# SouSmile

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sousmile

- Industry: Healthcare Specialists
- Headquarters: Sao Paulo, Brazil
- Website: www.sousmile.com
- Total disclosed funding: $34M
- Latest round: Series B (Oct 21, 2021)
- Investors on record: 7

## About

SouSmile is a Brazilian company that provides innovative invisible orthodontic aligners designed to align teeth discreetly without traditional braces. Their solutions cater to both adults and teens seeking effective orthodontic treatment.Founded in 2018 in Sao Paulo, Brazil, SouSmile specializes in designing and providing invisible orthodontic aligners. The company's founders, Alexandre Gama, Andrea Cristófaro, Natália Lombardo, and Ornella Moraes, have previously engaged in various entrepreneurial ventures. The firm has completed a total of 4 deals, with the most recent funding round being a Series B amounting to BRL 100 million on October 21, 2021, led by Kaszek Ventures along with several other investors. This funding represents the entirety of the total amount raised by the company.SouSmile specializes in providing innovative invisible orthodontic aligners that utilize Ultrasmile technology, designed to effectively align teeth without the use of traditional brackets and wires. Their primary product offering includes a range of transparent aligners tailored to treat various dental issues such as alignment, spacing, and bite correction. The aligners are crafted from a flexible and comfortable material, allowing for a discreet treatment experience, making them suitable for adults and teens seeking a less noticeable option compared to conventional braces. Customers typically engage with the company through a multi-step process that includes an initial virtual pre-assessment, followed by an in-person evaluation to customize treatment plans. SouSmile operates in multiple geographical markets, with a strong presence in Brazil and expanding reach in other Latin American countries.SouSmile generates revenue through a direct-to-consumer model, offering a fixed pricing structure for its orthodontic treatments. Customers pay for their aligner treatment plans upfront, which include costs associated with the design, manufacturing, and ongoing support throughout the treatment duration. The company offers several treatment plans based on the severity of the dental issues—Light, Smart, and Plus—which cater to varying degrees of alignment complexity, with treatment durations ranging from approximately 3 to 18 months. Clients benefit from personalized service and the convenience of digital platforms to manage their treatment journey, reinforcing customer satisfaction and loyalty.In October 2021, SouSmile raised BRL 100 million in Series B funding, led by Kaszek Ventures, to advance its growth strategy. The company plans to significantly expand its presence from two to 30 cities across Brazil. The investment will support initiatives to enhance product offerings and market reach, focusing on increasing accessibility to its orthodontic solutions within the Brazilian market.

## Funding rounds

- Series B, Oct 21, 2021, $17M — Kaszek Ventures, Global Founders Capital, Allievo Ventures, Atmos Capital, Endeavor Scale-up Ventures, Chromo Invest
- Series A, Mar 24, 2020, $10M — Kaszek Ventures, Global Founders Capital, Canary
- Series A, Aug 5, 2019, $5.1M — Kaszek Ventures, Global Founders Capital, Canary
- Seed, Apr 25, 2019, $1.1M — Global Founders Capital, Canary

## Investors

- Global Founders Capital (https://capitalatlas.ai/funds/global-founders-capital) — Seed, Series A, Series B
- Canary (https://capitalatlas.ai/funds/canary) — Seed, Series A
- Kaszek Ventures (https://capitalatlas.ai/funds/kaszek-ventures) — Series A, Series B
- Allievo Ventures — Series B
- Atmos Capital (https://capitalatlas.ai/funds/atmos-capital) — Series B
- Endeavor Scale-up Ventures (https://capitalatlas.ai/funds/endeavor-scale-up-ventures) — Series B
- Chromo Invest — Series B