What is Quip?
Founded in 2015, Quip has redefined the oral care landscape by integrating product design with professional dental services. The company operates at the intersection of consumer electronics and health services, providing a subscription-based model that simplifies the maintenance of oral hygiene. By focusing on user-centric design and accessibility, Quip has successfully disrupted traditional retail models in the dental industry. Its market position is characterized by a strong brand identity and a commitment to simplifying the complex ecosystem of dental health, effectively bridging the gap between daily personal care and professional clinical oversight.
How much funding has Quip raised?
Quip has raised a total of $152M across 4 funding rounds:
Private Equity
$10M
Other Financing Round
$40M
Debt
$2M
Private Equity
$100M
Private Equity (2017): $10M with participation from Sherpa Capital
Other Financing Round (2018): $40M led by Sherpa Capital and Triplepoint Capital
Debt (2020): $2M supported by PPP
Private Equity (2021): $100M featuring Cowen Sustainable Investments
Key Investors in Quip
Sherpa Capital
Sherpa Capital is a private equity investment firm that operates within the alternative asset management sector, focusing on investing in and transforming mid-sized companies across the Iberian region. The firm adopts an active ownership approach, working closely with management teams to design and implement transformation strategies.
Cowen Sustainable Investments
Cowen Sustainable Investments is a specialized investment vehicle focused on identifying and scaling companies that demonstrate long-term environmental and social sustainability within their core business models.
Triplepoint Capital
Triplepoint Capital is a prominent venture lending firm that provides customized debt financing solutions to high-growth, venture-backed companies across various technology sectors.
What's next for Quip?
With the recent influx of capital, Quip is well-positioned to accelerate its expansion into new service verticals and enhance its digital health offerings. The strategic focus will likely center on deepening its integration with professional dental networks and scaling its direct-to-consumer infrastructure. As the company matures, the emphasis will shift toward long-term value creation, leveraging its established user base to introduce advanced diagnostic tools and personalized health insights. This phase of growth is critical for Quip as it seeks to transition from a hardware-focused brand to a comprehensive, data-driven oral health ecosystem, setting a new standard for the industry at large.
See full Quip company page
