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Dental Startup Toothsi Raises $40 Million Funding Led By Eight Roads Ventures And Others

May 02, 2022•over 3 years ago

Amount Raised

$40 Million

MumbaiConsumer GoodsOtherHealth CareSoftwareInternet ServicesCommunity And Lifestyle

Description

Mumbai: Toothsi, a dental startup has raised $40 million in funding from Eight Roads Ventures, South Korea-based Paramark, IIFL, among others. The company provides customers with access to at-home teeth straightening with invisible, 3D-printed clear aligner technology. It will use the funds to further its geographic penetration and for category expansion, it said in a release.

Company Information

Company

Toothsi

Location

Mumbai, Maharashtra, India

About

The company, which had raised $5 million in a Series A round in January, will use the fresh capital to bolster its technology and for geographical expansion. The dental tech startup provides customers at-home, teeth-straightening services using invisible, 3D-printed clear aligner technology. This trend is rapidly picking up pace in India too, the company said in a release. “The company has seen impressive traction, with revenues growing by 200% over the last six months. Founded in 2018 by orthodontists Dr. Manjul Jain, Dr. Pravin Shetty, Dr. Arpi Mehta and Dr. Anirudh Kale, Toothsi at present has more than 10,000 customers in eight cities.

Funding Insights

Based on industry data
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