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About Torch Dental
Industries
Enterprise Software
Healthcare
Company Size
51-200
Company Stage
Series B
Total Funding
$70.5M
Headquarters
New York City, New York
Founded
2018
Overview
Torch Dental provides an e-commerce platform designed to simplify the procurement process for dental practices. This platform allows healthcare professionals to order supplies more efficiently, ensuring transparent pricing and modernizing the traditional ordering system. Unlike many competitors, Torch Dental operates on a subscription-based model, where clients pay for access to the platform and can enjoy cost savings on their supply orders. The company focuses on customer satisfaction and promotes a collaborative team culture. The goal of Torch Dental is to create better solutions that help healthcare professionals succeed in managing their supply needs.
Simplify's Take
What believers are saying
- Partnerships with dental associations enhance Torch Dental's credibility and customer base.
- The use of cloud technology offers scalability and real-time data access.
- Recent $17M funding supports national expansion and platform enhancement.
What critics are saying
- Emerging dental supply platforms could dilute Torch Dental's market share.
- Rapid tech advancements may strain resources to keep the platform competitive.
- Data privacy concerns could lead to regulatory scrutiny as platform capabilities expand.
What makes Torch Dental unique
- Torch Dental offers AI-driven order recommendations for personalized shopping experiences.
- The platform integrates advanced spend management tools for better expense control.
- Torch Dental's subscription model provides predictable revenue and fosters customer loyalty.
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Funding
Total Funding
$70.5M
Above
Industry Average
Funded Over
2 Rounds
Bessemer Venture PartnersIndustry standards
Benefits
401(k) Retirement Plan
Unlimited Paid Time Off
Maternity and Paternity Leave
Medical and Dental Coverage
Work from Home Stipend
Commuter Benefits
Company Equity
Growth & Insights and Company News
6 month growth
↓ -3%1 year growth
↓ -1%2 year growth
↑ 7%NEW YORK, March 4, 2025 /PRNewswire/ -- Torch Dental, a leading technology platform specializing in dental supply discovery, ordering and spend management, is proud to announce its partnership with the New Jersey Dental Association (NJDA). After years of collaboration, Torch Dental is officially joining the NJDA Perks Provider Program as a preferred supplier. This partnership marks a significant milestone, as it unites Torch Dental's cutting-edge ordering technology with the NJDA's commitment to providing its members access to trusted products and services.Torch Dental is known for its innovative dental supply platform designed to help practices streamline operations, save time and cut costs. Features such as custom product preference dashboards, AI driven order recommendations, advanced spend management tools, and robust analytics make Torch Dental an industry leader. By consolidating supply management under one user-friendly interface, Torch Dental empowers dental practices to focus on delivering top-notch patient care.Adding Torch Dental to the NJDA Perks Provider Program strengthens the NJDA's mission of supporting its members with high-quality tools and services. This partnership will provide NJDA members with exclusive access to Torch Dental's comprehensive solutions, including efficiencies in procurement, budget management and inventory optimization."I met Maureen Barlow, Director of Operations and Business Development at the New Jersey Dental Association, over two years ago
Torch Dental plans to continue growing in 2025, after raising over $17 million in financing from Amex Ventures, Alumni Ventures and Parameter Ventures, alongside existing investors, Raga Partners, Bessemer Venture Partners and Health Velocity Capital.
Torch Dental, a dental supply platform, has raised $17M in Venture funding led by Raga Partners and American Express Ventures.
The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.The reader should not assume that the information is accurate and complete.
NEW YORK, May 21, 2024 /PRNewswire/ -- Torch Dental , a leading technology platform for dental supply & equipment discovery, ordering and spend management, announces its strategic partnership with Bisco and Young Specialties. This groundbreaking collaboration aims to redefine the landscape of dental care by leveraging cutting-edge technology and unmatched expertise.Torch Dental, a leading technology platform for dental supply & equipment discovery, ordering and spend management, announces its strategic partnership with Bisco and Young Specialties.Torch Dental's commitment to modern excellence for dental practices aligns seamlessly with the values upheld by Bisco and Young Specialties. By joining forces, these industry leaders are poised to deliver unparalleled solutions that address the evolving needs of dental professionals."We are thrilled to partner with Bisco and Young Specialties," said Marissa Pan, Head of Operations & Partnerships at Torch Dental. "This partnership represents a convergence of innovation, quality, and dedication to advancing dental care. Together, we will empower dental professionals with the resources they need to achieve optimal patient outcomes."Bisco, renowned for its premium dental materials, adhesives and cutting-edge technologies, brings decades of expertise to the partnership. Through this collaboration, dental practitioners will gain access to a comprehensive range of restorative products from Adhesives to Cements to Composites designed to enhance clinical efficacy and patient satisfaction."Working with Torch Dental has made it easy to get our products to customers and has increased Bisco brand awareness within their growing customer base," said Sarah Peterson, Special Markets Manager at Bisco
Torch Dental is Hiring for 6 Jobs on Simplify!
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About Torch Dental
Industries
Enterprise Software
Healthcare
Company Size
51-200
Company Stage
Series B
Total Funding
$70.5M
Headquarters
New York City, New York
Founded
2018
Torch Dental is Hiring for 6 Jobs on Simplify!
Find jobs on Simplify and start your career today
People Also Viewed
Discover companies similar to Torch Dental