TearSolutions

Charlottesville, United States Founded: 2013 • Age: 13 yrs
Topical therapeutics for the treatment of dry eye disease

About TearSolutions

TearSolutions is a Healthcare company based in Charlottesville (United States) founded in 2013. Topical therapeutics for the treatment of dry eye disease. TearSolutions has raised $44.07 million across 12 funding rounds from investors including Santen Pharmaceuticals, VTC Innovation Fund and Pharmstandard. TearSolutions offers products and services including Lacripep. Its focus areas include Life Sciences, Ophthalmology, Drugs and Dry-Eye Diseases. Its competitors include Oyster Point Pharmaceuticals, Retrotope and Lineage Cell Therapeutics; 3 of its 3 listed competitors have raised funding.

Company details

TearSolutions develop topical therapeutics for the treatment of dry eye disease. Its lead product is a proprietary synthetic fragment of the protein lacritin. The company claims that Lacripep is equipotent with natural lacritin and can alleviate dry-eye symptoms for up to 16 hours. Its currently in phase I clinical trials.

  • Headquarters Charlottesville, United States
  • Sectors
    Healthcare
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website tearsolutions.com
  • Social LinkedIn Facebook
Operational Areas
Key Metrics
  • Total Equity Funding
    $44.07M (USD)

    in 12 rounds

  • Latest Funding Round
    $517K (USD), Series B

    Oct 2025

  • Investors

Products & Services of TearSolutions

TearSolutions offers a comprehensive portfolio of products and services, including Lacripep.

Lacripep
Peptide Therapy

Topical treatment to restore tear film and heal ocular surfaces.

Funding Insights of TearSolutions

TearSolutions has successfully raised a total of $44.07M across 12 strategic funding rounds. The most recent funding activity was a Series B round of $517 thousand completed in October 2025. 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 $44.07M
  • Total Rounds 12
  • Last Round Series B β€” $517,000
  • First Round $390,000

    (Jun 2014)

  • Investors Count 5

Latest 10 of 12 funding rounds of TearSolutions with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Oct 2025$517,000Series B––
–
Sep 2024$12.71MSeries B––
–
Sep 2023$390,000Series B––
–
Jul 2021$5.62MSeries B––
–
Feb 2020$1.5MSeries B––
–
Apr 2019$6.45MSeries B––
–
Dec 2017$8.5MSeries B––
May 2017$3.41MSeries A––
–
Jan 2017$1.08MSeries B––
–
Nov 2015$3MSeries A––
Valuation history

5 investors in total: 5 institutional.

Investors in TearSolutions

TearSolutions has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Santen Pharmaceuticals, VTC Innovation Fund and Pharmstandard.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
vtcinnovationfund.com
VC firm investing in seed & early stage companies in the US
launchcapital.comNew Haven, United States
Early-stage VC firm funding companies in the US
cit.orgHerndon, United States
Produces high-quality generic and biosimilar pharmaceutical products.
2003pharmstd.comMoscow, Russia
Pharmaceutical products for ophthalmology and rheumatology diseases are manufactured.
1890santen.comOsaka, Japan
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Investor details for TearSolutions

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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People of TearSolutions

3 people are tracked at TearSolutions (3 in leadership).

NameRoleGroup
Colin M. Rolph
Chief Financial OfficerLeadership
Anil Asrani
President and CEOLeadership
James Cook
Chief Development OfficerLeadership
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Complete people profiles for TearSolutions

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Timeline of TearSolutions

3 dated milestones of TearSolutions across 12 years, from founding to its latest funding, stage changes and deals.

  1. Founded TearSolutions is founded.
  2. Funding First funding round of $390K.
  3. Funding Latest funding round, Series B, of $517K.

Competitors of TearSolutions

TearSolutions has 3 listed competitors in our database, 3 of them funded. They include Oyster Point Pharmaceuticals, Retrotope and Lineage Cell Therapeutics.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
oysterpointrx.com2015Princeton, United States$121.61M303
Gene therapies for ophthalmological diseases are developed.
retrotope.com2006Los Altos, United States$58.58M
Therapeutics for neurodegenerative and ophthalmological diseases are developed.
lineagecell.com1990Carlsbad, United States$45.8M75
Lineage Cell Therapeutics is focused on developing allogeneic cell therapies.
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Detailed competitors of TearSolutions

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Web traffic of TearSolutions

The website of TearSolutions (tearsolutions.com) receives about 1.1K visits a month.

  • Monthly visits
    1.1K

    ▼ 17.4% vs previous month

Top companies in Ophthalmology

3 companies that operate in the same segment as TearSolutions (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 Tearsolutions

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Frequently Asked Questions about TearSolutions

TearSolutions was founded in 2013 and raised its 1st funding round 1 year after it was founded.

TearSolutions is headquartered in Charlottesville, United States. It is registered at Charlottesville, Virginia, United States.

TearSolutions is a funded company, having raised a total of $44.07M across 12 funding rounds to date. The company's 1st funding round was a Series A of $3M, raised on Jun 2014.

TearSolutions develop topical therapeutics for the treatment of dry eye disease. Its lead product is a proprietary synthetic fragment of the protein lacritin. The company claims that Lacripep is equipotent with natural lacritin and can alleviate dry-eye symptoms for up to 16 hours. Its currently in phase I clinical trials.

TearSolutions's top competitors include Lineage Cell Therapeutics, Oyster Point Pharmaceuticals and Retrotope.

TearSolutions offers Lacripep.

TearSolutions has 5 investors. Key investors include Santen Pharmaceuticals, VTC Innovation Fund, Pharmstandard, LaunchCapital, and Center for Innovative Technology.

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