# Droplette: Medical devices, Boston, United States

> Droplette: Droplette is a Boston-based skincare technology company founded in 2017 by MIT-trained engineers Madhavi Gavini and Rathi Srinivas.

Source: https://millionrounds.com/startup/droplette (Millionrounds; every figure on the page links to its filing or article)

United States · [Medical devices startup](https://millionrounds.com/companies)

# Droplette

Droplette is a Boston-based skincare technology company founded in 2017 by MIT-trained engineers Madhavi Gavini and Rathi Srinivas.

Funding reported Last round: Series B

Medical devices Boston, United States

Company summary

- **Founded:** 2017 9 years old
- **Team:** 18 11 to 50 people
- **Funding reported:** $21M in dollars
- **Last round:** Series B Dec 2021

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Droplette has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Droplette

Droplette is a Boston-based skincare technology company founded in 2017 by MIT-trained engineers Madhavi Gavini and Rathi Srinivas.

The company specializes in a patented, needle-free Microinfusion device that delivers active skincare ingredients deep into the skin, enhancing their biological impact. This innovative technology creates a micro-mist that allows large molecules to penetrate the skin 20 times deeper than traditional topical applications. Droplette's core product is the Droplette 2 device, which retails for $199 and works with proprietary serum capsules containing ingredients like collagen and retinol. The company also offers an app to track skin health and control the device. With a focus on direct-to-consumer sales, Droplette targets consumers looking for effective skincare solutions that work beneath the skin's surface. The device is clinically validated and recommended by dermatologists, making it suitable for various skincare needs, including aging and dryness, as well as medical applications for skin conditions.

## What company datasets say Droplette raised

Funding, as reported

Reported in all **$21M** in dollars

Rounds **5**

Last round **Series B**

Last round size **$15M**

Last round date **Dec 2021**

Investors listed **9**

SEC Form D **$45M sold, 3 filings, last Mar 2023**

## Founders and team

From the SEC filings it signed: 1 on the team.

- **Madhavi Gavini** Executive Officer, Director i

On the board, as filed i *Lori Cashman* *Nancy Go* *Rathi Srinivas* *Santo Politi*

## The company, in detail

What they build

Known for

hardware health care consumers deep delivery system manufacturing non-invasive treatment peptides drug delivery information technology & services peptide complex telemedicine stem cell conditioned media deep tissue regeneration micromist technology exosomes deep tissue repair

Built with from their website

Google Tag Manager Clarity SDM Klaviyo Google Workspace CloudFlare Viewport Meta Rebuy Zendesk Chat Yotpo Google Meet

+8 more

Shop Pay Apple Pay Mobile Friendly Shopify Trident AB Open Graph Amazon Route 53 American Express

- **Sector:** Medical devices
- **Industry code:** NAICS 339112, 325620, SIC 3663, 3841, 2844
- **Region:** Massachusetts
- **Revenue:** $4.0M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/droplette)

## Medical devices in United States

Startups like it

- [**Precision Neuroscience** New York · founded 2021 *Raised*](https://millionrounds.com/company/precision-neuroscience)
- [**Synchron** New York · founded 2016 *Raised*](https://millionrounds.com/company/synchron)
- [**SetPoint Medical** Santa Clarita · founded 2007 *Raised*](https://millionrounds.com/company/setpoint-medical)
- [**Apreo Health** Menlo Park *Raised*](https://millionrounds.com/company/apreo-health)
- [**Cleerly** Denver · founded 2017 *Raised*](https://millionrounds.com/company/cleerly)
- [**CereVasc** Boston · founded 2013 *Raised*](https://millionrounds.com/company/cerevasc)
- [**Galvanize** Redwood City · founded 2015 *Raised*](https://millionrounds.com/company/galvanize)
- [**Endovascular Engineering, Inc. (E2)** Startup *Raised*](https://millionrounds.com/company/endovascular-engineering-inc-e2)

## Is this your company?

Add your raise, your deck and your story, and put Droplette in front of investors. Or tell us what we have wrong.

[List your startup](https://millionrounds.com/list-your-startup)[Send a correction](https://millionrounds.com/corrections)