Dermavant - About the company
Dermavant is an acquired company based in Phoenix (United States), founded in 2016. It operates as a Developer of small molecule based therapeutics for the treatment of inflammatory skin diseases. Dermavant has raised $160M in funding from Marathon Asset Management and NovaQuest Capital Management. The company has 173 active competitors, including 42 funded and 61 that have exited. Its top competitors include companies like Revance Therapeutics, Lineage Cell Therapeutics and Evolus.
Company Details
Developer of small molecule-based therapeutics for the treatment of inflammatory skin diseases. The company's lead product candidate DMVT-505 is a therapeutic AhR modulating agent inhibiting several proinflammatory factors used for the treatment of psoriasis, atopic dermatitis. Other products of the company include DMVT-502 against atopic dermatitis and vitiligo which is Phase 1 clinical trial, DMVT-504 against primary focal hyperhidrosis.
- Website
- dermavant.com
- Email ID
- *****@dermavant.com
- Phone Number
- +1 **********
- Registered Address
- 3780 KILROY AIRPORT WAY SUITE 250, LONG BEACH, United States, 90806, CA
Key Metrics
Founded Year
2016
Location
Phoenix, United States
Stage
Acquired
Total Funding
$160M in 2 rounds
Latest Funding Round
Investors
Ranked
5th among 173 active competitors
Employee Count
143 as on Apr 30, 2026
Similar Companies
Exit Details
Acquired by Organon (Sep 18, 2024)
Legal entities associated with Dermavant
Dermavant is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
DERMAVANT SCIENCES, INC. CIN: 001t000000x91vuAAA , United States, Active | Dec 14, 2022 | - | - | - |
Dermavant Sciences Gmbh CIN: 1274437 , Switzerland, Active | May 01, 2024 | - | - | - |
Dermavant's acquisition details
Click here to take a look at Dermavant's acquisition in detail
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Dermavant's funding and investors
Dermavant has raised a total funding of $160M over 2 rounds. Its first funding round was on Jun 08, 2021. Dermavant has 2 institutional investors.
Here is the list of recent funding rounds of Dermavant:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 08, 2021 | 4650554 | Conventional Debt | 9131228 | 9878637 | 3470163 | 7549083 |
Jun 08, 2021 | 3707299 | Series D | 2845967 | 9553690 | 2383747 |
View details of Dermavant's funding rounds and investors
Dermavant's founders and board of directors
Founder? Claim ProfileDermavant's employee count trend
Dermavant has 143 employees as of Apr 26. Here is Dermavant's employee count trend over the years:
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Dermavant's Competitors and alternates
Top competitors of Dermavant include Revance Therapeutics, Lineage Cell Therapeutics and Evolus. Here is the list of Top 10 competitors of Dermavant, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Revance Therapeutics 2002, Newark (United States), Acquired | Developer of neurotoxin aesthetic and therapeutic products for skin treatments | $155M | 70/100 | |
2nd | Lineage Cell Therapeutics 1990, Carlsbad (United States), Public | Developer of cell based therapies for the treatment of cancer, eye disease and spinal disorders | $45.8M | 66/100 | |
3rd | Evolus 2012, Irvine (United States), Public | Developer of aesthetic treatments and procedures | $500K | 62/100 | |
4th | Biofrontera 1997, Leverkusen (Germany), Public | Developer of therapies for actinic keratosis using photodynamic therapy | - | 62/100 | |
5th | Dermavant 2016, Phoenix (United States), Acquired | Developer of small molecule based therapeutics for the treatment of inflammatory skin diseases | $160M | 61/100 | |
6th | Sol-Gel Technologies 1998, United States, Public | Developing topical drug products for the treatment of rosacea, acne and interdigital tinea pedis. | $26M | 59/100 | |
7th | Hugel 2001, Chuncheon-si (South Korea), Acquired | Developer of therapeutics in the field of aesthetics | - | 59/100 | |
8th | Developer of recombinant human collagen for regenerative medicine and aesthetics | $16.3M | 59/100 | ||
9th | Shaperon 2008, Seoul (South Korea), Public | Developer of therapies for multiple diseases | - | 56/100 | |
10th | AiVita Biomedical 2016, Irvine (United States), Series B | Developer of dendritic cell immunotherapy for cancer and markets stem cells based facial serum for skin care | $46M | 55/100 |
Looking for more details on Dermavant's competitors? Click here to see the top ones
Dermavant's Investments and acquisitions
Dermavant has made no investments or acquisitions yet.
News related to Dermavant
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Appleby Bermuda Advised Organon On Acquisition Of DermavantConventuslaw•Nov 04, 2024•Dermavant, Organon, Appleby
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Organon to Acquire DermavantDrug Development & Delivery•Sep 18, 2024•Organon, Dermavant, Roivant Sciences
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Roivant’s risky Hemavant bet to wind down after discontinuing ex-Eisai drugFierce Biotech•Feb 14, 2024•Dermavant
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