Quip Raises $10M in Series A Funding

Funding Rounds

Summary

Backers included Sherpa Capital, Blue Scorpion VC, Demi Lovato and Eric Grosgogeat.Founded by Industrial designers Simon Enever and Bill May in 2012, Quip provides a design-driven, direct-to-consumer oral care subscription service and an integrated suite of everyday products, engaging oral health advice and professional services delivered through their unique patient-professional platform, Dental Connect.Its current offering includes a wide selection of designed, plastic and metal electric toothbrushes ($25+), a brush head ($5) and toothpaste ($5) subscription service, a monthly oral care advice newsletter, and incentives for timely dental check ups.The investment will support the completion of new oral care products and growth its tech and creative teams to accelerate development of its professional advice and services platform, Dental Connect.This investment will also accelerate the launch of new services on the platform, as well as facilitating more non-dental corporate partnerships and partnerships with dental service organizations, benefits providers, and dental practices to make products more accessible to patients, while giving providers a deeper connection to new and existing patients.

$ Funding

$
Amount $10.0M Total raised
Date November 1, 2017 Announcement date
Investors quip Lead investors
Company quip.com Funded company

Classifications

industries
No industries detected
applications
Knowledge Management

AskAI Classifications

Labels
SaaS Collaboration Software Productivity Software

Linked Companies

Quip
$10M to $25M