Toothio Secures $5M in Funding for Dental Staffing Marketplace
Deal News | Nov 01, 2024 | Aim Group
Phoenix, Arizona-based job board Toothio, which specializes in dental staffing services, has successfully raised $5.0 million in a recent funding round. This capital injection was spearheaded by NVP Capital and supported by several other venture firms, including Craft Ventures, Rho Capital, Marketplace Capital, and Roosh Ventures. Notable participation also came from Burst Capital, Revere Partners, Karman Ventures, Az Crown, and Connexa. Toothio aims to utilize this funding to enhance its platform, which connects dental professionals with job opportunities in the industry, optimizing staffing solutions within dental practices. The strategy involves leveraging technology to streamline recruitment and broaden the reach of its services in the dental market.
Sectors
- Dental Staffing
- Venture Capital
- Technology
Geography
- United States – Toothio is based in Phoenix, Arizona, and the involvement of multiple U.S. venture capital firms highlights the domestic focus of the funding and business operations.
Industry
- Dental Staffing – The article focuses on Toothio's role in providing a niche job marketplace tailored specifically for dental professionals, aiming to enhance staffing solutions in dental practices.
- Venture Capital – The article details a funding round involving several venture capital firms investing in Toothio, a growing company within this sector.
- Technology – Toothio uses technology to match dental professionals with relevant job opportunities, indicating its role within the tech industry focused on staffing solutions.
Financials
- $5.0 million – The total amount raised by Toothio in the latest funding round led by NVP Capital and several other investment firms.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Toothio | Target Company | Company | A niche job board that specializes in connecting dental professionals with employment opportunities within the dental industry. |
| NVP Capital | Lead Investor | Company | A venture capital firm that led the $5.0 million funding round for Toothio. |
| Craft Ventures | Investor | Company | A venture capital firm that participated in the funding round for Toothio. |
| Rho Capital | Investor | Company | A venture capital firm involved in the funding round for Toothio. |
| Marketplace Capital | Investor | Company | A venture capital firm participating in the funding round for Toothio. |
| Roosh Ventures | Investor | Company | A venture capital firm that supported the funding round for Toothio. |
| Burst Capital | Investor | Company | A venture capital firm involved in the funding round for Toothio. |
| Revere Partners | Investor | Company | A venture capital firm participating in the funding round for Toothio. |
| Karman Ventures | Investor | Company | A venture capital firm supporting the funding round for Toothio. |
| Az Crown | Investor | Company | A venture capital firm involved in Toothio's funding round. |
| Connexa | Investor | Company | A venture capital firm participating in the funding round for Toothio. |