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.

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Who are Quip's major investors?

Silicon Valley Bank
Gaingels
Sand Hill Angels
ACME Capital
NFP Ventures
Plus Capital
Evolution VC Partners

Quip Funding Rounds and IPO Valuation

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
Based on primary financings
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What is Quip funding to date?

Quip has raised $95.93MM to date.
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When was Quip founded?

Quip was founded in 2014.
Updated on: Feb 16, 2023