Health And Wellness Startup Toothsi Raises $20M In Series B Round
- ByAyushi Ray | August 6, 2021
Health and Wellness Startup Toothsi raises $20M in Series B round. The funding round was led by Eight Roads Ventures (a global investment firm backed by Fidelity), San Francisco-based Think Investments, and the Mankekar Family Office. Apart from them, were big investors liek Vishal Agrawal (Vice President, Blackrock Asia), Siddharth Shah and Dharmil Sheth (Co-founders, PharmEasy), Ramakant Sharma (Co-founder, Livspace), and Karan Singh (India Managing Director, Bain & Company). Toothsi was founded by by orthodontists Dr Arpi Mehta, Dr Pravin Shetty, Dr Manjul Jain, and Dr Anirudh Kale in 2018, and is a D2C aligner company that has served over 10,000 customers in eight Indian cities and plans to serve more than one lakh customers this year. This funding will now be used to expand to new cities, which have not been touched, and also for making a core platform, strengthening its team, and building the brand.
Dr Arpi Mehta, Co-founder and CEO, toothsi, said,“toothsi leverages its tech-enabled platform and panel of expert clinicians to provide at-home, clinically-oriented cosmetology services. Combining a world-class orthodontic tradition with the most innovative technology backbone and a vertically integrated business model, we envision toothsi becoming the global go-to destination for a smile transformation. We are grateful to our incoming investors and partners for believing in our vision. We look forward to their continued support and guidance.” toothsi has previously raised $5 million as part of its Series A funding round in January this year. They hope to provide customers with access to at-home, new-age teeth straightening with invisible, 3D-printed clear aligner technology.
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