AAA Tend drills into $125m series C

Tend drills into $125m series C

GV, a corporate venturing subsidiary of internet and technology group Alphabet participated in a $125m series C round for US-based dental services provider Tend yesterday.

Addition led the round, which was also backed by existing investors including fellow venture capital firms Redpoint Ventures and Zigg Capital as well as VC fund Juxtapose.

Founded in 2018, Tend publicly launched in late 2019 and offers personalised dental health services to a customer base mainly residing in New York, though it has recently expanded to Washington DC and Boston.

The company aims to make visiting the dentist a more pleasant experience by incorporating hospitality services into their offering. The funding will support its national expansion and the introduction of new services and oral care products.

Doug Hudson, founder and chief executive of Tend, said: “We started Tend following the belief that going to the dentist should feel like a modern experience – even an enjoyable one.

“Since introducing this new norm for dentistry, it is clear from the response that patients agree, and we are looking forward to driving our mission across cities nationwide.”

GV led a $37m funding round for the company in October 2020 that included Tiger Global Management, Good Friends, Juxtapose, Redpoint Ventures and Zigg Capital.

Tend had pulled in $20.5m in a late 2019 series A round co-led by Redpoint Ventures and Juxtapose and backed by angel investors Tom Lee, Neil Blumenthal, Dave Gilboa and Zach Weinberg, taking its total funding to $36m.

Image courtesy of Tend.