Torch (Healthcare Technology Systems) Overview
- Year Founded
-
2017
- Status
-
Private
- Employees
-
74
- Latest Deal Type
-
Later Stage VC
- Latest Deal Amount
-
$17M
- Investors
-
18
Torch (Healthcare Technology Systems) General Information
Description
Developer of an all-in-one platform designed to meet dental practices' supply ordering and inventory management needs. The company digitizes and optimizes practices' manual processes, enabling dentists to manage inventory and procurement more efficiently.
Contact Information
Website
www.torchdental.comCorporate Office
- 49 West 23rd Street
- Floor 3
- New York, NY 10010
- United States
Corporate Office
- 49 West 23rd Street
- Floor 3
- New York, NY 10010
- United States
Torch (Healthcare Technology Systems) Timeline
Torch (Healthcare Technology Systems) Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 6. Later Stage VC | 08-Jan-2025 | $17M | Completed | Generating Revenue | ||
| 5. Later Stage VC | Completed | Generating Revenue | ||||
| 4. Later Stage VC (Series B1) | 04-Apr-2024 | Completed | Generating Revenue | |||
| 3. Early Stage VC (Series B) | 10-Oct-2021 | Completed | Generating Revenue | |||
| 2. Early Stage VC (Series A) | 01-Nov-2019 | $8.5M | $11M | Completed | Generating Revenue | |
| 1. Seed Round | 06-Dec-2017 | $2.52M | $2.52M | Completed | Startup |
Torch (Healthcare Technology Systems) Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series B-1 | ||||||||
| Series B | ||||||||
| Series A | 5,052,312 | $0.000010 | $1.78 | $1.78 | 1x | $1.78 | 15.45% | |
| Seed | 4,030,410 | $0.000010 | $0.62 | $0.62 | 1x | $0.62 | 12.32% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Torch (Healthcare Technology Systems) Comparisons
Industry
Financing
Details
Torch (Healthcare Technology Systems) Competitors (1)
One of Torch (Healthcare Technology Systems)’s competitors is ZenOne, a Angel-Backed company based in Austin, TX.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| ZenOne | Angel-Backed | Austin, TX |
Torch (Healthcare Technology Systems) Signals
Torch (Healthcare Technology Systems) Investors (18)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| AMEX Ventures | Corporate Venture Capital | Minority | ||
| BakerBridge Capital | Venture Capital | Minority | ||
| Chestnut Street Ventures | Venture Capital | Minority | ||
| Parameter Ventures | Venture Capital | Minority | ||
| The Garage Syndicate | Angel Group | Minority |
Torch (Healthcare Technology Systems) FAQs
-
When was Torch (Healthcare Technology Systems) founded?
Torch (Healthcare Technology Systems) was founded in 2017.
-
Where is Torch (Healthcare Technology Systems) headquartered?
Torch (Healthcare Technology Systems) is headquartered in New York, NY.
-
What is the size of Torch (Healthcare Technology Systems)?
Torch (Healthcare Technology Systems) has 74 total employees.
-
What industry is Torch (Healthcare Technology Systems) in?
Torch (Healthcare Technology Systems)’s primary industry is Other Healthcare Technology Systems.
-
Is Torch (Healthcare Technology Systems) a private or public company?
Torch (Healthcare Technology Systems) is a Private company.
-
What is Torch (Healthcare Technology Systems)’s current revenue?
The current revenue for Torch (Healthcare Technology Systems) is .
-
How much funding has Torch (Healthcare Technology Systems) raised over time?
Torch (Healthcare Technology Systems) has raised $66.5M.
-
Who are Torch (Healthcare Technology Systems)’s investors?
AMEX Ventures, BakerBridge Capital, Chestnut Street Ventures, Parameter Ventures, and The Garage Syndicate are 5 of 18 investors who have invested in Torch (Healthcare Technology Systems).
-
Who are Torch (Healthcare Technology Systems)’s competitors?
ZenOne is a competitor of Torch (Healthcare Technology Systems).
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read more -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process