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


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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.

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