Dr Clear Aligners (DCA), a leading provider of dental clear aligners in Asia Pacific (APAC), has successfully concluded its Series A funding round with an $8 million investment from Insignia Ventures Partners.
This funding is aimed at advancing Dr Clear Aligners’ goal of making orthodontic treatment more accessible and convenient globally. The company plans to use the funds to expand its operations, enhance technological capabilities, and drive research and development in artificial intelligence. According to Dr Clear Aligners, the strategic partnership with Insignia Ventures Partners will facilitate expansion into new markets, particularly in the Middle East and North Africa (MENA) region, while also strengthening its presence in current markets.
Ryan Teo, CEO and Co-founder of Dr Clear Aligners, expressed enthusiasm about the partnership with Insignia Ventures Partners, highlighting their expertise and support for the company’s growth strategy.
The investment will also support Dr Clear Aligners’ innovation in orthodontic technology, including their patented AI technology for clear aligner monitoring post-treatment. This innovation aims to differentiate Dr Clear Aligners in the market by making clear aligner treatments faster, more effective, and affordable.
Dr Clear Aligners has rapidly expanded since its founding in April 2020, operating across seven countries with a network of over a thousand partner clinics. The company owns and operates 11 fully licensed dental clinics and recently introduced patented technology for patient treatment monitoring in collaboration with one of Southeast Asia’s largest dental clinic chains.
The demand for clear aligners continues to grow due to their comfort, aesthetic appeal, and reduced discomfort compared to traditional braces, positioning Dr Clear Aligners at the forefront of this industry trend.
Yinglan Tan, Founding Managing Partner of Insignia Ventures Partners, expressed confidence in Dr Clear Aligners’ technology-driven approach and its potential to expand globally and deepen its industry presence.
The Series A funding marks a significant milestone for Dr Clear Aligners as it continues to innovate and expand its footprint in the competitive dental care market.