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CareCapital led a $50m Series A funding round in Impress.

Synopsis

CareCapital, a private equity firm, led a $50m Series A funding round in Impress, an orthodontic chain. The round also had participation from investors Nickleby Capital, UNIQA Ventures, TA Ventures and Bynd. "Impress's customer-centric focus as well as its demonstrated ability to blitzscale attracted us to the business. Vladimir and his team leverage technology to create a seamless customer journey for invisible orthodontics and optimized their cost structure in a unique way using software to automate key parts of the value chain. This combination is powerful, enabling Impress to find the right customers and offer them a better experience, at a much lower price. We are therefore delighted and proud to pursue the path towards an ecosystem around dental care together," Andreas Nemeth, UNIQA Ventures Managing Partner.

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