Global Dental Services (GDS), which operates the nationwide chain of oral care clinics Clove Dental, raised $66 million in growth funding led by Investcorp where Tybourne Capital Management, SeaLink Capital Partners, and existing investors also participated.
340 Clove Dental offices are run by GDS in 24 cities and 12 states. GDS will use the new funds for its three business divisions: dental clinics, dental aesthetics, and oral care products. The entire value chain, including software, dental laboratories, sourcing, distribution, quality management systems, products, hiring and training dental assistants, etc., has seen investments from GDS. It uses software with computer vision and AI capabilities to keep an eye on safety procedures at its clinics.