LightForce Orthodontics, a Burlington, MA-based maker of a personalized 3D printed braces system, raised an $80m Series D funding round.
The round was led by Ally Bridge Group with participation from Transformation Capital, CareCapital, Omega Venture Partners, Matter Venture Partners, the American Association of Orthodontics, Kleiner Perkins, Tyche Partners, and Matrix Partners.
The company intends to use the funds to to grow its team of engineers and scientists to further develop its software and hardware to improve patient experience, grow and scale production capabilities, with a new, 36,000 square-foot manufacturing facility in Wilmington, Massachusetts, advance the use of AI in its workflows, and invest in education.
Founded in 2015 by Dr. Alfred Griffin, DMD, PhD, MMSc, along with Dr. Lou Shuman, DMD, CAGS, LightForce is a manufacturer of directly 3D printed functional medical devices, providing orthodontists with a comprehensive braces solution that improves treatment efficiency and outcomes for patients. Its 3D printed hardware is custom-made according to a personalized, digital treatment plan. From Intraoral and CBCT support to final prescription, the software incorporates AI for generating accurate digital representations of patient anatomy, and optimal teeth positions for clinical efficiency and aesthetics.
FinSMEs
02/08/2023