What is True Function Laboratory?
True Function Laboratory specializes in the fabrication of oral devices, including obstructive sleep apnea splints and occlusal guards. The company distinguishes itself through a commitment to quick turnaround times, aiming for a 7-business-day delivery. Their operational model is designed to offer a hassle-free experience for clinicians, emphasizing proactive communication and the delivery of tailored, high-quality products. With over 25 years of industry experience, True Function Laboratory serves dental professionals seeking dependable and efficient solutions for patient care, accepting digital scans and offering a variety of device options to accommodate diverse clinical preferences.
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
Banner Bank is a financial institution that has provided debt financing to True Function Laboratory, indicating a role in supporting the company's operational and expansionary capital needs.
PPP
Public-Private Partnership
Undisclosed investor
An undisclosed investor participated in the funding round, contributing to the overall capital raised by True Function Laboratory.
What's next for True Function Laboratory?
The substantial enterprise-level funding and recent strategic investment position True Function Laboratory for accelerated growth and enhanced operational capabilities. This capital infusion is expected to fuel advancements in their fabrication processes, potentially expanding their product lines and increasing their market reach. The company's focus on rapid turnaround and clinician support, combined with this significant financial backing, suggests a strategic push to solidify its position as a leading provider of custom oral devices. Future developments may include technological upgrades, expanded service offerings, and strategic partnerships to further streamline the dental professional's workflow.
See full True Function Laboratory company page
