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.

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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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