Formel Skin offers remote access to dermatologists and delivers personalised treatment formulas produced by its pharmacy and shipped monthly. Patients complete a questionnaire and upload photos, a skin doctor reviews the case and prescribes a customised regimen. The company has delivered over 150,000 treatments in Germany and Switzerland and currently focuses on acne, rosacea, and melasma. Its revenue model is a €49/month subscription, and the company reports 7x year-on-year growth since launch. Formel plans to broaden its product offering, expand geographically, add new treatment approaches, and bolster the team. Founded in December 2019 in Berlin, the company has raised over €36 million to date.

Total raised

$34M

Funding rounds

1

Latest round

Series A

Latest activity

Dec 2021