Vogel Heerma Waitz advises PlusDental on EUR 32 million Series‑C deal.
Berlin — PlusDental has closed a EUR 32 million Series C financing round. The core of the PlusDental business is the sale of transparent dental trays and the digitization of dentistry. In addition to the existing investors HV Holtzbrinck Ventures and Lakestar , PING AN and Christian Wegner are also participating in PlusDental’s financing round. PlusDEntal was advised by Dr. Clemens Waitz, Sabine Röth, Dr. Jan Heerma and Lorenz Frey from the law firm Vogel Heerma Waitz.
This makes the Berlin-based start-up, founded in 2017, one of Europe’s leading health tech companies with a total valuation of over 100 million euros. PlusDental is led by industrial engineer and experienced manager Eva-Maria Meijnen (photo), former McKinsey consultant Dr. Peter Baumgart and well-known entrepreneur and angel investor Lukas Brosseder, who already successfully took his previous company public in New York.
PlusDental’s mission is to provide all patients with access to high-quality and innovative dentistry. As a pioneer in digitization, PlusDental has managed to become the leading European digitization partner for dentists after just two and a half years and has so far managed over 15,000 dental corrections in Germany, Austria, Switzerland, the UK and Spain at the highest medical level.
Among the well-known investors such as HV Holtzbrinck Ventures and Lakestar, Christian Wegner, founder of the Berlin-based re-commerce platform Momox, was joined by Hong Kong-based insurance group Ping An through its Global Voyager Fund. Ping An, as a technology-based financial services company and a global leader in tele-medicine, operates the “Ping An Good Doctor” platform with over 700,000 digital doctor visits daily. PlusDental thus benefits not only from the high investment volume but also from a wealth of experience and in-depth knowledge in the field of digital medicine.
PlusDental consultants: Vogel Heerma Waitz
Dr. Clemens Waitz, Sabine Röth, Dr. Jan Heerma, Lorenz Frey
About Vogel Heerma Waitz
Vogel Heerma Waitz is a Berlin-based law firm specializing in growth capital, technology and media that has been operating since May 2014