SmileDirectClub
D2C / HealthUSAClosed 2023
Total Raised
$380M
Peak Valuation
$8.90B
Employees
2,400
Year Collapsed
2023
Business model
Direct-to-consumer clear teeth aligners sold online and via retail kiosks.
In brief
A D2C teeth-aligner company that went public at a multi-billion valuation but never turned a sustained profit. Litigation from dental associations, heavy marketing spend, and debt led to Chapter 11 in December 2023.
See the What Happened tab for the full account.
Key facts
- Founded
- 2014
- Closed
- 2023
- Headquarters
- Nashville, USA
- Industry
- D2C / Health
- Employees
- 2,400
- Revenue
- $638M
- Founders
- Alex Fenkell, Jordan Katzman
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Often compared with: Invisalign (Align Technology), Byte, Candid.