What is True Function Laboratory?
True Function Laboratory operates as a specialized medical device manufacturer, focusing on the precision fabrication of oral appliances such as obstructive sleep apnea splints and occlusal guards. With over 25 years of industry experience, the company has carved out a niche by prioritizing clinical efficiency and rapid turnaround times, typically delivering high-quality products within a seven-business-day window. By integrating digital scanning capabilities and maintaining proactive communication channels, the laboratory serves as a critical partner for dental professionals seeking reliable, patient-centric solutions. Their market position is defined by a commitment to technical excellence and a streamlined workflow that addresses the evolving needs of modern dental practices.
How much funding has True Function Laboratory raised?
True Function Laboratory has raised a total of $776K across 4 funding rounds:
Debt
$150K
Debt
$188K
Debt
$188K
Debt
$250K
Debt (2020): $150K with participation from PPP
Debt (2021): $188K led by PPP
Debt (2024): $188K supported by Banner Bank
Debt (2024): $250K featuring Banner Bank
Key Investors in True Function Laboratory
Banner Bank
A regional financial institution providing commercial banking services and debt financing solutions to support business growth and operational stability.
PPP
Public-Private Partnership
What's next for True Function Laboratory?
With the recent influx of capital, True Function Laboratory is well-positioned to scale its production infrastructure and further integrate advanced digital manufacturing technologies. The strategic use of debt financing suggests a focus on long-term asset optimization and market expansion rather than equity dilution. Moving forward, the company is expected to enhance its digital scanning acceptance protocols and potentially broaden its product portfolio to include more complex therapeutic devices. By maintaining its focus on rapid delivery and clinical reliability, True Function Laboratory aims to solidify its status as a preferred vendor for dental practitioners navigating the complexities of sleep medicine and restorative dentistry.
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