quip

quip

Direct-to-consumer oral care products and services

About quip

Simplify's Rating
Why quip is rated
B
Rated C on Competitive Edge
Rated A on Growth Potential
Rated B on Rating Differentiation

Industries

Healthcare

Consumer Goods

Company Size

51-200

Company Stage

Late Stage VC

Total Funding

$163.2M

Headquarters

New York City, New York

Founded

2014

Overview

Quip focuses on improving oral care with its range of electric toothbrushes and other dental products. Their toothbrushes feature a 2-minute timer and sonic vibrating bristles, designed based on feedback from dental professionals. They are rechargeable and can last up to three months on a single charge. Quip also offers refillable products like floss, mouthwash, gum, and toothpaste, which are delivered to customers every three months through a subscription service. Additionally, they provide custom dental care items such as whitening trays and guards, which are more affordable than those from dentists. Quip differentiates itself by selling directly to consumers via its website and offering virtual dental care services. The company's goal is to enhance oral health and hygiene while making dental care more accessible and convenient.

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Simplify's Take

What believers are saying

  • Quip raised $40M to support new product and service launches in 2024.
  • The acquisition of Toothpic enhances Quip's teledentistry capabilities.
  • Subscription models in healthcare are gaining traction, benefiting Quip's business model.

What critics are saying

  • Increased competition from established brands like Colgate and Oral-B.
  • Departure of Alan Wizemann may impact Quip's digital strategy.
  • Regulatory challenges may arise from Quip's expansion into teledentistry.

What makes quip unique

  • Quip offers a unique direct-to-consumer oral care subscription service.
  • The company integrates teledentistry with at-home oral care products.
  • Quip's products are designed with input from dentists and designers.

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Funding

Total Funding

$163.2M

Above

Industry Average

Funded Over

7 Rounds

Late VC funding comparison data is currently unavailable. We're working to provide this information soon!
Late VC Funding Comparison
Coming Soon

Benefits

Hybrid Work Options

Unlimited Paid Time Off

Health Insurance

Commuter Benefits

Paid Parental Leave

Paid Vacation

401(k) Tax Benefits

Competitive Compensation Package

Employee Discounts

Wellness Program

Growth & Insights and Company News

Headcount

6 month growth

1%

1 year growth

1%

2 year growth

-2%
AlleyWatch
Feb 12th, 2024
The AlleyWatch Startup Daily Funding Report: 2/12/2024

The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 2/12/2024 featuring funding details for quip, Stavtar Solutions, and much more. This page will be updated throughout the day to reflect any new fundings.

Business Wire
Jan 8th, 2024
quip Raises $40M to Support Upcoming Consumer Product and Professional Service Launches

quip Raises $40M To Support Upcoming Consumer Product And Professional Service Launches

Retail Dive
Aug 18th, 2023
Quip launches vitamin-enhanced mints

DTC oral healthcare brand Quip has launched Quip Mints, a vitamin-enhanced, sugar-free mint product.

PR Newswire
Mar 15th, 2023
Munchkin, Inc. Expands Leadership Team With The Appointment Of Alan Wizemann To Chief Digital Officer

A veteran digital transformation specialist, Wizemann makes the jump from Munchkin board member to full-time executiveLOS ANGELES, March 15, 2023 /PRNewswire/ -- Munchkin, Inc. today announced the appointment of Alan Wizemann to the position of Chief Digital Officer, effective immediately. Wizemann was named to Munchkin's board of directors in early 2022 and played a critical role in advising the company's digital strategy and online growth. In his new position, Wizemann's expanded responsibilities include the oversight and success of technology advancements within the organization.A veteran digital transformation specialist, Wizemann makes the jump from Munchkin board member to full-time executive Tweet this Alan Wizemann"We are excited for Alan to help establish Munchkin as a leading digital, direct-to-consumer, data driven, customer-centric organization with innovative products and solutions at the core," says Munchkin's Founder & CEO, Steven B. Dunn.Formerly the Chief Digital & Technology Officer at Quip NYC, Inc., Wizemann was responsible for the entire digital organization of the company, including direct-to-consumer, mobile, product, product design, engineering, infrastructure, data, retention, and performance marketing for getquip.com.Throughout his career, Wizemann created billions of dollars in incremental revenue through systematic, innovative, agile development of software and services. His former positions include Chief Digital Officer at Dollar Shave Club, Interim Chief Digital Officer at Goop, Vice President of Guest Experiences and Digital Product at lululemon, Interim Chief Product Officer at WebMD, and Vice President of Target.com."Since joining Munchkin's board, I have been continually impressed with the team, products, and culture built within this organization," says Wizemann

Yahoo Finance
Nov 15th, 2022
Quip Announces Launch Of Its First-Ever Rechargeable Electric Toothbrush

The electric toothbrush loved by over 10 million people, is now rechargeable. NEW YORK, Nov. 15, 2022 /PRNewswire/ -- Today, quip , the modern oral health company, announces the launch of its latest innovation, its first-ever Rechargeable Electric Toothbrush , an industry-disrupting toothbrush that will stay charged for up to three months1. The new product features the same sleek design consumers love and expect from quip, an American Dental Association (ADA) accepted replaceable brush head plus timed sonic bristle vibrations and optional smart features that help guide and reward better brushing habits

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