About Align Technology
Align Technology is a company based in Tempe (United States) founded in 1997.. Align Technology has raised $86 million across 4 funding rounds from investors including Kleiner Perkins, The Carlyle Group and Cieplak Dental Excellence. The company has 1,051 employees as of December 31, 2022. Align Technology has completed 4 acquisitions, including Cadent, Cubicure and Exocad. Align Technology offers products and services including Invisalign System and iTero Systems. Align Technology operates in a competitive market with competitors including Zenyum, Angelalign, Invisalign, InBrace and SouSmile, among others.
- Headquarter Tempe, United States
- Employees 1051 as on 31 Dec, 2022
- Stage Public
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Align Technology, Inc.
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Annual Revenue
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Net Profit
$5.13 M (USD)0as on Dec 31, 2022
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EBITDA
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Total Equity Funding
$86 M (USD)
in 4 rounds
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Latest Funding Round
$200 M (USD), Post-IPO
Feb 28, 2018
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Investors
Kleiner Perkins
& 5 more
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Employee Count
1051
as on Dec 31, 2022
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Investments & Acquisitions
Cadent
& 3 more
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IPO & Listings of Align Technology
Align Technology is a publicly listed company on the NASDAQ with ticker symbol ALGN in USA, operating in the Health technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Align Technology
Align Technology offers a comprehensive portfolio of products and services, including Invisalign System and iTero Systems. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Clear aligners for straightening teeth and improving smiles
Scanners for precise dental impressions and treatment planning
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Software Development Team
230 people
Sales and Marketing
90 people
Leadership Team
49 people
Senior Team
38 people
Product Management Team
36 people
Data Analysis and Operations Team
26 people
Finance and Accounting
23 people
Sr. Team
17 people
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Funding Insights of Align Technology
Align Technology has successfully raised a total of $86M across 4 strategic funding rounds. The most recent funding activity was a Post-IPO round of $200 million completed in February 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Post-IPO — $200.0M
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First Round
First Round
(21 Jun 2000)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2018 | Amount | Post-IPO - Align Technology | Valuation |
investors |
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| Feb, 2018 | Amount | Post-IPO - Align Technology | Valuation |
investors |
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| Aug, 2009 | Amount | Post-IPO - Align Technology | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Align Technology
Align Technology has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Kleiner Perkins, The Carlyle Group and Cieplak Dental Excellence. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm
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Founded Year | Domain | Location | |
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Expansion stage tech-focused VC firm investing primarily in the US
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Founded Year | Domain | Location | |
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Private equity investments are directed toward multiple sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Align Technology
Align Technology has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Cadent, Cubicure and Exocad. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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High-performance polymer materials for 3D printing are developed.
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2015 | ||||
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Dental CAD/CAM software is developed for labs and clinics.
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2010 | ||||
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3D digital solutions are provided for orthodontic and dental industries.
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1999 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Align Technology
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Align Technology Comparisons
Competitors of Align Technology
Align Technology operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Zenyum, Angelalign, Invisalign, InBrace and SouSmile, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Invisible braces and oral care products are developed and provided.
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| domain | founded_year | HQ Location |
Developer of invisible orthodontic products for oral treatment
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| domain | founded_year | HQ Location |
Custom-made transparent aligners are developed for dental straightening.
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| domain | founded_year | HQ Location |
Behind-the-teeth teeth straightening solutions are provided by InBrace.
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| domain | founded_year | HQ Location |
Provider of invisible aligner treatments for individuals to improve the smile
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Align Technology
Frequently Asked Questions about Align Technology
When was Align Technology founded?
Align Technology was founded in 1997 and raised its 1st funding round 3 years after it was founded.
Where is Align Technology located?
Align Technology is headquartered in Tempe, United States. It is registered at Tempe, Arizona, United States.
Who is the current CEO of Align Technology?
Joe Hogan is the current CEO of Align Technology.
Is Align Technology a funded company?
Align Technology is a funded company, having raised a total of $86M across 4 funding rounds to date. The company's 1st funding round was a Post-IPO of $72.3M, raised on Jun 21, 2000.
How many employees does Align Technology have?
As of Dec 31, 2022, the latest employee count at Align Technology is 1,051.
What does Align Technology do?
Align Technology was founded in 1997 in Tempe, United States, within the dental and orthodontics sector. Invisalign clear aligners, iTero intraoral scanners, and OrthoCAD digital services are provided to dental professionals. Operations focus on virtual modeling software, manufacturing processes, and customization for custom-made aligners. The companys activities support orthodontic treatments through these specialized tools and services across global markets.
Who are the top competitors of Align Technology?
Align Technology's top competitors include Zenyum, Angelalign and Invisalign.
What products or services does Align Technology offer?
Align Technology offers Invisalign System and iTero Systems.
Is Align Technology publicly traded?
Yes, Align Technology is publicly traded on NASDAQ under the ticker symbol ALGN.
How many acquisitions has Align Technology made?
Who are Align Technology's investors?
Align Technology has 6 investors. Key investors include Kleiner Perkins, The Carlyle Group, Cieplak Dental Excellence, ABS Ventures, and QuestMark Partners.
What is Align Technology's ticker symbol?
The ticker symbol of Align Technology is ALGN on NASDAQ.
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