About Convergent Dental
Convergent Dental is a company based in Natick (United States) founded in 2011.. Convergent Dental has raised $116.1 million across 9 funding rounds from investors including Trinity Cap, Arboretum Ventures and Gund investment. The company has 89 employees as of December 31, 2022. Convergent Dental offers products and services including Solea All-Tissue Laser, Solea Perioguide, and Solea Sleep. Convergent Dental operates in a competitive market with competitors including Osstem, Keystone Dental, BioHorizons, Neoss and iDentical, among others.
- Headquarter Natick, United States
- Employees 89 as on 31 Dec, 2022
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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 Convergent Dental, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$116.1 M (USD)
in 9 rounds
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Latest Funding Round
$10.14 M (USD), Series C
Apr 24, 2023
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Investors
Trinity Cap
& 4 more
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Employee Count
89
as on Dec 31, 2022
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Products & Services of Convergent Dental
Convergent Dental offers a comprehensive portfolio of products and services, including Solea All-Tissue Laser, Solea Perioguide, and Solea Sleep. 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.
Enables anesthesia-free procedures for hard and soft tissues in dentistry
Provides suture-free treatment for periodontal issues with minimal discomfort
Offers solutions for sleep-related dental procedures without invasive methods
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Funding Insights of Convergent Dental
Convergent Dental has successfully raised a total of $116.1M across 9 strategic funding rounds. The most recent funding activity was a Series C round of $10.14 million completed in April 2023. 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 9
- Last Round Series C — $10.1M
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First Round
First Round
(11 Oct 2011)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Apr, 2023 | Amount | Debt – Conventional - Convergent Dental | Valuation |
investors |
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| Apr, 2023 | Amount | Series C - Convergent Dental | Valuation | Arboretum Ventures , Gund investment |
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| Oct, 2021 | Amount | Series C - Convergent Dental | Valuation | Arboretum Ventures |
| 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 Convergent Dental
Convergent Dental has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Trinity Cap, Arboretum Ventures and Gund investment. 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 debt and equipment financing are provided to growth-stage companies.
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Founded Year | Domain | Location | |
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Healthcare venture capital investments are made by Arboretum Ventures.
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Founded Year | Domain | Location | |
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Startups are developed across sectors by the agnostic studio.
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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 Convergent Dental
| 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 |
Financial Statements - Convergent Dental
| 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 |
Convergent Dental Comparisons
Competitors of Convergent Dental
Convergent Dental 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 Osstem, Keystone Dental, BioHorizons, Neoss and iDentical, 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 |
Dental implants and kits are manufactured and distributed by Osstem.
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| domain | founded_year | HQ Location |
Dental implants and biomaterials are developed by Keystone Dental.
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| domain | founded_year | HQ Location |
Dental implant technologies and tissue regeneration products are developed.
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| domain | founded_year | HQ Location |
Dental implant solutions are provided for patients and professionals.
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| domain | founded_year | HQ Location |
Provider of a developer of personalized, drill-free dental implants that offers a safer, faster, and more affordable solution for tooth replacement compared to traditional dental implants
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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 Convergent Dental
Frequently Asked Questions about Convergent Dental
When was Convergent Dental founded?
Convergent Dental was founded in 2011.
Where is Convergent Dental located?
Convergent Dental is headquartered in Natick, United States. It is registered at Natick, Massachusetts, United States.
Is Convergent Dental a funded company?
Convergent Dental is a funded company, having raised a total of $116.1M across 9 funding rounds to date. The company's 1st funding round was a Series C of $43.66M, raised on Oct 11, 2011.
How many employees does Convergent Dental have?
As of Dec 31, 2022, the latest employee count at Convergent Dental is 89.
What does Convergent Dental do?
Convergent Dental is a dental equipment and technology company that develops Solea, a computer-aided, CO2 laser system cleared by the FDA for both hard and soft tissue indications. It uses laser in place of a drill to perform routine procedures such as filling cavities and shaving teeth to be fitted for crowns, and hence is expected to cause less pain and anxiety to patients. Solea was voted a Gold Winner for innovation at Edison Awards 2016.
Who are the top competitors of Convergent Dental?
Convergent Dental's top competitors include Neoss, Keystone Dental and Nobel Biocare.
What products or services does Convergent Dental offer?
Convergent Dental offers Solea All-Tissue Laser, Solea Perioguide, and Solea Sleep.
Who are Convergent Dental's investors?
Convergent Dental has 5 investors. Key investors include Trinity Cap, Arboretum Ventures, Gund investment, George Gund Foundation, and LRVHealth.