Yesalign Raises Millions of Yuan in Angel Funding Round

According to 36Kr.com, digital dental company Yesalign has closed its angel round financing of millions of yuan from Ningbo Meishan Bonded Port Zone Zhuode Investment Management Co., Ltd. ("Zhuode Investment"). Proceeds from this round will be used for the marketing of Yesalign's products.

Yesalign is mainly focused on the orthodontic treatment for invisible teeth straightening and dental implants. Based on self-developed 3D printers with an accuracy of 0.02mm, Yesalign provides invisible orthodontic products for the upstream of the industrial chain or users by the "Direct-to-Customer (DTC) Model".

On the one hand, the DTC Model provides a better user experience. In general, the orthotic is replaced every two weeks and the treatment course lasts for several years. Customers should go to the hospital regularly to replace the orthotic. The DTC model optimizes the traditional consulting process, preventing the customers from the annoyance of running around in a crowded hospital and reducing the time cost. On the other hand, the DTC model can solve the problem of a severe shortage of orthodontists in China.

The upstream manufacturers have high requirements for accuracy, stability and efficiency of 3D printers, and Yesalign's printers can extend the business of the company to the upstream in the dental industry.

At present, Yesalign focuses on marketing. On the one side, it builds offline sales channels and distributes dental health surveys, and on the other hand, it lays out online selling channels and develops internet-based medical services. Thousands of dental clinics of Yesalign in 31 provinces in China, is not only conducive to the establishment of the DTC mode offline service system, but also to the rapid expansion of the market.

Now the Pre - A funding is on the schedule of Yesalign.

Headquartered in Shenzhen, Zhuode Investment is one of the leading investment institutions in China. As of March 2017, the company had billions of yuan under management. It has invested in the consumption, logistics, tourism, culture, materials, energy, finance, the Internet and other industries.