Founded in 2015, quip is a digitally native oral health company with over 7.5 million users that designs and develops personal oral care products in-house, including electric and smart toothbrushes, toothpaste, refillable floss picks and mouthwash, and ADA-accepted dental solutions. The company operates a multi-million member subscription service and reports a retail footprint of 10,000+ doors, with recent nationwide launches in major retailers. quip emphasizes sustainability with refillable products and all-paper recyclable packaging, estimating over 100 million single-use plastic components diverted to date and targeting over 1 million pounds of plastic reduction within the next 12 months. Its professional platform underpins offerings like quip Aligners and quipcare and connects members to a network of 50,000+ providers. The company’s Oral Care Companion app, tied to its smart brush, is expected to reach over 1 million users in 2022 as quip expands access and healthcare partnerships. quip employs roughly 200 people across NYC and Salt Lake City and has reached profitability prior to this financing. Quip is a dental care startup best known for its direct-to-consumer electric toothbrushes and toothpaste. The company raised $40 million in a mix of equity and debt to fund product and service expansion. About half of the funding came via an equity deal led by Sherpa Capital and the other half as debt financing from Triplepoint Capital. Quip has expanded distribution through a partnership with Target and recently acquired Afora; it previously raised $10 million from Silicon Valley Bank. The company reported passing its one-millionth brusher and says it will launch new physical products, a practice program for dental providers, and additional services. Quip plans to use the funding to expand headcount and grow its subscriber base. Quip makes low-cost electric toothbrushes and related oral-care products sold starting at $25 and available on subscription (including replacement heads and toothpaste). The company highlights brushing guides and product design intended to motivate users and improve brushing technique. CEO Simon Enever said Quip is “a lot more than just an electric toothbrush” and aims to modernize oral health. Quip plans to use the new capital to invest in new products and to build out its “Dental Connect” platform, which connects subscribers with dental providers. The startup previously raised at least $2 million in funding. Investors and company supporters have framed the business as focused on inspiring positive behaviors around dental care.

Total raised

$150M

Funding rounds

4

Latest round

Series B

Latest activity

Aug 2021