Candid Co. Obtains $15 Million in Series A Financing

Staff

7 years ago

Candid Co. Obtains $15 Million in Series A Financing

Candid Co., which aims to leverage modern telehealth practices to affordably diagnose, treat, and monitor orthodontic cases, closed a $15 million Series A financing round. The round was led by Greycroft, Bessemer, and e.ventures, and featured participation from existing investor Arena Ventures.

According to the company, it provides direct-to-consumer clear orthodontic aligners for 65 percent less than the cost of traditional in-office solutions, while the firm’s nationwide provider network features orthodontists averaging 20 years in practice.

“Candid Co.’s vision is to use technology to bring access to high quality orthodontic services to more people in the convenience and comfort of their own home,” said John Elton, partner at Greycroft. “Greycroft is excited to partner with the exceptional Candid Co. team to bring their positive mission to life.”

Candid Co. will use this round of funding to expand operations.

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