What is uLab Systems?
Founded in 2015 and based in Memphis, Tennessee, uLab Systems is at the forefront of the orthodontic industry, developing digital treatment planning software and aligner products. The company is driven by a seasoned team of engineers and entrepreneurs dedicated to empowering orthodontists with greater control over their treatment plans. uLab Systems' mission is to modernize orthodontic care through technology, offering sophisticated digital tools that enhance both practitioner efficiency and patient outcomes.
How much funding has uLab Systems raised?
uLab Systems has raised a total of $103.8M across 6 funding rounds:
Series A
$4.9M
Series C
$6M
Series D
$18M
Debt
$350K
Series E
$54.5M
Debt
$20M
Series A (2017): $4.9M with participation from Civilization Ventures, 7Gate Ventures, and Iratel Ventures
Series C (2019): $6M led by Light Bridge Ventures
Series D (2020): $18M supported by West Asset Management LLC
Debt (2020): $350K featuring PPP
Series E (2021): $54.5M, investors not publicly disclosed
Debt (2022): $20M with participation from CareCapital
Key Investors in uLab Systems
Civilization Ventures
Civilization Ventures is a venture capital firm that invests in innovative companies within the health tech and biopharma sectors, focusing on preventative, personalized, and regenerative healthcare solutions. Since its inception in 2017, the firm has managed over $200 million in capital and partnered with more than 70 companies, supporting founders through a unique Fellowship program and a vast network of experienced executives.
7Gate Ventures
7 Gate Ventures is a venture capital firm based in Vancouver, Canada, and Silicon Valley, specializing in early-stage startup investments from Pre-Seed to pre-Series A. Established in 2015 by a team of serial entrepreneurs, the firm focuses on innovative technology companies, particularly in Enterprise Software, Marketplaces, HealthTech, and Medical Devices.
Iratel Ventures
Since 2015, Iratel has been offering end-to-end solutions in the telecom sector. In 1993, Iratel implemented the first ever GSM network with a capacity of 10,000 subscribers in exclusive partnership with Nokia. In 1996, Iratel in partnership with Ericsson was awarded the project to expand mobile network of MCCI (now Hamrah Aval) to initially 7 million and then to 15 million subscribers.
What's next for uLab Systems?
The recent major strategic investment signals a period of accelerated growth and market expansion for uLab Systems. This capital infusion is expected to fuel further development of its digital treatment planning software and aligner technologies, reinforcing its competitive edge. The company is poised to deepen its impact on the orthodontic landscape, potentially exploring new market segments and enhancing its product offerings to meet evolving industry demands. This strategic financing will likely support scaling operations and solidifying its position as a leader in digital orthodontics.
See full uLab Systems company page
