Droplette

Droplette is a Boston-based consumer health technology company founded in 2017 by MIT-trained engineers Madhavi Gavini and Rathi Srinivas, originally developed as a medical device to treat rare skin diseases. The company's patented micro-infuser device transforms pharmaceutical-grade skincare capsules into a high-velocity aerosol mist that drives active ingredients—including collagen, retinol, and glycolic acid—up to 20 cell layers deep into the skin, far beyond what topical application achieves. Backed by NASA, NIH, Spark Capital, and Victress Capital, Droplette has raised approximately $25 million to date and has sold over 7 million treatments, with its products featured in Vogue, Allure, InStyle, and Time Magazine. The company operates a razor-and-blade business model pairing its device with a subscription to proprietary serum capsules.