What is Thermi?
Thermi focuses on radio frequency technology to improve skin appearance and stimulate collagen production through controlled temperature procedures. Their versatile platform enables providers to address a range of skin concerns with safe and effective solutions. The company is committed to equipping healthcare providers with comprehensive clinical training, marketing support, and ongoing innovation to maintain high standards in patient care. Thermi targets healthcare providers seeking to integrate advanced aesthetic technology into their practices.
How much funding has Thermi raised?
Thermi has raised a total of $11M across 2 funding rounds:
Debt
$9M
Debt
$2M
Debt (2015): $9M with participation from Cypress Growth Capital LLC and Silicon Valley Bank
Debt (2015): $2M led by Cypress Growth Capital LLC
Key Investors in Thermi
Cypress Growth Capital LLC
Cypress Growth Capital provides royalty-based funding, offering flexible and non-dilutive growth capital for emerging companies, particularly in SaaS and tech-enabled services. Their model allows businesses to retain equity while accessing capital, with payments tied to revenue performance.
Silicon Valley Bank
Silicon Valley Bank offers a comprehensive suite of financial services including commercial and private banking, asset management, and investment services. Founded in 1983, SVB is a key financial partner for technology and innovation-focused companies.
What's next for Thermi?
The recent major strategic investment signifies a pivotal moment for Thermi, likely enabling the company to accelerate its product development, expand its market reach, and enhance its technological offerings. This infusion of capital, within the context of enterprise-level funding, suggests Thermi is poised for significant scaling and further innovation in the competitive aesthetic technology sector. The company's focus on supporting healthcare providers indicates a strategy centered on building strong partnerships and delivering value-added solutions.
See full Thermi company page
