Toothio, the dynamic on-demand dental staffing platform, has recently announced an impressive $4 million seed round led by Craft Ventures, joined by Burst Capital, Moving Capital, Revere Partners, and Rho Capital Partners. This strategic investment is a significant step toward amplifying Toothio‘s growth trajectory, involving technological enhancements, expansion across key US markets, a stronger network of dental professionals, and the augmentation of its sales team.
Steadfast Leadership for Growth
To drive its expansion plans, Toothio has strategically appointed Keith Clements as Chief Commercial Officer. Clements brings with him a wealth of experience, having played pivotal roles in scaling some of the country’s largest dental enterprises. His expertise spans successful leadership positions at Young Innovations and Dentsply Sirona, where he propelled sales growth and facilitated the integration of multiple acquisitions.
Addressing Dental Staffing Challenges
Jeff Fluhr, co-founder and partner at Craft Ventures, highlights Toothio’s unique approach to tackling the staffing challenges prevalent in dental practices across the US. By effectively connecting qualified dental professionals with practices in need, Toothio creates a win-win scenario. Dental professionals benefit from enhanced flexibility, while practices achieve optimal staffing levels to cater to patient needs.
A Vision for Dental Ecosystem Revival
Ian Prendergast, co-founder and CEO of Toothio, emphasizes the company’s commitment to reshaping the dental industry. He acknowledges the evolving preferences of dental professionals for flexible work arrangements and the surge in demand for dental services post-pandemic. Toothio’s focus on innovation is geared toward revitalizing the dental ecosystem, offering a modern and convenient staffing solution.
Impressive Milestones and Future Expansion
Since its inception, Toothio has successfully facilitated thousands of shifts with a commendable 97% fill rate. The company’s revenue has more than doubled, and its footprint has extended to prominent locations including Phoenix, Denver, Dallas, and Austin. Looking ahead, Toothio envisions further expansion, targeting additional US markets by the close of 2023.
Toothio secures a $4 million seed round led by Craft Ventures to revolutionize dental staffing. The investment aims to fuel technological enhancements, expansion across key US markets, and the strengthening of its dental professional network. The company’s innovative approach addresses staffing challenges, offering flexibility to dental professionals and optimal staffing solutions for practices. Toothio’s growth trajectory is set to reshape the dental ecosystem, serving as a modern staffing solution for a wider audience.
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