Fundraising Fox

Veradermics

NYSE: MANE

West Hartford, US · Founded 2021 · Delaware corporation · 4 known investors

Veradermics is developing VDPHL01, an extended-release oral minoxidil tablet intended as a non-hormonal prescription treatment for pattern hair loss in women and men. The therapy is being evaluated in Phase 2 and Phase 3 clinical trials.

Founders & leadership

Veradermics was founded in 2021 by Reid Waldman.

RWReid Waldman
Reid WaldmanChief Executive Officer and Board Member30 Under 30 2024
TD
Tim DursoChief Technical Officer
DC
Dominic CarranoChief Financial Officer and Treasurer
MN
Mark NeumannChief Commercial and Strategy Officer
JW
John W. ChildsNamed on SEC filing
JG
Jane Grant-KelsNamed on SEC filing
VC
Vladimir CoricNamed on SEC filing
TD
Timothy DursoNamed on SEC filing

Investors · 4

Reported raises · per SEC filings

Form D private placements

$269.3M disclosed across 6 rounds · 2020–2026

$30MraisedMay 2026 · 2 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • PATRICK ENRIGHTDirector
  • DAVID FRIEDMANDirector
  • JOHN CHILDSDirector
  • JANE GRANT-KELSDirector
  • VLADIMIR CORICDirector
  • MICHAEL GRECOExecutive Officer
  • REID WALDMANExecutive Officer, Director
  • KATARINA PANCEDirector
  • MARK NEUMANNExecutive Officer
  • DOMINIC CARRANOExecutive Officer
  • TIM DURSOExecutive Officer
Offering amount
$30M
Amount sold
$30M
Sales commissions
$1.8M
Placement agents
JEFFERIES LLC, LEERINK PARTNERS LLC, CITIGROUP GLOBAL MARKETS INC., CANTOR FITZGERALD & CO., LIFESCI CAPITAL, NEEDHAM & COMPANY, LLC
First sale
May 2026
Incorporated
Corporation, Delaware, 2021
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$135MraisedOct 2025 · 40 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • Patrick EnrightDirector
  • Katarina PanceDirector
  • Amanda Birdsey-BensonDirector
  • John ChildsDirector
  • Vladimir CoricDirector
  • Jane Grant-KelsDirector
  • Reid WaldmanExecutive Officer, Director
Offering amount
$150M
Amount sold
$135M
First sale
Oct 2025
Incorporated
Corporation, Delaware, 2021
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$66.6MraisedDec 2024 · 40 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • Jane Grant-KelsDirector
  • Reid WaldmanExecutive Officer, Director
  • Amanda Birdsey-BensonDirector
  • Christopher EklundDirector
  • Vladimir CoricDirector
  • Patrick EnrightDirector
  • John W. ChildsDirector
Offering amount
$75M
Amount sold
$66.6M
First sale
Nov 2024
Incorporated
Corporation, Delaware, 2021
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$15MraisedMay 2023 · 16 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • John W. ChildsDirector
  • Reid WaldmanExecutive Officer, Director
  • Jane Grant-KelsDirector
  • Vladimir CoricDirector
  • Timothy DursoExecutive Officer, Director
Offering amount
$15M
Amount sold
$15M
First sale
Apr 2023
Incorporated
Corporation, Delaware, 2021
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$22.2MraisedOct 2021 · 41 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • Vladimir CoricDirector
  • Reid WaldmanExecutive Officer, Director
  • Jane Grant-KelsDirector
  • John W. ChildsDirector
  • Timothy DursoExecutive Officer, Director
Offering amount
$22.2M
Amount sold
$22.2M
First sale
Sep 2021
Incorporated
Corporation, Delaware, 2021
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$476.1KraisedOct 2020 · 1 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • Timothy DursoExecutive Officer, Director
  • Reid WaldmanExecutive Officer, Director
Offering amount
$1.5M
Amount sold
$476.1K
First sale
Sep 2020
Incorporated
Corporation, Texas, 2020
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Competitors · 3

by search overlap

Companies competing with Veradermics for the same Google search keywords, organic and paid, via search-intersection analysis.

In the news

Frequently asked questions

What does Veradermics do?
Veradermics is developing VDPHL01, an extended-release oral minoxidil tablet intended as a non-hormonal prescription treatment for pattern hair loss in women and men. The therapy is being evaluated in Phase 2 and Phase 3 clinical trials.
Who founded Veradermics?
Veradermics was founded by Reid Waldman in 2021.
Who are Veradermics's investors?
Veradermics's investors include Longitude Capital, Connecticut Innovations, OUP (Osage University Partners), SR One Capital Management.
How much funding has Veradermics raised?
Veradermics has disclosed $269.3M raised across 6 rounds.
Where is Veradermics headquartered?
Veradermics is headquartered in West Hartford, US.