How Much Did ProSolus Raise?
Funding & Key Investors

ProSolus Pharmaceuticals has secured significant enterprise-level funding, with a recent major strategic investment contributing to its total capital of $637K. The company's latest financial infusion, dated March 30, 2021, underscores its ongoing development and expansion within the pharmaceutical sector. This latest backing follows previous financial activities, indicating a consistent trajectory of growth and strategic financial management.

What is ProSolus?

ProSolus
ManufacturingPharmaceuticalsBusiness Services

ProSolus Pharmaceuticals is a specialized pharmaceutical company dedicated to the research, development, and global manufacturing of transdermal and topical patch technologies. Their innovative product range addresses critical therapeutic areas, including pain management, cardiovascular conditions, and neurological disorders. Operating from a state-of-the-art facility in Miami, Florida, ProSolus is committed to providing bespoke solutions for its clientele, leveraging advanced drug delivery systems from formulation through to final packaging. The company actively collaborates with suppliers to refine and enhance its product offerings, ensuring a sophisticated and effective patient experience.

How much funding has ProSolus raised?

ProSolus has raised a total of $637K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$287K

Debt (2020): $350K with participation from PPP

Debt (2021): $287K led by PPP

Key Investors in ProSolus

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for ProSolus?

The substantial enterprise-level capital infusion positions ProSolus Pharmaceuticals for accelerated growth and enhanced research and development initiatives. This strategic backing is expected to fuel the expansion of their manufacturing capabilities and the advancement of their pipeline of transdermal and topical patch solutions. Future endeavors will likely focus on broadening their market reach, forging new strategic partnerships, and potentially exploring new therapeutic categories. The company's commitment to innovation in drug delivery systems suggests a forward-looking strategy aimed at solidifying its market leadership and delivering advanced healthcare solutions globally.

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Frequently Asked Questions Regarding ProSolus Financial Insights

What are the most recent funding rounds that ProSolus has completed, and what were the funding rounds?
ProSolus has recently completed 2 funding rounds: Debt on Mar 30, 2021, Debt on Apr 9, 2020.
What is the total amount of funding ProSolus has raised to date?
ProSolus has raised a total of $637K in funding to date.
How many funding rounds has ProSolus completed?
ProSolus has completed 2 funding rounds.
How much funding did ProSolus raise in its most recent funding round?
ProSolus raised $287K in its most recent funding round.
Who are the lead investors in ProSolus's latest funding round?
The lead investor in ProSolus's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in ProSolus's history?
The largest funding round in ProSolus's history was $350K.
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