TearClear
PrivateLast Round
Series C
Jun 28, 2023
Total Funding Raised
$51.95M
Company Overview
TearClear is a life sciences company that develops ophthalmic drugs intended to transform trusted ophthalmic medications into preservative-free therapies.
Sector
Healthcare & Life Sciences
Verticals
Biotechnology, Medical Devices, Clinical Trials
Business Model
B2B
Customer Profile
Hardware Sales
AI Layer
Non-AI
Keywords
ophthalmic pharmaceuticaldrug delivery technologypreservative-free eye dropsbenzalkonium chlorideBAKhydrogel filterglaucoma treatmentdry eye therapydrug-device combination505(b)(2) pathwayophthalmologyeye care innovationmedtechtopical medication
Historical Pricing
Historical view of private secondary pricing and transaction trends.
TearClear Comps
Public and private peers based on sector, stage, and business model.
| Company | Status | Est. Valuation | Rev Multiple |
|---|---|---|---|
| OpenAI | Private | $86.0B | ~40x |
| Cohere | Private | $5.0B | -- |
| Competitor 1 | Public | $XX.XB | XXx |
| Competitor 2 | Public | $XX.XB | XXx |
TearClear Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series C | Jun 28, 2023 | ||||
| Debt | Aug 2, 2022 | ||||
| Series B | Aug 11, 2020 | ||||
| Debt | Jan 31, 2020 | ||||
| Series A Extension | Feb 1, 2019 | ||||
Series A | May 30, 2017 |
Key People
Founding team and executive leadership
TearClear Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Kohlberg Kravis Roberts | Series B |
| Flying L Partners | Series B |
| Falcon Vision | Series B |
| KKR | Series B |
| Visionary Ventures | Series B, Series A Extension, Series A |
| Bluestem Capital | Series B, Series A Extension, Series A |
TearClear Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about TearClear's valuation, stock price, and market status.
Firmographic Details
HeadquartersNewport Beach, California
Employee Range6
Year Founded2015
Last FundingJun 28, 2023