How Much Did Neocis Raise?
Funding & Key Investors

Neocis, the Miami-based pioneer in dental robotics, has successfully secured a total of $178.3M in capital to date, reinforcing its position as a transformative force in surgical technology. The company recently finalized a major strategic investment of $20M, marking a significant milestone in its mission to modernize dental procedures through advanced automation. This latest infusion of capital underscores the confidence institutional investors maintain in the company's long-term vision for the dental healthcare sector.

The firm's growth trajectory has been marked by consistent backing from high-profile venture capital entities, enabling the company to scale its operations and expand the reach of its flagship platform. By securing this recent financing, Neocis is well-positioned to accelerate its research and development initiatives, ensuring that its proprietary technology remains at the cutting edge of the medical device industry.

What is Neocis?

Neocis
ManufacturingMedical Devices & EquipmentIndustrial Machinery & Equipment

Neocis is a private medical technology company that has fundamentally altered the landscape of dental surgery with the introduction of Yomi, the first and only robot-assisted surgical platform cleared by the U.S. Food and Drug Administration. By integrating advanced robotics into the dental workflow, Neocis provides practitioners with enhanced precision and control, effectively bridging the gap between traditional surgical methods and the future of digital dentistry. The company operates at the intersection of healthcare and robotics, focusing on improving patient outcomes through technological innovation and clinical excellence.

How much funding has Neocis raised?

Neocis has raised a total of $178.3M across 6 funding rounds:

2014

Series B

$1.3M

2017

Private Equity

$15M

2019

Series C

$30M

2020

Series D

$72M

2022

Other Financing Round

$40M

2024

Other Financing Round

$20M

Series B (2014): $1.3M, investors not publicly disclosed

Private Equity (2017): $15M, investors not publicly disclosed

Series C (2019): $30M supported by Norwest Venture Partners and Mithril Capital Management

Series D (2020): $72M featuring Mithril Capital Management, Vivo Capital, Section 32, Norwest Venture Partners, Fred Moll, and Draper Associates

Other Financing Round (2022): $40M backed by Norwest Venture Partners, Intuitive Ventures, Vivo Capital, Mithril Capital Management, and DFJ Growth

Other Financing Round (2024): $20M with participation from NVentures and Mirae Asset Capital Markets (India) Pvt

Key Investors in Neocis

Mithril Capital Management

Mithril Capital is a family of long-term venture capital funds that is agnostic to sector and geography. The firm invests and partners with teams leveraging technology to create valuable and enduring businesses, particularly in industries that are ripe for transformation.

Norwest Venture Partners

Norwest Venture Partners is a premier multi-stage investment firm that partners with founders to build market-leading companies across a wide range of sectors, including healthcare and technology.

Vivo Capital

Vivo Capital is a global healthcare investment firm founded in 1996, specializing in private and public equity as well as venture capital to support innovative medical advancements.

What's next for Neocis?

With the recent capital injection, Neocis is poised to enter a new phase of market penetration and technological refinement. The company is expected to leverage these resources to broaden the clinical applications of the Yomi platform, potentially expanding its footprint beyond current dental surgical standards. As the industry shifts toward more digitized and automated surgical environments, Neocis remains a critical player, likely focusing on scaling its commercial infrastructure and deepening its integration within dental practices globally. The strategic focus will likely remain on maintaining its regulatory leadership while driving adoption of robotic-assisted workflows in complex dental procedures.

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Frequently Asked Questions Regarding Neocis Financial Insights

What are the most recent funding rounds that Neocis has completed, and what were the funding rounds?
Neocis has recently completed 3 funding rounds: Other Financing Round on Jan 10, 2024, Other Financing Round on Oct 27, 2022, Series D on Oct 8, 2020.
What is the total amount of funding Neocis has raised to date?
Neocis has raised a total of $178.3M in funding to date.
How many funding rounds has Neocis completed?
Neocis has completed 3 funding rounds.
How much funding did Neocis raise in its most recent funding round?
Neocis raised $20M in its most recent funding round.
Who are the lead investors in Neocis's latest funding round?
The lead investor in Neocis's latest funding round was NVentures. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Neocis's history?
The largest funding round in Neocis's history was $72M.
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