With the Series B funding, quip will further scale its existing consumer packaged goods (CPG) business and fuel the development of new verticals, innovations in professional services and global expansion, taking aim at the entire global oral healthcare market. Since launching in 2015, quip has upended the personal oral care market becoming the first and most prolific brand putting design, accessibility and simplicity at the forefront of oral care while providing a tangible benefit to the environment with its innovative, first of its category, refillable oral care products and all-paper recyclable packaging. No other oral care company can match quip’s engaged customer base, data expertise, professional network and digital platform that helps people take control of every aspect of their oral health,” said Ewa Kozicz, Co-Head of CSI. “quip is well on its way to becoming the iconic oral care brand in the way we’ve seen companies revolutionize other industries like fitness, pet care and eyewear. On the heels of reaching profitability, expanding into new oral care verticals, and launching its first professional services, CSI recognized quip’s unique potential to disrupt the $450 billion global oral healthcare market through its digital platform connecting personal and professional oral care, and become the center for oral health.
NEW YORK-( BUSINESS WIRE)- quip, the modern oral healthcare company with over 7.5 million users, today announced it has raised $100 million in growth funding from Cowen Sustainable Investments (CSI) an environmental sustainability focused growth investment strategy.