Lightforce Orthodontics Secures $80 Million Series D Funding Led By Ally Bridge Group, Opens Second Digital Factory
Lightforce Orthodontics Secures $80 Million Series D Funding Led By Ally Bridge Group, Opens Second Digital Factory
08/02/23, 1:05 PM
Location
burlingtonMoney raised
$80 million
Industry
manufacturing
consumer goods
science and engineering
software
Round Type
series d
Investors
Matrix Partners, Tyche Partners, Kleiner Perkins, Light Force, American Association Of Orthodontics, Matter Venture Partners, Omega Venture Partners, Care Capital, Transformation Capital, Ally Bridge Group
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 Info
Location
burlington, vermont, united states
Additional Info
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/.