AAA Tend bites down on $37m

Tend bites down on $37m

Internet and technology group Alphabet has led a $37m funding round for US-based dental services provider Tend through corporate venture capital unit GV.

Investment firm Tiger Global Management, VC funds Good Friends and Juxtapose, and VC firms Redpoint Ventures and Zigg Capital also participated in the round.

Tend operates a dentistry service that includes hospitality features in order to make visits more comfortable and treatment more precise.

The company currently has five locations in New York City and will put the latest funding into expanding its network to more than 20 by the end of 2021, moving into new cities like Boston and Washington DC at the same time.

John Lyman, partner at GV, said: “Tend is recreating the entire dental experience to ensure patients look forward to visiting the dentist, and (Tend co-founder and CEO) Doug Hudson is a seasoned entrepreneur that can truly bring this vision to life.

“The company’s unique approach, experienced executive team, and early traction will allow Tend to reach customers nationally as they continue to expand and bring better oral healthcare experiences to more people.”

Tend had raised a total of $36m as of a $20.5m series A round in October 2019 that was co-led by Redpoint Ventures and Juxtapose, and which included angel investors Tom Lee, Neil Blumenthal, Dave Gilboa and Zach Weinberg, according to AlleyWatch.

By Robert Lavine

Robert Lavine is special features editor for Global Venturing.

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