quip

New York, United States Founded: 2014 • Age: 12 yrs
quip is recognized for innovative oral wellness products.

About quip

quip is a company based in New York (United States) founded in 2014. It operates as a Direct-to-Consumer (D2C), and Subscription Services. quip has raised $159.83 million across 8 funding rounds from investors including SVB, TD Securities and TriplePoint Capital. quip has completed 2 acquisitions, including Afora Care and Toothpic. quip offers products and services including Ultra Smart Sonic Toothbrush, Rev Oscillating Toothbrush, Rechargeable Cordless Water Flosser, and Anticavity Toothpaste. quip operates in a competitive market with competitors including Feno and Vivid Smiles, among others.

  • Headquarter New York, United States
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Health Technology & Digital Health
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $159.83 M (USD)

    in 8 rounds

  • Latest Funding Round
    $128.13 M (USD), Series B

    Aug 17, 2021

  • Investors
    SVB

    & 5 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
    Afora Care

    & 1 more

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Products & Services of quip

quip offers a comprehensive portfolio of products and services, including Ultra Smart Sonic Toothbrush, Rev Oscillating Toothbrush, Rechargeable Cordless Water Flosser, and Anticavity Toothpaste. 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

Advanced toothbrush with smart features for oral health.

Oscillating toothbrush designed for effective daily cleaning.

Cordless flosser for convenient and thorough cleaning.

Toothpaste formulated to prevent cavities and decay.

People of quip
Headcount 50-200
Employee Profiles 7
Employee Profiles
People
Jesse Greer
Chief Financial Officer
People
Anthony Smith
Director of People
People
Phil Beneventano
Director Of Accounting
People
Tj Novella
Director Strategic Finance

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Funding Insights of quip

quip has successfully raised a total of $159.83M across 8 strategic funding rounds. The most recent funding activity was a Series B round of $128.13 million completed in August 2021. 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 8
  • Last Round Series B — $128.1M
  • First Round

    (01 Jul 2014)

  • Investors Count 6
Date Amount Transaction Name Valuation Lead Investors Investors
Aug, 2021 Amount Series B - quip Valuation Cowen
Nov, 2018 Amount Debt – Conventional - quip Valuation

investors

Nov, 2018 Amount Series B - quip Valuation ACME
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in quip

quip has secured backing from 6 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include SVB, TD Securities and TriplePoint 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
Angel
Investor Description Founded Year Domain Location
Venture finance services, including debt and equity, are provided to capital-backed companies globally.
Founded Year Domain Location
Early-stage investments are directed toward disruptive technologies and innovations.
Founded Year Domain Location
Venture capital fund focused on early stage consumer brands
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by quip

quip has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Afora Care and Toothpic. 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.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Dental care booking and payments are facilitated via Afora's platform.
2015
Teledentistry app for remote dental assessments and reports.
2012
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - quip

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

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Quip Comparisons

Employees
+
Add Comparison
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Competitors of quip

quip 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 Feno and Vivid Smiles, 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
Smart oral care products are provided via subscription model.
domain founded_year HQ Location
Delivers a direct-to-consumer brand with subscription-based smart toothbrushes.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Quip

Frequently Asked Questions about quip

When was quip founded?

quip was founded in 2014.

Where is quip located?

quip is headquartered in New York, United States. It is registered at New York, New York, United States.

Is quip a funded company?

quip is a funded company, having raised a total of $159.83M across 8 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $20M, raised on Jul 01, 2014.

What does quip do?

quip is known for designing and distributing oral wellness products, including smart electric toothbrushes, water flossers, and toothpaste. Solutions are offered in the personal care sector, focusing on transforming daily oral care routines into engaging rituals. Products are developed with a sleek, user-friendly design and are supported by subscription models for refills and accessories. The company is trusted by millions and emphasizes science-backed, ADA-accepted offerings for effective oral hygiene.

Who are the top competitors of quip?

quip's top competitors include Feno and Vivid Smiles.

What products or services does quip offer?

quip offers Ultra Smart Sonic Toothbrush, Rev Oscillating Toothbrush, Rechargeable Cordless Water Flosser, and Anticavity Toothpaste.

How many acquisitions has quip made?

quip has made 2 acquisitions, including Afora Care, and Toothpic.

Who are quip's investors?

quip has 6 investors. Key investors include SVB, TD Securities, TriplePoint Capital, ACME Capital, and Blue Scorpion Investments.

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