TearScience

company

About

TearScience develops devices that provide significant clinical identification and treatment of evaporative dry eye.

  • 101 - 250

Details

Last Funding Type
Series C
Last Funding Money Raised
$44.50M
Industries
Biotechnology,Clinical Trials,Health Care,Medical,Medical Device
Founded date
Jan 1, 2005
Number Of Employee
101 - 250
Operating Status
Active

Headquartered in Morrisville, North Carolina, TearScience has pioneered devices that provide significant clinical identification and treatment of evaporative dry eye. Of the 100 million plus of dry eye sufferers worldwide, the leading cause (86percent) is evaporative dry eye, which is caused by Meibomian Gland Dysfunction (MGD) and a lipid deficiency of the eye’s natural tear film. The Tear Film and Ocular Surface Society (TFOS) workshop, involving two years of work by 50 leading experts from around the world, concluded that MGD is an under-estimated condition and is very likely the most frequent cause of dry eye disease. Common symptoms of the disease include eye irritation, dryness, redness, tiredness, and visual disturbances. TearScience’s integrated, in-office system enables eye care professionals to effectively address a root cause of evaporative dry eye.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$63.72M
TearScience has raised a total of $63.72M in funding over 2 rounds. Their latest funding was raised on Apr 14, 2016 from a Series D round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Apr 14, 2016 Series D $19.22M 1 Detail
May 6, 2010 Series C $44.50M 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
TearScience is funded by 1 investors. General Catalyst are the most recent investors.
Investor Name Lead Investor Funding Round
General Catalyst Series D