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Indomo — Seed
Funded Fund: StoryHouse Fund I  ·  SH Check: $200K  ·  Valuation: $15M  ·  Closed: 2022-10-11
Dossier generated 2026-06-03 by /deal-dossier  ·  Deal record: rec9m0UQjBWUxt1mL  ·  Source: Airtable appjxAR3LPe3fkHOp

One-Liner & Thesis

At-home self-injection therapy -- breakthrough convenience and efficacy. A clinical-grade self-injection drug delivery device for inflamed skin lesions, scaled through a telemedicine technology platform.

Series B 2025: In total $22M round on $75M Post. Split in two tranches of $15M on $35M pre and $7M on $68 pre Foresite doing $12M with Polaris and Atomic doing the rest" Series A: We purchased 2,560,819 new Series A-1 Shares and our CV converted to 2,648,939 shares. SH committed $200K, via StoryHouse Fund I, at a $15M valuation, in a $6M round, alongside Foresight Capital, Polaris Partners, Atomic Ventures, FORM Life Ventures, Myelin Ventures.

Deal Box

Round Size
$6M
Valuation / Cap
$15M
Co-Investors
Foresight Capital, Polaris Partners, Atomic Ventures, FORM Life Ventures, Myelin Ventures
SH Check
$200K
Fund
StoryHouse Fund I
Funding Round
Seed
SH Investment Date
2022-10-11

Company Snapshot

Sector
Biotech
Location
Boston Area, Massachusetts
Year Founded
2021-12-01
Total Raised
$16M
Website
indomotx.com
Status
Private

Founders

Jack Abraham
Jack Abraham at Indomo.
Cara Davis
Cara Davis at Indomo.
Rick Bente
Medtech entrepreneur and operator building Indomo (fka Dermatheory), focused on advancing drug delivery innovation and scaling clinically driven healthcare solutions through integrated technology platforms.

Latest Meeting Notes

2024-05-09 — Call

RAW NOTES: \- 1 month out for feedback from FDA; this is most important next milestone \- Confirmed investment and advisorship from significant strategic advisor; Rick is focused on bringing on some individuals like this given the new clinical direction of the business in advance of the Series A \-...

Source: Meeting Notes recp8Qgym2SpZuXtt

2023-05-22 — Call

RAW NOTES: \- Getting the data back on the clinical data; 40 people, seeing identical outcomes from Dermatheory versus derm use \- Still got to get the white papers and publish it, but as far as getting raw data and something they can talk about \- He made an offer here and will likely make this...

Source: Meeting Notes recn7kccowN7OXqob

2023-01-18 — Call

General • Working through clinical trials. Within 48 hours has been able to show significant improvements in patients. • They've been getting their clinical trial devices built • They've locked down second-gen design of the hardware. One feature he's excited about is that now the device will only...

Source: Meeting Notes recyp7BVoaHfMZqp5