Candid, the dental startup that aims to straighten your teeth for less than the cost of braces and Invisalign, recently raised a $ 15 million series ride run by Greycroft Partners, Bessemer Venture Partners, e. ventures and some existing investors.
The plan is to use the funding to strengthen Candid's operations and expand its customer base, the company said in a press release.
"The vision of Co. Co. is to use technology to give access to high quality orthodontic services to more people in the convenience and comfort of their own home", said John Elton, partner of Greycroft. "Greycroft is thrilled to partner with the outstanding team at Candid Corporation to bring its positive mission to life."
Candid, which prints in 3D its FDA approved aligners, is designed for people who need light to moderate orthodontic work. It costs $ 1,900 in advance or $ 88 per month over two years, while braces can cost up to $ 7,000 and Invisalign can cost up to $ 8,000
Candid had already raised a $ 2 million seed round led by Arena Ventures. In total, Candid raised $ 17 million in venture capital.