About Smileneo
Smileneo is a company based in Dubai (United Arab Emirates) founded in 2019 was acquired by MakeO in February 2023.. Smileneo has raised $2 million across 1 funding round from investors including MakeO, FJ Labs and Kingsway Capital. Smileneo offers products and services including Invisible Braces. Smileneo operates in a competitive market with competitors including Dentalign, among others.
- Headquarter Dubai, United Arab Emirates
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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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Products & Services of Smileneo
Smileneo offers a comprehensive portfolio of products and services, including Invisible Braces. 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.
Discreet braces for straightening teeth and improving smiles.
Funding Insights of Smileneo
Smileneo has successfully raised a total of $2M through 1 strategic funding round. The most recent funding activity was a Seed round of $2 million completed in April 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 Funding
- Total Rounds 1
- Last Round Seed — $2.0M
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First Round
First Round
(07 Apr 2021)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2021 | Amount | Seed - Smileneo | Valuation | Kingsway Capital |
| 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 Smileneo
Smileneo has secured backing from 6 investors, including venture fund and angel investors. Prominent investors backing the company include MakeO, FJ Labs and Kingsway 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Kingsway Capital is engaged in providing investment management services.
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Founded Year | Domain | Location | |
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Venture capital firm focused on marketplaces, gaming, web3, fintech, and multiple sectors
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Founded Year | Domain | Location | |
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MP
Mato Peric |
Angel investor, ex-entrepreneur, focused on Indian startups and global tech
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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 Smileneo
| 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 - Smileneo
| 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 |
Smileneo Comparisons
Competitors of Smileneo
Smileneo 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 Dentalign, 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 |
Operates a digital hub for purchasing customized invisible braces to enhance dental aesthetics.
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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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Frequently Asked Questions about Smileneo
When was Smileneo founded?
Smileneo was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Where is Smileneo located?
Smileneo is headquartered in Dubai, United Arab Emirates. It is registered at Dubai, Dubai, United Arab Emirates.
Is Smileneo a funded company?
Smileneo is a funded company, having raised a total of $2M across 1 funding round to date. The company's 1st funding round was a Seed of $2M, raised on Apr 07, 2021.
What does Smileneo do?
Smileneo was founded in 2019 in Dubai, United Arab Emirates, operating as a health technology platform in the orthodontics sector. Online assessments are conducted, followed by doctor consultations and 3D previews of treatment plans. Orthodontists monitor 3D scans and X-rays through an app, while users track daily wear time, progress, receive reminders, and communicate with doctors via the mobile application.
Who are the top competitors of Smileneo?
Smileneo's top competitors include Dentalign.
What products or services does Smileneo offer?
Smileneo offers Invisible Braces.
Who are Smileneo's investors?
Smileneo has 6 investors. Key investors include MakeO, FJ Labs, Kingsway Capital, Mato Peric, and Tom Stafford.