Dr Clear Aligners (DCA), a Singapore-headquartered provider of dental clear aligners, has raised $8 million in Series A funding from Insignia Ventures Partners, according to a statement.
This funding is expected to hasten Dr Clear Aligners’ goal of making orthodontic treatment more accessible while also driving global expansion and improving technological capabilities.
It also aims to boost DCA’s expansion into new markets, particularly the MENA region, and enhance its presence in existing markets. The funding will also drive research and development in artificial intelligence and expand the orthodontic team’s capabilities.
Founded in April 2020 by Ryan Teo, Kevin Lim, and Jayden Cheng, DCA operates in seven countries with a network of over 1,000 partner clinics and 11 fully licensed dental clinics. Besides clear aligners, it offers various dental treatments such as teeth whitening, orthodontics, and dentures.
Recently, DCA partnered with a major dental chain in Southeast Asia and introduced patented patient treatment monitoring technology.
“This funding will support our mission to make orthodontic treatment more accessible and convenient for every individual,” said Ryan Teo, CEO and co-founder of Dr Clear Aligners.
The fresh investments will support Dr Clear Aligners’ innovation in orthodontics, including its patented AI technology for post-treatment monitoring.
“Vast improvements in aligner material, treatment planning technology, and greater adoption among dental practitioners have opened numerous avenues for patients to opt for clear aligner treatment. Dr Clear Aligners is well-positioned to capitalize on this as a leading provider in APAC,” said Yinglan Tan, founding managing partner of Insignia Ventures Partners.
