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quip

quip

Direct-to-consumer oral care products and services

About

Quip focuses on improving oral health through its range of electric toothbrushes and other oral care products. Their toothbrushes feature a 2-minute timer and sonic vibrating bristles, designed with input from dental professionals. These toothbrushes can last up to three months on a single charge or with a replaceable battery. Quip also offers refillable products like floss, mouthwash, gum, and anticavity 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 stands out from competitors by offering virtual dental care services, allowing customers to access dental advice remotely. The company's goal is to make quality oral care accessible and convenient for consumers, primarily through direct sales and a subscription model.

Company Stage

Series B

Employees

51-200

Industries

Healthcare, Consumer Goods

Total Funding

$205.8M

Headquarters

N/A

Founded

2014


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Simplify's Take

What believers are saying

  • The recent $40M funding round and $100M cash infusion position Quip for significant growth and expansion into new consumer products and professional services.
  • Acquisitions like Toothpic enable Quip to offer a 360-degree oral health service, enhancing its market presence and customer value proposition.
  • The launch of innovative products like vitamin-enhanced mints and rechargeable electric toothbrushes demonstrates Quip's commitment to continuous product development and market differentiation.

What critics are saying

  • The highly competitive oral care market requires Quip to continuously innovate to maintain its market position.
  • Dependence on the subscription model may pose challenges if customer retention rates decline.

What makes quip unique

  • Quip's direct-to-consumer model with a subscription service for refillable products ensures consistent customer engagement and loyalty, unlike traditional retail models.
  • The integration of virtual dental care and custom dental products at lower costs provides a comprehensive and affordable oral care solution, setting Quip apart from competitors.
  • Quip's sleek, dentist-designed products combined with features like a 2-minute timer and sonic vibrating bristles offer a unique blend of functionality and aesthetics.

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Growth & Insights
Headcount

6 month growth

-6%

1 year growth

-8%

2 year growth

-25%

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