quip appoints Artem Mariychin to its Board along with raising $100m growth funding from Cowen Sustainable Investments

– USA, NY –  quip, the modern oral healthcare company with over 7.5 million users, today announced it has raised $100 million in growth funding from Cowen Sustainable Investments an environmental sustainability-focused growth investment strategy.

Concurrent with the financing, Artem Mariychin, Managing Director at Cowen Sustainable Investments, will join the board of directors.

“quip is well on its way to becoming the iconic oral care brand in the way we’ve seen companies revolutionize other industries like fitness, pet care, and eyewear. No other oral care company can match quip’s engaged customer base, data expertise, professional network, and digital platform that helps people take control of every aspect of their oral health,” said Ewa Kozicz, Co-Head of CSI.

Since launching in 2015, quip has upended the personal oral care market becoming the first and most prolific brand putting design, accessibility, and simplicity at the forefront of oral care while providing a tangible benefit to the environment with its innovative, first of its category, refillable oral care products, and all-paper recyclable packaging. With the Series B funding, quip will further scale its existing consumer packaged goods business and fuel the development of new verticals, innovations in professional services, and global expansion, aiming at the entire global oral healthcare market.

“At quip, we want to improve every step in your oral health journey…whether that’s rewarding you for regularly brushing your teeth for two minutes twice a day, tracking changes in your oral health, or seamlessly scheduling your next dentist appointment through our app,” said co-founder and CEO, Simon Enever. “We want to redesign the way the industry conventionally views, provides and integrates oral health into everyday life.”

Vusal Najafov, Co-Head of CSI, added, “quip has established itself as a leading platform for oral health solutions, with an innovative model underpinned by sustainability and high quality, affordable products. We are excited to support quip in its mission to make dental care services more simple, accessible, and enjoyable for everyone.”

About quip

quip is a modern oral health company launched in 2015 that provides thoughtfully designed personal oral care products and professional dental care services to make oral care more simple, accessible, and enjoyable. The current personal care offerings include a wide selection of American Dental Association accepted (ADA seal) adult and kid electric toothbrushes, smart brushes, refillable floss pick and string, mouthwash, and gum, all kept fresh with a refill delivery service. quip’s professional platform, which is behind quip Aligners and quipcare, is part of the company’s future vision to combine personal and professional care. quip was co-founded by Simon Enever and Bill May.

For more information: https://www.getquip.com/

About Cowen Sustainable Investments

Founded in 2018, Cowen Sustainable Investments provides tailored financing and data analytics solutions to companies that are accelerating the world’s transition to an environmentally sustainable economy by addressing pollution, waste, and resource constraints. The CSI strategy is managed by Cowen Sustainable Advisors LLC, a division of Cowen Inc. Cowen is a diversified financial services firm offering investment banking services, research, sales and trading, prime brokerage, global clearing, commission management services, and investment management. Cowen focuses on delivering value-added capabilities to our clients to help them outperform. Founded in 1918, Cowen is headquartered in New York and has offices worldwide.

For more information: https://www.cowen.com/