Tech Company Financing Transactions
Torch Dental Funding Round
On 7/17/2023, Torch Dental raised $28 million in funding from Health Velocity Capital, Bessemer Venture Partners and Felicis Ventures.
Transaction Overview
Company Name
Announced On
7/17/2023
Transaction Type
Venture Equity
Amount
$28,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to accelerate the digitization of procurement for dental practices across the United States, continue to grow team and explore additional opportunities to partner with dental practices.
Company Information
Company Status
Private & Independent
Industry
Healthcare Services
Mailing Address
Undisclosed
New York, NY Undisclosed
USA
New York, NY Undisclosed
USA
Phone
Website
Email Address
Overview
Torch is a rapidly growing start-up (5x last year) that has raised over $30+ million from top VCs including Bessemer Venture Partners, Felicis, Health Velocity, and FJ Labs. Torch is targeting the $100+ billion office-based healthcare supply industry, starting with dental practices. Our innovative e-commerce software platform streamlines healthcare professionals' procurement process and helps them secure the best prices.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Founder
Khaled Boukadoum
Founder
Yassine Boukadoum
Founder
Drew Werner
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