SmileDirectClub prepares for IPO, on track to record $1B in 2019 revenue

SmileDirectClub, a provider of at-home teeth straightening solutions, picked bankers for its upcoming initial public offering, according to Business Insider.
JPMorgan will serve as the startup company's lead manager. SmileDirectClub is expected to file the IPO by the end of June.

SmileDirectClub has raised nearly $400 million in private funding. Last fall the company recorded an infusion at a $3.2 billion post-money valuation.

By the end of the year, SmileDirectClub predicts its revenue will top $1 billion.

More articles on dental:
New York City patient services company partners with 21-office DSO
GumGum spins off dental business, CEO steps down
App will deliver dentists to patients

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

Featured Learning Opportunities

Featured Podcast