President and co-founder Blair Feldman, DMD, says the business model of partnering with orthodontists and dental professionals to provide their patients with in-office care and home delivery, is what led to the $1M venture capital investment during the COVID-19 crisis.
Retainer Club, a subscription retainer service, and Mouthguard Club, which provides athletes with custom designed mouthguards, today announced the closing of a $1M venture capital investment from Will Ventures, an early-stage venture capital firm that focuses on companies at the intersection of sports and technology.
“Being able to raise capital during the COVID-19 crisis is a testament to Retainer Club & Mouthguard Club’s winning business model of partnering with orthodontists and dental professionals to provide their patients with the best of both worlds, in-office care for the treatments they provide, and home delivery for post-treatment retainers and custom mouthguards for athletes,” says president and co-founder Blair Feldman, DMD. “Bacteria and viruses collect on retainers and mouthguards over time and the only way to eliminate 100% of them is to replace them. Until Retainer Club & Mouthguard Club, there was no easy and inexpensive way to do that.”
Brian Reilly, co-founder and managing partner of Will Ventures, is very confident that Retainer Club & Mouthguard Club are well-positioned to become category leaders in the direct-to-consumer space. “The companies’ co-founders, Craig Weiss and Blair Feldman, are proven entrepreneurs, and their subscription services address clear market needs. We are excited to leverage our sports and consumer healthcare networks to aid in their success.”
As a former NFL linebacker, Reilly’s business partner, Isaiah Kacyvenski, adds that he witnessed first-hand the many benefits of the custom-fitted mouthguard that the pros get to wear after a lifetime of frustration with the generic boil-and-bite mouthguards that the rest of us are forced to use. “We are confident that Mouthguard Club will disrupt the current mouthguard industry in which 40 million mouthguards are sold in the United States every year.”