Align Technology Analysis: $130M Raised
What is Align Technology?
iTero specializes in intraoral scanning technology, enhancing dental practices and patient experiences through advanced solutions like the iTero Lumina scanner.
Employees
10001+
Founded
1997
Industry
B2b Saas
Latest Funding Round
Series D
Latest Funding Round Size
Series D
Parent Company Website
Public Company Status
Public
Recent Venture Round Amount
$18,000,000
Use Clay
No
Product Features & Capabilities
- iTero Lumina intraoral scanner
- iTero Lumina Pro imaging system
- ROI Calculator
- Customer Support
- Education and Resources
Use Cases
Reduce chair time for dental procedures; Facilitate faster Invisalign workflows; Provide detailed 3D visuals for patient consultations; Enable labs to deliver quality work with iTero scanners; Support general dentistry practices with optimized workflows
How much Align Technology raised
Venture - $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 (provided $5 million in subordinated debt).
Series D - $86 million
June 21, 2000Lead Investor: Oak Hill Capital Partners, Carlyle Partners III, ABS Venture ALN LLC, Kleiner Perkins Caufield & Byers (existing investor).
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 of Professional Relations
Other Considerations
Serves a significant portion of dental practices; Positive testimonials from dental professionals; Recognized for improving patient experiences
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Financial Overview
$130MTotal Raised
Seed
August 1, 1997
Investors: Not specified
Venture$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 (provided $5 million in subordinated debt).
Series D$86 million
June 21, 2000
Investors: Oak Hill Capital Partners, Carlyle Partners III, ABS Venture ALN LLC, Kleiner Perkins Caufield & Byers (existing investor).
Private Placement$18 million
November 15, 2002
Investors: The Carlyle Group, Kleiner Perkins Caufield & Byers, Gund Investment Corporation.