# Sunshine Smile

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sunshine-smile

- Industry: Healthcare Specialists
- Headquarters: Berlin, Germany
- Website: www.plusdental.de
- Total disclosed funding: $88M
- Latest round: Series C (Mar 16, 2021)
- Investors on record: 10

## About

Sunshine Smile GmbH, based in Berlin, Germany, specializes in innovative orthodontic solutions, primarily offering custom clear aligners and digital planning software to enhance dental care and patient outcomes.Founded in 2017, Sunshine Smile GmbH operates in the dental care sector, focusing on orthodontic treatments. The company has completed 10 deals, with the latest being a Series C funding round on May 20, 2022, which raised EUR 35.000 mn led by Jebsen Capital. The company is currently valued at EUR 611.074 mn. The founder, David Khalil, has a background in entrepreneurship, but details about other ventures are not specified. Located in Berlin, Germany, Sunshine Smile has not undergone any significant pivots or changes in its operational strategy.Sunshine Smile specializes in a range of dental care solutions, focused on innovative orthodontic treatments designed to enhance patient outcomes. Their primary offerings include custom clear aligners and digital treatment planning software, catering to orthodontic practices, dental clinics, and consumers seeking orthodontic solutions. These products address common dental issues, enhancing the quality of life for users seeking a straighter smile. Sunshine Smile operates primarily in North America and Europe, establishing a robust presence through strategic partnerships and distribution channels.In the most recent fiscal year of 2021, Sunshine Smile reported revenue of EUR 48,945,515.50 and an EBITDA of EUR -40,972,008.30. The company generates revenue through direct-to-consumer sales and partnerships with dental professionals, involving transactions for custom aligners via an online platform and subscription-based services for ongoing support and consultations. Their flagship aligner product is complemented by digital services that enhance user experience and engagement.Following a successful acquisition on July 2022, Sunshine Smile plans to leverage its recent funding for expansion into the Netherlands, Sweden, and the UK. The company aims to introduce new products designed to enhance the orthodontic experience, although specific release dates are not mentioned. They will utilize the EUR 35.000 mn raised in the Series C funding round to support these initiatives, further solidifying their market presence in Europe.

## Funding rounds

- Series C, Mar 16, 2021, $42M — Kreos Capital, Jebsen Capital, Cadence Growth Capital, F4
- Series C, May 20, 2020, $35M — HV Capital, Lakestar, Ping An Global Voyager Fund, F4, ROMM Holding GmbH
- Series B, Jan 22, 2019, $11M — HV Capital, Lakestar, Elephant & Castle Capital
- Seed, Jan 1, 2018 — Saarbruecker21

## Investors

- Saarbruecker21 (https://capitalatlas.ai/funds/saarbruecker21) — Seed
- HV Capital (https://capitalatlas.ai/funds/hv-capital) — Series B, Series C
- Lakestar (https://capitalatlas.ai/funds/lakestar) — Series B, Series C
- Elephant & Castle Capital — Series B
- Ping An Global Voyager Fund (https://capitalatlas.ai/funds/ping-an-global-voyager-fund) — Series C
- F4 (https://capitalatlas.ai/funds/f4) — Series C
- ROMM Holding GmbH — Series C
- Kreos Capital — Series C
- Jebsen Capital (https://capitalatlas.ai/funds/jebsen-capital) — Series C
- Cadence Growth Capital (https://capitalatlas.ai/funds/cadence-growth-capital) — Series C