quip Raises $100 Million in Funding to Redefine Oral Healthcare Globally
Summary
• Channel Growth: quip will continue to grow its multi-million member subscriber base through its ecommerce, retail, partner and provider omni-channel approach. • Oral Care Companion App: As the largest digitally native oral care brand and subscription service, quip expects its app, currently accessible to users of its smart brush, to reach over 1 million users in 2022 through expanded access and strategic healthcare partnerships. • Sustainability: Through recyclable paper packaging and refillable products, quip estimates over 100,000,000 single use plastic components have been diverted from entering landfills from its efforts to date. The brand will continue to be champions of change with sustainable packaging and innovative product design, aiming to have reached over 1 million pounds of plastic reduction or diversion within the next 12 months. We are excited to support quip in its mission to make dental care services more simple, accessible and enjoyable for everyone.” Artem Mariychin, Managing Director at CSI, will join the company’s board.