OTIS Dental

OTIS Dental

Providing an easy and affordable way to combat life's daily grind.

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Security Type
Crowd SAFE
Categories
Service Businesses
Min Investment
$150
Location
San Francisco, CA
Offering Date
October 10, 2020
Expected Close Date
February 15, 2021
Target Raise
$25.00K-$1.07M
Deal Notes

Discount: 10%

Company Description

Vision Protecting the health & beauty of smiles everywhereAs licensed dental care providers, we're aware of the challenges that one faces when trying to maintain a healthy and beautiful smile. It's why we're always thinking of new and exciting products and technologies to improve one's oral health - paving the way for OTIS Dental to be the go-to brand for oral care products. Short term goalsLaunch subscription plansLaunch multi-channel marketingExpand operations and staffingBegin prototype of v2.0 Custom Brux-Sensor Night GuardLong term goals Launch additional oral health and beauty products in pipelineCreate brick & mortar locations in major cities to offer same-day services

Key Deal Facts

Custom Night Guards made with the same materials and methods as dentists
Easy and Affordable - no dental office visits or excessive $500+ mark-ups
Addressing the $8B+ and $10B markets of Stress and Bruxism, respectively
Validation from UCSF and the U.S. Dept. of Veterans Affairs medical center
Retail partnerships with Walgreens and Target
$250K raised with 20x increase in revenue in one year.
v2.0 Sensor: monitors oral health, clouds data to dentist & manages stress

Management Team / Advisory Board Bios

Andrew Lee
Dental Hygienist, Founder & CEO
* Over 10 years of experience as Registered Dental Hygienist – Private Practice and UCSF School of Dentistry. * Inventor of the Brux-Sensor night guard technology. * MBA – Healthcare Management & Biotechnology

Rishi Gupta, MD DDS
Chief Dental Officer -Oral Surgeon, Sleep Medicine Specialist and Bruxism Specialist at SF VA Medical Center; Clinical Professor at UCSF and UC Davis

Bryant Park, CPA
Chief Financial Officer - CPA with over 10 years experience in various startup industries

Brendan Carberry
Advisor - Six years of experience at Align Technologies (Invisalign). Over three years of startup experience in 3D dental printing and medical devices.

Deal Notes

Discount: 10%

Amount Raised : $121,188
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Security Description

An equity crowdfunding specific version of a SAFE used by crowdfunding portal Republic. Upon conversion (if and when that happens), investors may receive special shares with limited rights that do not show up on a company’s cap table. The issuer may roll over and not convert shares at the next financing round causing investors to lose out on some upside.

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