mid-potency steroid for the treatment of symptomatic c(athletes foot). All its products are based on its proprietary microencapsulation delivery system.

Sol-Gel Technologies's top competitors include Revance Therapeutics, Dermavant and SkinMedica.

Yes, Sol-Gel Technologies is publicly traded on NASDAQ under the ticker symbol SLGL.

Sol-Gel Technologies has made 1 acquisition, including Patidegib.

Sol-Gel Technologies has 1 investor. Key investors include National Science Foundation.

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