Align Technology Analysis: $130M Raised
What is Align Technology?
Align Technology is a global medical device company specializing in orthodontic and restorative treatment solutions. Their proprietary Invisalign System is the most advanced clear aligner technology, trusted by millions. This innovative approach transforms smiles and enhances patient experiences worldwide.
Location
1300 Lanyard Way, San Jose, California 95131, United States
Employees
10001+
Founded
1997
Address
410 North Scottsdale Road, Suite 1300, Tempe, Arizona 85288
Latest Funding Round Size
Series D Preferred Stock
Public Company Status
Public
Recent Funding Round
Series D
Recent Venture Round Amount
$18,000,000
State of Headquarters
Arizona
Product Features & Capabilities
- Invisalign System for clear aligner treatment
- iTero intraoral scanners for enhanced dental precision
- Research programs focused on orthodontic advancements
- Corporate social responsibility initiatives
- Patented technologies for orthodontic solutions.
Use Cases
Straighten teeth using the Invisalign System; Enhance dental practice efficiency with iTero scanners; Improve patient experience during orthodontic treatment; Facilitate responsible clear aligner treatment; Drive consumer demand for orthodontic solutions.
How much Align Technology raised
Series D Preferred Stock - $86 million
June 21, 2000Lead Investor: Oak Hill Capital Partners, Carlyle Partners III, ABS Venture ALN LLC, Kleiner Perkins Caufield & Byers
Third Round of Financing - $26 million
October 7, 1999Lead Investor: QuestMark Partners, Kleiner Perkins Caufield & Byers, Domain Associates, Gund Investment Corp., Vector Fund Management, Bayview Investors LLP, Comdisco Ventures
Private Placement - $18 million
November 15, 2002Lead Investor: The Carlyle Group, Kleiner Perkins Caufield & Byers, Gund Investment Corporation
Who are the founders of Align Technology
MF
Michael Fernie
Director, Professional Relations
Other Considerations
$4.0 billion in annualized net revenues; Over 20.1 million Invisalign patients; 2,124 active patents.
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Financial Overview
$130MTotal Raised
Series D Preferred Stock$86 million
June 21, 2000
Investors: Oak Hill Capital Partners, Carlyle Partners III, ABS Venture ALN LLC, Kleiner Perkins Caufield & Byers
Third Round of Financing$26 million
October 7, 1999
Investors: QuestMark Partners, Kleiner Perkins Caufield & Byers, Domain Associates, Gund Investment Corp., Vector Fund Management, Bayview Investors LLP, Comdisco Ventures
Private Placement$18 million
November 15, 2002
Investors: The Carlyle Group, Kleiner Perkins Caufield & Byers, Gund Investment Corporation