Align Technology Analysis: $130M Raised
What is Align Technology?
iTero develops intraoral scanners that enhance restorative and orthodontic workflows. Their scanners provide detailed 3D imaging to improve patient engagement and streamline dental procedures. iTero's solutions are utilized by dental professionals to optimize practice efficiency and patient experiences.
Location
410 North Scottsdale Road, Tempe, Arizona 85281, United States
Employees
10001+
Founded
1997
Address
410 North Scottsdale Road, Suite 1300, Tempe, Arizona 85288
Latest Funding Round Size
Series D
Public Company Status
Public
Recent Funding Round
Series D
Recent Venture Round Amount
$18,000,000
State of Headquarters
Arizona
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.