Healthcare startup Smiles.ai has raised $23 million in Series A funding led by Alpha Wave Incubation (AWI), with participation from existing investors Sequoia Capital India and Chiratae Ventures. The company will use the fresh funds towards expanding its footprint nationally, strengthening the leadership team, and building innovative tech-driven dental care solutions.
The funding comes within a year of the company raising a $1 million seed round co-led by Sequoia Capital India and Chiratae Ventures with participation from some reputed angels and family offices.
Founded in 2019, Smiles.ai leverages proprietary technology and expert healthcare professionals to provide access to high-quality and cost-effective dental care products and services, offering a range of services through online consultation, clinic network, and at-home services.
Smiles.ai serves over 3,000+ patients and conducts 5,000+ diagnoses every month, across Bangalore, Delhi-NCR, Pune, and Indore, with over 100+ specialist doctors.
Anirudh Singh, Managing Director, Alpha Wave Incubation, said, “Using technology as a key driver and differentiator, Smiles is poised to disrupt the market and establish itself as a market leader while maintaining its capital efficiency. Lastly, we believe the opportunity here is global and we will work with the company to take them to other markets such as the Middle East and North Africa.”
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