Zenyum, a Singapore-based cosmetic dental startup, has raised $13.6 million in Series A funding from RTP Global, Sequoia India, TNB Aura, SEEDS Capital, and other investors.
The Southeast Asian startup was part of the inaugural cohort of Surge, an initiative by Sequoia India, and managed to secure follow-on funding from Sequoia Capital, which targets investments at Series A and onwards in the region.
Founded in 2018, Zenyum produces 3D-printed invisible braces and offers treatment plans supervised by a network of orthodontists and dentists. The company is present in Singapore, Hong Kong, Malaysia and Thailand with over 100 team members across the region.
According to a statement, Zenyum plans to use the fresh capital to extend its product line to include retainers and teeth whitening solutions and expand to new markets including Vietnam, Indonesia and Taiwan.
“Zenyum has gained impressive traction in a short period of time, which really underscores the strength of their vision and business model. We’re impressed at how quickly they’ve put together such a strong partner network, the depth of local market insight and the high level of customer love driven by a near 100 per cent success rate of the aligners,” said Galina Chifina, Partner at RTP Global.
“With this funding round, we are ready to build on the momentum we’ve seen this year and double down on our mission to help Asia Smile More,” said Julian Artopé, CEO and founder of Zenyum.
Zenyum claims to have treated thousands of cases over the past year, with revenue growing 20-30 per cent month-on-month.