Lightforce Orthodontics Secures $80 Million Series D Funding Led By Ally Bridge Group, Opens Second Digital Factory

Aug 02, 2023•about 2 years ago

Amount Raised

$80 Million

Round Type

series d

BurlingtonManufacturingConsumer GoodsScience And EngineeringSoftware

Investors

Matrix PartnersTyche PartnersKleiner PerkinsLight ForceAmerican Association Of OrthodonticsMatter Venture PartnersOmega Venture PartnersCare CapitalTransformation CapitalAlly Bridge Group

Description

LightForce Orthodontics, makers of the world’s first fully personalized 3D printed braces system, today announced it raised an $80 million Series D round led by Ally Bridge Group. Transformation Capital, and CareCapital. Omega Venture Partners, Matter Venture Partners, and the American Association of Orthodontics also participated in the round, as did existing LightForce investors, including Kleiner Perkins, Tyche Partners, and Matrix Partners. With the funding, LightForce will advance its mission to empower orthodontists to deliver personalized care with custom 3D printed brackets by scaling production with a new facility, advancing the use of AI in its workflows, and investing in education.

Company Information

Company

LightForce Orthodontics

Location

Burlington, Vermont, United States

About

LightForce Orthodontics is a digital platform providing orthodontists with fully customized, 3D printed tooth- moving tools. Founded in 2015 by Dr. Alfred Griffin, DMD, PhD, MMSc, along with Dr. Lou Shuman, DMD, CAGS, LightForce is revolutionizing the specialty through advanced manufacturing and technology. After five years of extensive research and development, LightForce launched its first product to the orthodontic market - the world’s first and only fully customized 3D printed bracket system and digital treatment software. Today, LightForce cases are improving the orthodontic experience, proven to finish cases 45% faster with 41% fewer scheduled appointments than conventional bracket cases. Learn more at https://lf.co/.

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