What is SouSmile?
Founded in 2018, SouSmile operates on a unique model that combines direct-to-consumer sales of its branded invisible aligners and whitening gels with a network of conveniently located retail clinics. These clinics offer personalized treatment plans developed by in-house dentists, bridging the gap between convenience and professional dental care. The company aims to democratize access to high-quality smile makeovers, believing that everyone deserves a smile they love. SouSmile's approach integrates retail presence with expert dental services, positioning it as an innovative player in the health and beauty technology space.
How much funding has SouSmile raised?
SouSmile has raised a total of $29.1M across 3 funding rounds:
Angel/Seed
$1.1M
Series A
$10M
Series B
$18M
Angel/Seed (2019): $1.1M with participation from Global Founders Capital
Series A (2020): $10M led by Global Founders Capital, Kaszek Ventures, and Canary
Series B (2021): $18M supported by Kaszek Ventures, Global Founders Capital, Atmos Capital, and Allievo Capital
Key Investors in SouSmile
Kaszek Ventures
Kaszek Ventures is a venture capital firm dedicated to supporting exceptional tech entrepreneurs in Latin America, providing capital and strategic expertise for companies from early stages through to pre-IPO.
Global Founders Capital
Global Founders Capital is an early-stage investor backing gifted entrepreneurs globally, with a focus on category-defining ventures and providing operational support from pre-seed to IPO.
Atmos Capital
Atmos Capital specializes in investment funds, offering resources and insights to investors while emphasizing the importance of understanding fund regulations before investment.
What's next for SouSmile?
With the recent major strategic investment, SouSmile is poised for accelerated growth and expansion. The substantial capital infusion, part of its $29.1M in total financing, will likely be directed towards enhancing its technological infrastructure, expanding its retail footprint, and further developing its product offerings. This strategic backing from prominent investors suggests a focus on scaling operations, optimizing the customer journey, and solidifying its market leadership in the burgeoning field of teledentistry and cosmetic dental solutions. The company's trajectory indicates a strong emphasis on innovation and customer accessibility.
See full SouSmile company page
