How Much Did Cytrellis Raise?
Funding & Key Investors

Cytrellis, a pioneer in the medical technology sector, has successfully secured a total of $86M in capital to accelerate its mission of transforming aesthetic medicine. This trajectory of financial backing, culminating in a $50M strategic investment, underscores the market confidence in the company's proprietary technology designed to address skin laxity without the need for invasive surgical procedures.

The company's growth story is marked by a series of disciplined capital raises, beginning with its Series A in 2015 and progressing through significant Series B and C rounds. This consistent influx of investment has provided the necessary runway to refine its non-surgical skin rejuvenation platforms, positioning Cytrellis as a formidable player in the competitive aesthetic device landscape.

What is Cytrellis?

Cytrellis
ManufacturingMedical Devices & Equipment

Based in Woburn, Massachusetts, Cytrellis operates at the intersection of advanced engineering and dermatology. The company has developed a novel class of aesthetic devices that utilize mechanical energy to remove sagging skin associated with aging. By offering a non-surgical alternative that avoids the risks of scarring and prolonged recovery times, Cytrellis is effectively disrupting the traditional cosmetic surgery market. Their technology is engineered to provide measurable, natural-looking results, catering to a growing demographic of patients seeking minimally invasive aesthetic solutions.

How much funding has Cytrellis raised?

Cytrellis has raised a total of $86M across 4 funding rounds:

2015

Series A

$7.1M

2018

Series B

$28.5M

2020

Debt

$350K

2021

Series C

$50M

Series A (2015): $7.1M with participation from ARCH Venture Partners

Series B (2018): $28.5M led by ARCH Ventures, Biomatics Capital, Partner Fund Management, and Merz Venture Initiative

Debt (2020): $350K supported by PPP

Series C (2021): $50M featuring PFM Health Sciences, Sands Capital, D1 Capital Partners, and ARCH Venture Partners

Key Investors in Cytrellis

ARCH Venture Partners

ARCH Venture Partners is a leading early-stage venture capital firm that creates and invests in life sciences and advanced technology companies, often co-founding startups with scientists and entrepreneurs to commercialize innovations from universities, corporate R&D groups, and national laboratories.

Biomatics Capital

Biomatics Capital is a for-profit venture firm focused on investing in transformative data-enabled innovations at the intersection of health care and technology, aiming to support superior therapeutics and diagnostics.

PFM Health Sciences

Founded in 2004, PFM Health Sciences is a leading healthcare investment advisor currently managing approximately $2 billion in public and private investments.

What's next for Cytrellis?

With the recent infusion of capital, Cytrellis is well-positioned to scale its commercial operations and expand its market footprint. The strategic focus will likely shift toward broader clinical adoption and the potential expansion of its product portfolio to address additional dermatological indications. As the company transitions from a development-heavy phase to a commercial scaling stage, the continued support from institutional investors will be critical in navigating the regulatory and competitive complexities of the global aesthetic market. Future milestones will likely center on increasing physician training programs and enhancing the accessibility of their proprietary technology to clinics worldwide.

See full Cytrellis company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Manufacturing industry

FurnitureManufacturingRetail
Industrial Machinery & EquipmentManufacturing
ManufacturingPulp & PaperPlastic, Packaging & Containers
ManufacturingPlastic, Packaging & Containers

Frequently Asked Questions Regarding Cytrellis Financial Insights

What are the most recent funding rounds that Cytrellis has completed, and what were the funding rounds?
Cytrellis has recently completed 3 funding rounds: Series C on Sep 21, 2021, Debt on Apr 15, 2020, Series B on Jun 5, 2018.
What is the total amount of funding Cytrellis has raised to date?
Cytrellis has raised a total of $86M in funding to date.
How many funding rounds has Cytrellis completed?
Cytrellis has completed 3 funding rounds.
How much funding did Cytrellis raise in its most recent funding round?
Cytrellis raised $50M in its most recent funding round.
Who are the lead investors in Cytrellis's latest funding round?
The lead investor in Cytrellis's latest funding round was PFM Health Sciences. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Cytrellis's history?
The largest funding round in Cytrellis's history was $50M.
See more information about Cytrellis