Flossy, a Los Angeles, CA-based dental care company, raised an undisclosed amount in funding.
The round was led by Forecast Labs, with participation from current investors TTV Capital, The Family Fund and B Capital.
The company intends to use the funds to promote its current and future regions via TV and streaming advertising to raise awareness of its solution for dental care.
Led by CEO Miles Beckett, Flossy is a pay-as-you-go discount dental solution that connects patients with and without dental insurance to a dentist in their area, with discounts on all services, including orthodontics and cosmetics.
Flossy currently operates in seven states including Arizona, New Jersey, Pennsylvania, and Washington DC.
Commenting on the news, Miles Beckett said: “Our country’s dental problem is only going to increase as the population ages. In just a few years, for the first time ever, there will be more senior citizens in the country than children under 18. To meet this rising demand, the nation’s dental spending is forecasted to hit $230 billion by 2030, up from $165 billion in 2022. With this funding and partnership from Forecast Labs, Flossy will be able to help even more people receive and afford the quality dental care they deserve.”
FinSMEs
06/05/2024