Tech Company Financing Transactions
LightForce Orthodontics Funding Round
On 8/2/2023, LightForce Orthodontics landed $80 million in Series D financing from Ally Bridge Group, Care Capital and Kleiner Perkins Caufield & Byers.
Transaction Overview
Company Name
Announced On
8/2/2023
Transaction Type
Venture Equity
Amount
$80,000,000
Round
Series D
Investors
Proceeds Purpose
The company intends to use the funds to to grow its team of engineers and scientists to further develop its software and hardware to improve patient experience, grow and scale production capabilities, with a new, 36,000 square-foot manufacturing facility in Wilmington, Massachusetts, advance the use of AI in its workflows, and invest in education.
Company Information
Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
1035 Cambridge St.
Cambridge, MA 02141
USA
Cambridge, MA 02141
USA
Phone
Website
Email Address
Overview
Conceptualized during the Boston blizzard of 2015, LightForce Orthodontics was created to explore the idea that it would be possible to give the orthodontist a truly individualized approach to bracket-based orthodontic treatment.
Management Team
Title
Name
Email & Social
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