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Quip was founded in 2015 by Bill May and Simon Enever. The company has not publicly endorsed plans to participate in an IPO.
Quip is an oral healthcare company primarily known for its toothbrush subscription service, but has since expanded its repertoire to include products like floss, mouthwash, gum, and an orthodontist-supported tooth alignment program. The company has acquired Toothpic and Afora Care, a dental insurance startup. Quip has expressed plans to expand its virtual care offerings. Quip has raised more than $160 million in venture capital funding from investors such as Cowen Sustainable Investments, Sand Hill Angels, TriplePoint Capital, and NFP Ventures. The company did not disclose valuation figures following a $100 million Series B funding round in 2021.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
| Date | Funding Round | Funding Raised | Price per Share | IPO Valuation |
|---|---|---|---|---|
| 8/31/2021 | Series B-1 and B-2 | $55.43MM raised | $XXX.XX | $XXX.XX |
| 11/27/2018 | Series A-1 | $22.97MM raised | $XXX.XX | $XXX.XX |
| 11/1/2017 | Series A | $16.68MM raised | $XXX.XX | $XXX.XX |
| 11/1/2016 | Series Seed-2 | $550K raised | $XXX.XX | $XXX.XX |
| 1/15/2015 | Series Seed | $299.99K raised | $XXX.XX | $XXX.XX |
