Kolibree, a smart oral care company, raised in a Series A funding round totalling $4m .
SOSV has now joined current investors SEB Alliance, Innovacom, Cap Horn and Dental Investment Group for Health (read our June 2015 news about the round here).
The company intends to use the funds to expand product portfolio, licensing agreements with video game developers and continue to develop the platform.
Led by Founder/CEO Thomas Serval, Kolibree has developed a connected electric toothbrush with 3D motion sensors, uses proprietary technology for an interactive tooth brushing experience for children and adults, and provides real-time feedback to improve oral care and oral health. The system is compatible with both iOS and Android smart phones and tablets, with new apps being introduced in January 2016.
The company, which has offices in New York, Paris and Hong Kong, intends to begin a new round of funding with a goal of raising USD $10m.
FinSMEs
06/01/2015