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.

Topics:  ceo simon enever   techcrunch   alternative   target   silicon valley bank   new york-based    it s    we re    for   capital    i   enever   quip   quip s   million   dental care   products and services   financing   providers   debt   expand   patients   funding   equity   electric   start   toothbrushes   offer   raised   additional   startup   oral   traditional   months   types   details   big   year   

 

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