Swift Health Systems, Inc., an Irvine, CA-based maker of invisible orthodontic braces, raised $45M in series C funding.
The round, which brought total capital raised by the company to more than $70m, was co-led by Vivo Capital, Novo Holdings and venBio Partners. In conjunction with the funding, Andrew D. Goldberg, MD, principal at Vivo Capital, joined Swift’s board member along with Peter Moldt, PhD, partner at Novo Ventures; and Aaron Royston, MD, partner at venBio.
The company intends to use the funds to broaden the commercial availability of the innovative INBRACE solution through expanded orthodontist onboarding and training, increased sales and marketing resources and consumer demand generation programs in support of existing and new INBRACE providers.
Led by Dr. John Pham, CEO and co-founder, Swift Health Systems has made invisible braces that sit unseen behind patient teeth, leveraging an all-digital platform and innovative wire and bracket designs. Patented INBRACE Smartwires® are programmed using data captured from digital scans of patient teeth and automate many steps in orthodontic treatment. The system allows patient anatomy to naturally dictate the most efficient path for all tooth movements, resulting in increased practice efficiency and reduced overall treatment time – a true win-win for patients and orthodontists.
FinSMEs
08/10/2019