LightForce Orthodontics announced that it raised an $80 million Series D round that will help the company scale production and innovation.
LightForce Orthodontics, makers of the world’s first fully personalized 3D printed braces system, today announced it raised an $80 million Series D round led by Ally Bridge Group. Transformation Capital, and Care Capital. Omega Venture Partners, Matter Venture Partners, and the American Association of Orthodontics also participated in the round, as did existing LightForce investors, including Kleiner Perkins, Tyche Partners, and Matrix Partners.
With the funding, LightForce will advance its mission to empower orthodontists to deliver personalized care with custom 3D printed brackets by scaling production with a new facility, advancing the use of AI in its workflows, and investing in education.
With the new funding, LightForce will continue to grow its team of engineers and scientists to further develop its software and hardware to improve patient experience with shorter treatment times and better clinical outcomes. The Series D round will also prepare the company to grow and scale production capabilities, with a new, 36,000 square-foot manufacturing facility in Wilmington, Massachusetts.
To support the new business growth, LightForce will also add sales and manufacturing roles to its team
“This incredible syndicate of investors brings diverse expertise from the medical device, health IT, AI, and advanced manufacturing sectors to provide critical resources and expert guidance that will support our overall growth and continued innovation,” said Alfred Griffin III, DMD, PhD, MMSc, LightForce chief executive officer and co-founder “LightForce was founded to provide fully personalized treatment options to orthodontists for each of their patients to improve their outcomes and experience while in treatment. With this funding, LightForce will continue to attract key talent, innovate through our incredible community of orthodontists, and scale operations as we seek to elevate the standard of care for teen orthodontic treatment.”
Photo courtesy of LightForce Orthodontics