Cooler Heads Secures $11 Million Series A Funding
Deal News | Jul 25, 2025 | Wilson Sonsini
Cooler Heads has successfully closed an $11 million Series A funding round, oversubscribed and focused on advancing its FDA-cleared Portable Scalp Cooling System, Amma™. This innovative technology is designed to aid chemotherapy patients in maintaining their hair and privacy during treatment, countering the common side effect of hair loss. The funding, led by Mutual Capital Partners and with contributions from various other venture entities including SHD Partners and Crescent Ridge VC, will be utilized to enhance manufacturing capabilities, expand the commercial team, and innovate further on the next generation of the product. Legal advisory for this round was provided by Wilson Sonsini Goodrich & Rosati, with a team including professionals Karen Deschaine, Phil McGill, Dani Glazer Signaigo, and Matt Fleming.
Sectors
- Healthcare Technology
- Venture Capital
Geography
- United States – The article discusses companies, advisors, and investors primarily based in the United States, such as Mutual Capital Partners in Cleveland and Wilson Sonsini, a U.S.-based law firm.
Industry
- Healthcare Technology – The article discusses the FDA-cleared medical device, Amma™, and its role in improving chemotherapy treatment, placing it within the healthcare technology sector.
- Venture Capital – The article involves a significant Series A funding round led by multiple venture capital firms, marking it as relevant to the venture capital industry.
Financials
- $11 million – The total amount raised by Cooler Heads in the oversubscribed Series A funding round.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Cooler Heads | Target | Company | Manufacturer of the Amma™ Portable Scalp Cooling System aimed at reducing chemotherapy-related hair loss. |
| Wilson Sonsini Goodrich & Rosati | Legal Advisor | Company | Provided legal advisory services to Cooler Heads during the Series A funding round. |
| Mutual Capital Partners | Lead Investor | Company | A Cleveland-based healthtech-focused venture capital fund that led the Series A funding. |
| SHD Partners | Investor | Company | Participant in the Series A funding round for Cooler Heads. |
| Crescent Ridge VC | Investor | Company | Participated as an investor in Cooler Heads' Series A funding. |
| Cal Innovation Fund | Investor | Company | Participant in the Series A funding round for Cooler Heads. |
| NuFund | Investor | Company | Participated as an investor in Cooler Heads' Series A funding. |
| Robin Hood Ventures | Investor | Company | Participant in the Series A funding round for Cooler Heads. |
| Golden Seeds | Investor | Company | Participated as an investor in Cooler Heads' Series A funding. |
| HIP VC | Investor | Company | Participant in the Series A funding round for Cooler Heads. |
| Karen Deschaine | Legal Advisor | Person | Part of the Wilson Sonsini team advising Cooler Heads on the transaction. |
| Phil McGill | Legal Advisor | Person | Part of the Wilson Sonsini team advising Cooler Heads on the transaction. |
| Dani Glazer Signaigo | Legal Advisor | Person | Part of the Wilson Sonsini team advising Cooler Heads on the transaction. |
| Matt Fleming | Legal Advisor | Person | Part of the Wilson Sonsini team advising Cooler Heads on the transaction. |