Singapore, 18 July 2024 – Dr Clear Aligners (DCA), a leading provider of dental clear aligners in APAC, is thrilled to announce the successful completion of its Series A funding round, securing $8 million from Insignia Ventures Partners. This strategic investment will accelerate Dr Clear Aligners’ mission to make orthodontic treatment accessible and convenient for everyone, driving global expansion and enhancing technological capabilities.

Transforming Smiles and Expanding Horizons

Founded in April 2020 by Ryan Teo, Kevin Lim, and Jayden Cheng, Dr Clear Aligners has rapidly grown its footprint, operating in 7 countries with a robust network of over a thousand partner clinics. The company also owns and operates 11 fully licensed dental clinics, offering a comprehensive range of dental services. Most recently, Dr Clear Aligners partnered with one of the largest dental clinic chains in SEA and introduced patented technology in patient treatment monitoring, the first of its kind in the region.

Strategic Partnership and Expansion

Insignia Ventures Partners’ investment will provide more than just capital; it brings a strategic partnership that will support Dr Clear Aligners in expanding its reach into new markets, particularly in the MENA region, and deepening its presence in existing markets. The funding will also be used to drive research and development in artificial intelligence and expand the orthodontic team’s capabilities.

“This funding will support our mission to make orthodontic treatment more accessible and convenient for every individual,” said Ryan Teo, CEO and co-founder of Dr Clear Aligners. “We are excited to partner with Insignia Ventures Partners, whose expertise will be invaluable as we embark on the next phase of our growth journey.”

Technological Innovation and Market Differentiation

The support from this funding round for Dr Clear Aligners innovation in the orthodontic experience, like its patented AI technology for clear aligner monitoring post-treatment, is key to the brand’s differentiation in the market, where the combination of advanced technology and in-house orthodontic expertise makes clear aligner treatments faster, better, and more affordable. 

Dr Clear Aligners’ approach to the clear aligner treatment process coincides with the growing demand for clear aligners, driven by their comfort, aesthetic appeal, and reduced pain compared to traditional braces, positions the company at the forefront of a significant industry trend. 

“Vast improvements in aligner material, treatment planning technology, and greater adoption among dental practitioners have opened numerous avenues for patients to opt for clear aligner treatment, and Dr Clear Aligners is well-positioned to capitalize on this as a leading provider in APAC. We are privileged to be partnered with Ryan, Kevin, Jayden, and their team as they take their technology-driven approach to more markets globally and deepen their ecosystem within the industry,” shares Yinglan Tan, founding managing partner of Insignia Ventures Partners.

Positive Impact on Partner Clinics

Dental clinics partnering with Dr Clear Aligners benefit from increased patient demand for a wide range of dental services, not just clear aligner treatments. This holistic approach enhances the overall patient experience and supports the growth of partner clinics.

Dr Vicky, a dentist who owns a chain of dental clinics, shared, “I have been working with Dr Clear Aligners over the last 3 years and it has been a fantastic journey. I have seen a tremendous boost in the number of patient bookings in all of my clinics. DCA has also always taken a patient-first approach and supported my practice along the way. It has been great and working with them gives me peace of mind knowing their support is always there.”

Dr Clear Aligners Clinic

Looking Ahead

With plans to launch new innovations in the near future, Dr Clear Aligners invites dental partners and industry stakeholders to stay tuned for exciting developments. The company’s forward-thinking approach and commitment to excellence ensure that it will continue to set new benchmarks in the orthodontic industry.