Kala Pharmaceuticals

company

About

Kala Pharmaceuticals develops novel treatments for diseases that affect mucosal tissues.

Details

Last Funding Type
Post-IPO Equity
Last Funding Money Raised
$31M
Industries
Biotechnology,Health Care,Medical,Pharmaceutical
Founded date
Jan 1, 2009
Number Of Employee
101 - 250
Operating Status
Active
Stock Symbol
nasdaq:KALA
Legal Name
Kala Pharmaceuticals Inc.
Also Known As
Kala

Kala Pharmaceuticals is developing novel treatments for diseases that affect mucosal tissues. The company's proprietary mucus penetrating particle technology dramatically improves drug distribution and pharmacokinetics by uniformly coating the mucosal surface with biocompatible, drug-loaded particles. Kala's formulations achieve high, sustained local drug concentrations with reduced systemic exposure and are delivered in a patient-friendly format. The company's research efforts have demonstrated successful in vivo proof-of-concept in mucosal organs such as the respiratory tract, eye, and cervicovaginal tract, enabling diverse product opportunities that target significant clinical unmet need. Kala is focused on advancing an internal pipeline of products through human proof-of-concept while establishing R&D collaborations with select partners to improve products in their pipelines.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
13
$627.36M
Kala Pharmaceuticals has raised a total of $627.36M in funding over 2 rounds. Their latest funding was raised on Nov 28, 2022 from a Post-IPO Equity round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Nov 28, 2022 Post-IPO Equity $31M Detail
Nov 29, 2021 Post-IPO Equity $16.12M Detail
May 12, 2021 Post-IPO Debt $125M 1 Oxford Finance LLC Detail
Apr 6, 2020 Post-IPO Equity $134M Detail
Oct 3, 2018 Post-IPO Equity $110M 1 Athyrium Capital Management LP Detail

Investments

Number of Investments
Number of Lead Investments
3
0
Kala Pharmaceuticals has made 3 investments. Their most recent investment was on Dec 12, 2022, when Public Pressure raised $6M.
Date Company Name
Round Money Raised Industry Lead Investor
Dec 12, 2022 Public Pressure
Series Unknown $6M Blockchain
Jul 4, 2022 AltLayer
Seed $7.20M Blockchain
Jan 28, 2022 Astar Network
Series Unknown $22M Blockchain

Investors

Number of Lead Investors
Number of Investors
5
15
Kala Pharmaceuticals is funded by 15 investors. Oxford Finance LLC and Athyrium Capital Management LP are the most recent investors.
Investor Name Lead Investor Funding Round
Oxford Finance LLC Yes Post-IPO Debt
Athyrium Capital Management LP Yes Post-IPO Equity
Longitude Capital Yes Series C
Ysios Capital Yes Series B
CAM Capital Series C
Lux Capital Series C
OrbiMed Series C
Polaris Partners Series C
RA Capital Management Series C
Vivo Capital Series C

Employee Profiles

Number of Employee Profiles
27
Kala Pharmaceuticals has 27 current employee profiles, including Advisor Justin Hanes
Advisor
Board member
Employee
Board member