SmileSnap has until now managed to raise over $50 million in capital from various investors like NEA and Intel Capital.
SmileSnap, an innovative virtual appointment and consultation SaaS platform for orthodontists & dentists, has recently revealed that it has secured a seed fund from its latest financing round that saw the presence of multiple renowned investors coming from both orthodontic and dental sectors.
With this new capital, SmileSnap would be able to prolong its momentum as one of the leading firms in the teledental communications sector. Reportedly, this funding round would allow the company to hire additional product personnel and software engineers to continue to improve its product lineup.
Since its inception in April 2019, SmileSnap's SaaS platform has been downloaded by almost 1,500 orthodontists & dentists and has managed communications of around 200,000 doctor/patient and 40,000 virtual new patient consultations.
Speaking on the development, Greg Pellegom, CEO and Co-Founder, SmileSnap, said that virtual appointments and consultations have started to become a mainstream dental practice for numerous dentists. Patients prefer convenience and practices that are open to the use virtual practice software. This would give a direct competitive edge over those that are still using conventional methods.
As for the funding, it would enable SmileSnap to further develop its product portfolio and expand its overall market share amidst this rapidly advancing dentistry sector. SmileSnap has experienced incredibly rapid growth this year and is on a trajectory to gross new heights in 2021, added Pellegom.
Apart from being the CEO of a leading virtual health platform startup, Greg Pellegom also has a 17 years of experience in orthodontic and dental sales.
Meanwhile, SmileSnap has launched a higher tier application called SmileSnap PRO, for those dentists who intend to offer care to existing patients beyond their initial consultation. This platform offers live video appointments and consultations along with a web portal for patients to communicate securely.