Summary: Toothio, a dental staffing platform, has raised $5 million to expand into new U.S. markets, addressing critical staffing shortages by connecting dental offices with qualified professionals.
Key Takeaways:
- Toothio’s algorithm-driven platform improves staffing efficiency for dental offices facing hiring challenges.
- The new funding supports rapid expansion and flexibility for dental staff and offices across multiple U.S. cities.
Toothio, a digital staffing marketplace for the dental industry, announced $5 million in additional financing led by NVP Capital and Craft Ventures. Rho Capital, Marketplace Capital, Roosh Ventures, Burst Capital, Revere Partners, Karman Ventures, Az Crown, and Connexa Capital also participated. The capital infusion coincides with Toothio’s expansion into several new markets, including Chicago, Los Angeles, San Jose, Portland, Seattle, Baltimore, Charlotte, and Orlando.
Addressing Staffing Shortages in Dentistry
Hiring qualified dental hygienists, assistants, and office staff remains a significant challenge for dental offices across the United States. Toothio is tackling the labor gap by connecting credentialed dental hygienists, assistants, and receptionists with offices that rely on their essential work.
“As an investor, it is rare to identify a pain point as severe as the staffing shortage that persists in the dental industry,” said Jonathan Beda, managing partner at Connexa Capital. “Toothio’s best-in-class retention among dental professionals and dental practices on the platform reflects the company’s incredibly effective matching algorithm and management’s deep understanding of its users’ needs.”
Exclusive Access to Qualified Dental Professionals
Toothio gives private practices and dental service organizations (DSOs) exclusive access to a vetted pool of over 30,000 qualified dental professionals. The company’s proprietary algorithm matches top-rated professionals with open shifts nearby, connecting dental offices with skilled staff for their unique needs.
The latest financing and market expansion follows a year of growth for Toothio, with over 15,000 dental professionals added to the platform in 2024. Since its founding, the company has driven 300% year-over-year growth, filling thousands of open shifts for private practices and DSOs, according to Toothio.
“With dental offices across the country struggling to maintain full staffing levels, we’re here to ensure both patient care and office efficiency are optimized,” said Ian Prendergast, co-founder and chief executive officer of Toothio. “This additional capital will help us further expand the reach of our platform, delivering seamless, on-demand staffing solutions for dental offices across the country – while empowering staff through a more flexible model of work.”
Photo: ID 54977763 | Healthcare © Monkey Business Images | Dreamstime.com
