# Candid Care Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/candid-care

- Industry: Healthcare Specialists
- Headquarters: New York, US
- Website: www.candidco.com
- Total disclosed funding: $25M
- Latest round: Series B (Apr 9, 2019)
- Investors on record: 6

## About

Candid Care Co. provides innovative orthodontic solutions through its clear aligner system, designed for general dentists to enhance patient care and streamline orthodontic treatments for both children and adults.Candid Care Co., founded in 2017 in New York, US, specializes in clear aligner systems for orthodontic treatments. The firm has completed 5 deals, with the most recent funding round occurring on April 9, 2019. In this Series B round, Candid raised USD 13.4 mn from notable investors including Bessemer Venture Partners and Greycroft Partners. CEO Ann Chang leads the company, which has achieved a current valuation of USD 247.38 mn.CandidPro, a division of Candid Care Co., specializes in a clear aligner system targeted at general dentists, enabling effective orthodontic treatments for pediatric and adult patients. Its offerings include FDA-cleared remote patient monitoring, personalized guidance from orthodontists, and advanced clear aligners made from stain-resistant Zendura FLX materials. The service effectively addresses Class I, II, and III malocclusions while minimizing the need for in-office visits through the CandidMonitoring system, ensuring efficient oversight of patient progress and treatment outcomes.CandidPro operates on a service fee model that includes case submissions and ongoing clinical support from licensed orthodontists in the US. General dentists utilize the CandidPro platform with a set fee for each submitted case, which encompasses tailored treatment plans and support services. Additionally, the company promotes its ProMonitoringApp™, which enhances patient engagement and compliance while reducing the necessity for extra office visits. Revenue is generated through these case fees, potentially supplemented by partnerships with dental product suppliers.In April 2019, Candid Care Co. secured USD 13.4 mn in Series B funding, which will support the development of new products and services. The company plans to expand its clear aligner offerings and aims to penetrate additional markets in North America. The recent capital will facilitate these initiatives, allowing the firm to enhance its service delivery while addressing the orthodontic needs of a broader patient base.

## Funding rounds

- Series B, Apr 9, 2019, $13M — Headline, Greycroft, Bessemer Venture Partners, RiverPark Advisors, blisce/
- Series A, Nov 21, 2017, $12M — Headline, Greycroft, Bessemer Venture Partners, Arena Ventures

## Investors

- Headline (https://capitalatlas.ai/funds/headline) — Series A, Series B
- Greycroft (https://capitalatlas.ai/funds/greycroft) — Series A, Series B
- Bessemer Venture Partners (https://capitalatlas.ai/funds/bessemer-venture-partners) — Series A, Series B
- Arena Ventures (https://capitalatlas.ai/funds/arena-ventures) — Series A
- RiverPark Advisors (https://capitalatlas.ai/funds/riverpark-advisors) — Series B
- blisce/ (https://capitalatlas.ai/funds/blisce) — Series B