Toothio, a Phoenix, AZ-based provider of an on-demand dental staffing platform, raised $4M in Seed funding.
The round was led by Craft Ventures with participation from Burst Capital, Moving Capital, Revere Partners, and Rho Capital Partners. This investment follows an initial backing from AZ Crown, founders of Insight Enterprises (Nasdaq: NSIT).
The company intends to use the funds to accelerate its growth by enhancing its technology, expanding into key US markets, increasing its network of dental professionals, and adding to its sales team.
Led by CEO Ian Prendergast, Toothio aims to alleviate the staffing challenges faced by dentists by providing on-demand access to hygienists and assistants. The staffing platform enables dental practices to quickly increase office production and better support their patients.
Since its founding in 2021, Toothio has facilitated thousands of completed shifts and expanded to Phoenix, Denver, Dallas, and Austin. By the end of 2023, the company plans to serve three additional US markets, increasing access to thousands of practices, professionals, and DSOs.
To advance its growth plans, the company has appointed Keith Clements as Chief Commercial Officer, a seasoned executive with a proven track record of scaling the country’s largest dental companies. Clements spearheaded sales at Young Innovations, successfully developing its Dental Service Organizations (DSO) business and playing a key role in the integration of multiple acquisitions. Before that, Clements served as VP of Sales at Dentsply Sirona (Nasdaq: XRAY), leading the company’s US consumable business, strategic account group, and dealer-based business during his decade-long tenure.
FinSMEs
16/08/2023