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Quip Raises $100 Million In Funding To Redefine Oral Healthcare Globally

Aug 31, 2021•almost 4 years ago

Amount Raised

$100 Million

Description

quip, the modern oral healthcare company with over 7.5 million users, today announced it has raised $100 million in growth funding from Cowen Sustainable Investments (CSI) an environmental sustainability focused growth investment strategy. On the heels of reaching profitability, expanding into new oral care verticals, and launching its first professional services, CSI recognized quip’s unique potential to disrupt the $450 billion global oral healthcare market through its digital platform connecting personal and professional oral care, and become the center for oral health.

Company Information

Company

Quip

About

quip is a modern oral health company launched in 2015 that provides thoughtfully designed personal oral care products and professional dental care services to make oral care more simple, accessible, and enjoyable. The current personal care offerings include a wide selection of American Dental Association accepted (ADA seal) adult and kid electric toothbrushes, smart brushes, refillable floss pick and string, mouthwash and gum, all kept fresh with a refill delivery service. quip’s professional platform, which is behind quip Aligners and quipcare, is part of the company's future vision to combine personal and professional care. quip was co-founded by Simon Enever and Bill May. Learn more at getquip.com.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech