
Bridging to a Strategic Exit
-
Thermi™ is the world leader in thermistor-regulated energy solutions for aesthetics, dermatology and women’s health.
-
Founded in 2012 in Dallas, Texas
-
Received $2M in royalty-based growth capital from Cypress in December 2014 and a second $2M tranche in June 2015
-
Using our growth capital, Thermi grew revenue from $11M to nearly $30M in one year
-
Thermi was acquired in January 2016 for $82M by Almirall, a global pharmaceutical company