Fundz

Pelage Pharmaceuticals has secured $120 million in Series B financing, co-led by ARCH Venture Partners and GV (Google Ventures), to advance regenerative treatments for hair loss.

PRIVATEOct 15, 2025

Amount Raised

$120 Million

Round Type

Series B

Los AngelesBiotechnologyHealthcare

Investors

Main Street AdvisorsVisionary VenturesYK BioventuresARCH Venture PartnersGV

Description

Pelage Pharmaceuticals has announced the close of a $120 million Series B financing to support the continued advancement of PP405, a topical therapy for hair loss. The financing was co-led by ARCH Venture Partners and GV, with participation from other investors. Positive Phase 2a results in androgenetic alopecia support progression into Phase 3 trials in 2026. Cathy Friedman of GV and Richard Heyman of ARCH join the Board of Directors.

Quick answer

Pelage Pharmaceuticals raised $120 Million in a Series B round, dated October 15, 2025. Investors: Main Street Advisors, Visionary Ventures, YK Bioventures, ARCH Venture Partners and GV. Pelage Pharmaceuticals is based in Los Angeles, California, United States.

How much did Pelage Pharmaceuticals raise?
Pelage Pharmaceuticals raised $120 Million in a Series B round on October 15, 2025.
Who invested in Pelage Pharmaceuticals?
Main Street Advisors, Visionary Ventures, YK Bioventures, ARCH Venture Partners and GV are named as investors in this round.
What does Pelage Pharmaceuticals do?
Pelage Pharmaceuticals is a clinical-stage regenerative medicine company developing first-in-class treatments for hair loss.
Where is Pelage Pharmaceuticals based and how big is it?
Pelage Pharmaceuticals is based in Los Angeles, California, United States. Fundz records about 10 employees.
Who are the decision-makers at Pelage Pharmaceuticals?
Fundz holds 1 contact at Pelage Pharmaceuticals, including the Chief Executive Officer. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Healthcare and Biotechnology around the same time

Companies in the same sectors as Pelage Pharmaceuticals that raised within 45 days of this round, from Fundz verified event records.

  • Azora Therapeutics, Inc. (DE) raised $4.3M on November 28, 2025.
  • Verrica raised $50M on November 25, 2025.
  • BlossomHill Therapeutics raised $84M on November 25, 2025.
  • MindImmune Therapeutics raised $10M (Series A) on November 24, 2025.
  • NEXTSTEP ROBOTICS raised $1M on November 24, 2025.
  • ClearPoint Neuro raised $18M on November 20, 2025.

Who to call at Pelage Pharmaceuticals, and when

A new round usually means Pelage Pharmaceuticals is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Pelage Pharmaceuticals raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Pelage Pharmaceuticals, from your own LinkedIn network

Works inside ChatGPT and Claude. Ask who to call at Pelage Pharmaceuticals. With Fundz connected, it knows.

Watch Fundz in
See plan options
Trusted byOracleSnowflakeCloudflareLinkedInGoogleSalesforce 4.8/5 on G2

Company Information

Company

Pelage Pharmaceuticals

Location

Los Angeles, California, United States

About

Pelage Pharmaceuticals is a clinical-stage regenerative medicine company developing first-in-class treatments for hair loss. With a focus on stem cell biology and metabolism, Pelage is advancing a new class of treatments designed to reactivate dormant hair follicle stem cells and restore the body’s ability to naturally grow hair. Its lead program, PP405, is currently in Phase 2a clinical trials. Through its rigorous scientific foundation, Pelage is pioneering first-in-class hair growth solutions for people of all hair types experiencing hair loss.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Pelage Pharmaceuticals raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

1 contact
Verified contactsDaniel G., Chief Executive OfficerSee plans and pricing
Predictive Intelligence
Strategic

ML-powered predictions for Pelage Pharmaceuticals's next move

See what Strategic adds

Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Pelage Pharmaceuticals raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

5 screens from a live account. No signup.

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.