iTero

Amsterdam, Netherlands Founded: 1950 • Age: 76 yrs Acquired By Align Technology
Intraoral scanners and restorative devices are developed for dental imaging.
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About iTero

iTero is a company based in Amsterdam (Netherlands) founded in 1950 was acquired by Align Technology in March 2011.. iTero has raised $21.1 million across 2 funding rounds from investors including Align Technology, Apax Partners and Fortissimo Capital. iTero offers products and services including iTero Lumina Scanner and iTero Element 5D Imaging System. iTero operates in a competitive market with competitors including 3Shape, GelSight, Medit, Brontes Technologies and Cadent, among others.

  • Headquarter Amsterdam, Netherlands
  • Sectors
    Technology
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Align Technology, Inc.
Operational Areas
Technology → Robotics, Automation & Advanced Manufacturing → →
Healthcare → Healthcare Products & Supplies → →
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $21.1 M (USD)

    in 2 rounds

  • Latest Funding Round
    $6.1 M (USD), Series C

    Jul 27, 2022

  • Investors
    Align Technology

    & 5 more

  • Employee Count
    Employee Count
  • Acquired by
    Align Technology

    (Mar 29, 2011)

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Products & Services of iTero

iTero offers a comprehensive portfolio of products and services, including iTero Lumina Scanner and iTero Element 5D Imaging System. 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.

Primary

Device for 3D dental impressions in restorative procedures

System for faster Invisalign case submissions in orthodontics

Funding Insights of iTero

iTero has successfully raised a total of $21.1M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $6.1 million completed in July 2022. 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 Rounds 2
  • Last Round Series C — $6.1M
  • First Round

    (24 Aug 2009)

  • Investors Count 5
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2022 Amount Series C - iTero Valuation

investors
Aug, 2009 Amount Series B - iTero Valuation Fortissimo Capital
Apax , Panorama Capital
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners

Investors in iTero

iTero has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Align Technology, Apax Partners and Fortissimo Capital. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Fortissimo Capital
-
Founded Year Domain Location
Apax Partners
Equity investments are focused on tech, services, and consumer sectors.
Founded Year Domain Location
Panorama Capital
Early & later stage venture capital firm investing in the US
Founded Year Domain Location
Investor Description Founded Year Domain Location
Amitabh Bachchan family office
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Signite Partners
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Sixteenth Street Capital
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
GGV Capital
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by iTero

Investments
Company Name Description Domain Location Founded Year Amount
Bento Cloud
Bionic investment advisor platform
2016
48East
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
GrabKios by Kudo
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
48East
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - iTero

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners

Itero Comparisons

Employees
+
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Competitors of iTero

iTero 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 3Shape, GelSight, Medit, Brontes Technologies and Cadent, 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
3Shape
domain founded_year HQ Location
Provider of 3D ear scanning systems
GelSight
domain founded_year HQ Location
Optical equipment for micron-level surface geometry capture is offered.
Medit
domain founded_year HQ Location
Provider of intraoral scanners and digital dentistry software. It offers a range of intraoral scanners for clinics and dental labs, designed for precision and ease of use. The company also develops software solutions for managing dental operations, 3D scanning, model creation, and data conversion. These tools aim to streamline workflows and improve the accuracy of dental procedures. Additional offerings include training and support resources for users.
Brontes Technologies
domain founded_year HQ Location
Intraoral imaging technology solutions for dental applications are developed.
Cadent
domain founded_year HQ Location
3D digital solutions are provided for orthodontic and dental industries.
Company Name Domain Founded year HQ Location Description
inDrive
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
Bolt
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
Gojek
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
Dunzo
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

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Frequently Asked Questions about iTero

When was iTero founded?

iTero was founded in 1950 and raised its 1st funding round 59 years after it was founded.

Where is iTero located?

iTero is headquartered in Amsterdam, Netherlands.

Is iTero a funded company?

iTero is a funded company, having raised a total of $21.1M across 2 funding rounds to date. The company's 1st funding round was a Series B of $15M, raised on Aug 24, 2009.

What does iTero do?

iTero was founded in 1950 and is based in Amsterdam, Netherlands. Intraoral dental scanners and wand-only systems are produced for restorative and Invisalign applications within the dental sector. A proprietary wand equipped with touch and gyro sensors is utilized to generate adaptive visualizations based on hand movements. Compact modules are offered to support efficient dental imaging operations for professionals.

Who are the top competitors of iTero?

iTero's top competitors include 3Shape, GelSight and Medit.

What products or services does iTero offer?

iTero offers iTero Lumina Scanner and iTero Element 5D Imaging System.

Who are iTero's investors?

iTero has 6 investors. Key investors include Align Technology, Apax Partners, Fortissimo Capital, Panorama Capital, and Star Ventures.

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