NEW YORK — Quip, a company that sells electric toothbrushes and oral healthcare products with over 7.5 million users, announced it has raised $100 million in growth funding from Cowen Sustainable Investments (CSI) an environmental sustainability focused growth investment strategy.
“quip is well on its way to becoming the iconic oral care brand in the way we’ve seen companies revolutionize other industries like fitness, pet care and eyewear. No other oral care company can match quip’s engaged customer base, data expertise, professional network and digital platform that helps people take control of every aspect of their oral health,” said Ewa Kozicz, Co-Head of CSI.
Since launching in 2015, quip has upended the personal oral care market becoming the first and most prolific brand putting design, accessibility and simplicity at the forefront of oral care while providing a tangible benefit to the environment with its innovative, first of its category, refillable oral care products and all-paper recyclable packaging. With the Series B funding, quip will further scale its existing consumer packaged goods (CPG) business and fuel the development of new verticals, innovations in professional services and global expansion, taking aim at the entire global oral healthcare market.
Planned areas of investment by quip include:
“At quip, we want to improve every step in your oral health journey…whether that’s rewarding you for regularly brushing your teeth for two minutes twice a day, tracking changes in your oral health, or seamlessly scheduling your next dentist appointment through our app,” said quip co-founder and CEO, Simon Enever. “We want to redesign the way the industry conventionally views, provides, and integrates oral health into everyday life.”
NEW YORK – The law firm Wilson Elser has relocated its Garden City, NY, office …
BROOKLYN -- Mae Health Inc, has closed a seed funding round, led by Jumpstart Nova,…
NEW YORK -- Daloopa, a provider of AI-powered Data Infrastructure for Financial Institutions, has closed…
Governor Kathy Hochul announced $15 million for the expansion of Cold Spring Harbor Laboratory’s Pancreatic…
The NYS Thruway Authority has begun a $13.7 million pavement improvement project on the Thruway…
Governor Kathy Hochul announced that Worksport Ltd. will invest $6 million and expand its state-of-the-art…