OrthoAccel® Technologies, Inc. Announces $20.5 Million In Financing

OrthoAccel® Technologies, Inc. Announces $20.5 Million In Financing

On May 3, 2019 OrthoAccel® Technologies, Inc. announced $20.5 Million in debt and equity financing from its lead investor, S3 Ventures.

Brian R. Smith, managing director of S3 Ventures says  “AcceleDent is proven effective and is backed by 15 clinical studies with three randomized clinical trials completed. We are seeing an increased adoption in best-in-class orthodontic practices globally, with over 100,000 patient case starts across 3,000+ providers. We remain committed to driving future, profitable growth.”

OrthoAccel manufactures and sells AcceleDent Optima, an innovative medical device that builds a better orthodontic experience. By making complex cases less complex, AcceleDent Optima improves the predictability of clinical outcomes while dramatically accelerating treatment times and reducing pain and discomfort.

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About OrthoAccel® Technologies, Inc.
OrthoAccel® Technologies, Inc. is a privately owned medical device company engaged in the creation, manufacturing, marketing and sales of innovative solutions that enhance dental care and orthodontic treatment. Among the company’s innovations is AcceleDent® Optima™, an FDA-cleared, Class II medical device that employs patented SoftPulse Technology® that produces gentle pulsating forces that are shown to speed up bone remodeling. These safe and gentle vibrations accelerate tooth movement by as much as 50 percent and reduce discomfort associated with orthodontic treatment by up to 71 percent. Leading orthodontists from around the world report increased mechanical efficiency with orthodontic appliances and improved predictability of outcomes with AcceleDent. OrthoAccel, the Leader in Accelerated Orthodontics, has been ranked on Deloitte’s Technology Fast 500 as one of the fastest growing companies in North America for three consecutive years. OrthoAccel is based in Houston, Texas and maintains a global presence through its EMEA office in Essen, Germany. To learn more about OrthoAccel’s focus on improving the journey to healthy, beautiful smiles, visit AcceleDent.com.

MEDIA CONTACTS

Kristin Taylor
Carbonara Group
713-524-8170 (office)
Kristin@carbonaragroup.com