quip Raises $100M in Funding

quip

quip, a NYC-based oral healthcare company with over 7.5 million users, raised $100m in growth funding.

Backers included Cowen Sustainable Investments. Artem Mariychin, Managing Director at CSI, will join the company’s board.

The company intends to use the funds to further scale its existing consumer packaged goods (CPG) business and accelerate the development of new verticals, innovations in professional services and global expansion.

Led by co-founder and CEO Simon Enever, quip provides personal oral care products and professional dental care services. The current personal care offerings include a wide selection of American Dental Association accepted (ADA seal) adult and kid electric toothbrushes, smart brushes, refillable floss pick and string, mouthwash and gum, all kept fresh with a refill delivery service.

FinSMEs

31/08/2021