• Impress – the next-generation invisible orthodontics chain – aims to continue expanding its activities worldwide and digitalize the patient experience.
  • The financing round was supported by LBO France, Norgine Ventures and Claret Capital Partners. Existing investors TA Ventures, Uniqa Ventures and Nickleby Capital also participated in this round.
  • The funds will be used to pursue expansion across Europe through both organic and external growth, and to invest in technology and in-house clear aligner production capacity.

Barcelona, July 12, 2022 – Impress, the European leader in invisible orthodontics, today announced a $125M Series B financing round. A first closing of $100M was completed this week, with the goal of accelerating the company’s expansion into new markets and strengthening its leadership in existing ones. The company also plans a complementary $25M closing in the near future.

Founded in 2019 in Barcelona by renowned orthodontist Dr. Khaled Kasem and entrepreneurs Diliara and Vladimir Lupenko, Impress was created to combine the best of orthodontic tradition with the most advanced technology in the field. Impress has disrupted the clear aligner industry by introducing a hybrid model based on a proprietary network of physical orthodontic clinics and the use of digital tools for therapeutic strategy and remote patient monitoring.

The clear aligner market is booming. These aligners make it possible to straighten teeth in 6 to 18 months while minimizing aesthetic and mechanical discomfort. They are especially popular among young adults sensitive to price and customer experience – a segment that traditional players, whether dental practices or direct B2C distributors, have struggled to serve effectively.

In just three years, Impress has become the number one brand and market leader in its category across Europe. The company employs 1,000 people, including 500 medical professionals specialized in orthodontics. It already operates more than 130 clinics across 8 countries, including key European markets such as Spain, Italy, Germany, France, and the United Kingdom. Its business model has proven its efficiency: 80% of its clinics are already profitable and show very strong growth.

Technology is one of Impress’s core pillars. Partly powered by artificial intelligence, it enables a seamless end-to-end patient journey – from analysis and treatment planning to remote follow-up. As a result, Impress achieves some of the highest conversion rates in the industry, an excellent customer experience (NPS 84*), and the best clinical outcomes in its class. The company has also recently launched one of Europe’s largest R&D and manufacturing facilities for clear aligners.

“We have created a completely renewed orthodontic experience through technology. All processes are fully digitized thanks to a unique set of software and digital modules that ensure medical quality and improve productivity across every stage of patient care,” said Diliara Lupenko, co-founder and COO of Impress.

The funds raised will be used to continue expansion across Europe (through organic growth or acquisitions), make new technology investments, and expand in-house production capacity. “We are building the global leader in next-generation invisible orthodontics,” added Diliara Lupenko.

Valéry Huot, Partner and Head of Venture at LBO France, commented: “Impress is revolutionizing the orthodontics market while maintaining medical excellence and patient care at the highest level. We are delighted to join Impress’s shareholding and contribute to its strong expansion.”

Peter Stein, Executive Chairman at Norgine Ventures, said: “We are very excited to invest in Impress. The clear aligner market represents a tremendous growth opportunity. With this investment, we are supporting a company that, since its creation in 2019, has experienced very rapid growth and impressive geographic expansion, offering a differentiated proposition focused on quality of care, patient journey, and operational efficiency. Impress is now well positioned to build on its early success and capture a significant share of the market.”

*NPS: Net Promoter Score

About Impress

Impress is Europe’s first digital orthodontics brand. Founded in Barcelona in 2019, the company has revolutionized the invisible orthodontics sector thanks to a team of smile-focused professionals and cutting-edge technology applied to diagnosis, treatment, and patient monitoring. In just three years, Impress has established itself as Europe’s leading brand in invisible orthodontics, with a presence in over 130 European cities across 8 countries.

For more information, visit: www.smile2impress.com

Press contacts Impress: yago.grela@smile2impress.com

About LBO France

A pioneer of private equity in France, LBO France is today a leading multi-specialist investment platform with €6 billion in assets under management through its subsidiaries Twenty-First Capital in Paris and Polis Fondi SGR in Italy. Its investment strategy is structured around five distinct segments managed by dedicated teams: LBO Mid and Small Cap, Digital Health Venture, Real Estate and Proptech, Infrastructure Debt, and Listed Investment. Over the past years, the firm has expanded its activities across Europe, particularly in Italy with teams in Milan and Rome, as well as in Africa. Fully owned by its management, LBO France is one of the founding members of the international climate initiative and among the first signatories of the France Invest gender equality charter.

Learn more: www.lbofrance.com

Press contacts – Taddeo

Antoine Denry: +33 (0)6 18 07 83 27 / antoine.denry@taddeo.fr

Julia Paget: +33 (0)6 38 55 68 78 / julia.paget@taddeo.fr