Quip, the dental care startup that got its start selling electric toothbrushes directly to consumers, has raised $40 million. The money comes in the form of equity and debt financing, with about half of the funding coming in an equity deal lead by Sherpa Capital and the other half in debt financing from Triplepoint Capital. “I think the mix of debt and equity is a great thing for us,” Quip CEO Simon Enever told TechCrunch.