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VeraDermics

VeraDermics IPO

$306.13MM
Series C Valuation, Oct 2025
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VeraDermics IPO date and status

2019
Founded
Jan 2026
S-1 Filed
Feb 2026
IPO Completed

Company details

Veradermics is a medical dermatology company which offers first-in-class therapeutics designed to address prevalent skin conditions to patients. Their pipeline includes potential treatments for androgenetic alopecia, common warts, alopecia areata, molluscum contagiosum, and atopic dermatitis. Veradermics leverages clinical expertise striving to develop novel drugs that aim to solve pervasive treatment challenges in dermatology practice. This company was founded by Reid Waldman MD and Ming Lee MD in 2019 and is headquartered in New Haven, CT.
Founded
2019
Headquarters
New Haven, CT, United States
Forge Price 1
Price not available
Market Activity 2
Limited
Last Matched Price
Post-Money Valuation 3
$306.13MM
Total Funding
$263.24MM
Last Funding Round
Series C

Learn more about VeraDermics

To invest in VeraDermics pre-IPO

Can you invest in VeraDermics pre-IPO?

You may invest in VeraDermics as it is a public company listed on the NYSE with ticker MANE. But if you are an accredited investor interested in buying pre-IPO shares of a private company, you can learn more about how to invest in the private market or register today to get started.

Can you sell shares of VeraDermics before it goes public?

You can no longer sell shares of VeraDermics on Forge as this company is no longer private. However, if you own shares of a private company, Forge may be able to help you sell them in a way that works for you and the company. Learn more or register with us today to get started.

What is the pre-IPO value of my VeraDermics shares?

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Is VeraDermics a publicly traded company?

VeraDermics became a public company following its IPO on 02/04/2026 and is now traded on the NYSE under the ticker MANE.

To learn more about VeraDermics potential IPO

Will VeraDermics go IPO?

VeraDermics became a public company following its IPO on 02/04/2026 and is now traded on the NYSE under the ticker MANE.

What is VeraDermics’ IPO price?

The IPO price of VeraDermics is not currently available.

When was VeraDermics founded?

VeraDermics was founded in 2019.

What is VeraDermics funding to date?

VeraDermics has raised $263.24MM to date.

VeraDermics major investors

Chemwerth Therapeutics
Connecticut Innovations
Longitude Capital
MassMEDIC
North Point Capital
Osage University Partners
PhiFund Ventures
Prospect Hill Growth Partners
Surveyor Capital
Suvretta Capital Management
Werth Ventures

VeraDermics pre-IPO valuation and funding rounds

Funding history chart
Funding round and deals details
Funding Date Round Amount Raised Price per Share Post-Money Valuation 3 Key Investors
10/16/2025 Series C $151MM $1.27 $306.13MM Abrdn, Columbia Threadneedle Investments, Infinitium, Invus, Lifesci Venture Partners, Longitude Capital, Marshall Wace, Sr One, Surveyor Capital, Suvretta Capital Management, Viking Global Investors
Price per Share
$ xx.xx
Shares Outstanding
118,682,683
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
12.0%
Cumulative
Cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Abrdn, Columbia Threadneedle Investments, Infinitium, Invus, Lifesci Venture Partners, Longitude Capital, Marshall Wace, Sr One, Surveyor Capital, Suvretta Capital Management, Viking Global Investors
12/11/2024 Series B $75MM $1.20 $129.29MM Connecticut Innovations, Longitude Capital, Osage University Partners, PhiFund, Prospect Hill Growth Partners, Surveyor Capital, Suvretta Capital Management, Vladimir Coric Family Trust
Price per Share
$ xx.xx
Shares Outstanding
62,245,805
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
12.0%
Cumulative
Cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Connecticut Innovations, Longitude Capital, Osage University Partners, PhiFund, Prospect Hill Growth Partners, Surveyor Capital, Suvretta Capital Management, Vladimir Coric Family Trust
04/25/2023 Series A-4 $15MM $3.02 $64.77MM Undisclosed Investors
Price per Share
$ xx.xx
Shares Outstanding
4,965,572
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
09/22/2021 Series A-3 $2.02MM $2.88 $45.46MM Connecticut Innovations, Prospect Hill Growth Partners, Vladimir Coric Family Trust
Price per Share
$ xx.xx
Shares Outstanding
703,475
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Connecticut Innovations, Prospect Hill Growth Partners, Vladimir Coric Family Trust
09/22/2021 Series A-1 $18.75MM $2.88 $45.46MM Connecticut Innovations, Prospect Hill Growth Partners, Vladimir Coric Family Trust
Price per Share
$ xx.xx
Shares Outstanding
6,515,849
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Connecticut Innovations, Prospect Hill Growth Partners, Vladimir Coric Family Trust
09/22/2021 Series A-2 $1.47MM $2.16 $45.46MM Connecticut Innovations, Prospect Hill Growth Partners, Vladimir Coric Family Trust
Price per Share
$ xx.xx
Shares Outstanding
680,479
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Connecticut Innovations, Prospect Hill Growth Partners, Vladimir Coric Family Trust

VeraDermics IPO news and media highlights

Veradermics: $150 Million Series C Raised For Advancing Late-Stage Trials Of VDPHL01

Veradermics, a dermatologist-founded, late clinical-stage biopharmaceutical company developing first-in-class treatments for common dermatologic conditions, has announced the completion of an oversubscribed $150 million Series C financing round.

Veradermics Raises $75 Million in Series B Financing and Initiates Phase 2/3 Trial for Hair Loss

Veradermics, a late clinical-stage aesthetics and dermatology-focused biopharmaceutical company developing first-in-class therapeutics for common dermatologic conditions, announced today the closing of a $75 million Series B financing. The financing was led by Suvretta Capital Management and included new investors Longitude Capital, Surveyor Capital (a Citadel company), Osage University Partners, and PhiFund. Existing investors, JW Childs Associates, Connecticut Innovations, and Vlad Coric, MD, also participated in this round. In connection with this financing, Amanda Birdsey-Benson, PhD from Suvretta Capital Management and Patrick Enright from Longitude Capital will join the Veradermics Board of Directors.

This Startup Raised $20.7 Million To Develop A Kid-Friendly Wart Treatment

Around 1.5 million people are diagnosed for common warts, and one of the most common solutions involves using liquid nitrogen to “freeze” the wart, which can be painful and scary. VeraDermics, a Connecticut -based startup founded by dermatologists, is hoping to change that with the development of its kid-friendly wart treatment by using a patch. “Not a lot of drugs have been developed specifically for dermatology conditions affecting children. What we were looking for was something that had adoptability by kids — something familiar to them like a Band Aid,” says cofounder and COO Reid Waldman, 27.
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Subsector: Healthcare Software
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Updated on: Feb 6, 2026

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