Diligence memo · auto-generated · as of July 2, 2026
Dermata Therapeutics, Inc.
Dermata Therapeutics, Inc. looks fair against its niche peers and is active on financing cadence.
Businessfiled
Dermata Therapeutics, Inc. operates in Pharma, based in SAN DIEGO.
Sub-sector tags: pharma.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Dermata Therapeutics, Inc. has raised $10M in disclosed capital across 3 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $4.1M on 2025-12-29.
Most recent recorded round closed around 2025-12-29.
Valuation (modeled)modeled
Provath models Dermata Therapeutics, Inc. at approximately $11M (range $4.7M–$17M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 0.71× the median modeled value of Series A Pharma companies in 2025–2027 (9 peers) — value vs value, same stage and era. Within the normal band (71% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 5 months.
Last raise 6 mo ago; this sector typically re-raises about every 16 months.
Raising on or ahead of the sector's normal rhythm.
The last round stepped up 1.6× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 66% of Pharma peers (310 compared).
Modeled value ranks above 36% of those peers.
Closest niche peers: Neela Therapeutics, Inc., AeroRx Therapeutics, Inc., Cirrus Therapeutics, Inc., Kamau Therapeutics, Inc., Merge Bio Therapeutics Corp.
Peoplefiled
11 named people on file across officers, directors and signatories.
Risks & flagsmixed
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.