OrthoFi Receives Investment from Accel-KKR

Funding Rounds

Summary

OrthoFi, Inc. , a Denver, CO-based software and technology-enabled service platform in the orthodontic specialty industry, received an investment from Accel-KKR. The financial terms of the deal were not disclosed. The new partnership will provide capital and resources to make continued investments in technology and go-to-market initiatives. Founded in 2013 and led by Dave Ternan, CEO, OrthoFi is a technology-enabled service platform designed to leverage customer relationship management software and revenue cycle management services to stimulate growth and streamline operations for orthodontic practices. In less than 6 years, the company has partnered with over 550 practice locations throughout the US and has enabled over 300,000 patients to find quality, affordable orthodontic care.

$ Funding

$
Amount - Total raised
Date May 6, 2019 Announcement date
Investors Accel, Accel-KKR Lead investors
Company https://orthofi.com/ Funded company

Classifications

industries
InsurTech
applications
Payments

AskAI Classifications

Labels
Healthcare Software Financial Software SaaS

Linked Companies

OrthoFi Inc.
$10M to $25M