Mexico City September 19th 2018 – Dentalia, ALLVP portfolio company since 2016 and leading dental clinic network in Mexico closed a fresh funding round with a group of investors led by the Monterrey-based family office Arzentia Capital. The growth round seeks to accelerate the company’s expansion with the opening of more than 100 clinics in the next five years.
Federico Weber – CEO of Dentalia – founded the company with the vision to transform dental health in Mexico. The company was the pioneer in developing a model of standardized and comprehensive care based on three fundamental pillars: high quality, convenience, and exceptional service. Federico commented: “In our country, the culture of prevention regarding dental health is almost inexistent. At Dentalia, we believe that the patient’s well-being begins with good dental health, and we are constantly looking to facilitate the access to high-quality services. With this new round of investment, we will extend our geographic coverage and continue to improve the value proposition to our patients and clients, such as insurance companies, brokers and corporates”.
Rogelio Prieto from Arzentia Capital commented: “Excellence from a medical and operational standpoint, coupled with a differentiated offering and the outstanding vision of the management team make us believe that Dentalia has a unique potential to strengthen its market leadership. We are convinced of the huge market opportunity and Dentalia’s capacity to improve dental health in Mexico”.
By closing this growth investment round, Dentalia further consolidates its leadership and commitment to improve patient care. The company will increase the use of new technologies and strengthen its pool of talent to further enhance its offer of innovative dental plans and reinforce partnerships with corporate clients.
Founded in 2006, Dentalia is the market leader in dental healthcare in Mexico, with 54 clinics all over the country. With about twelve years of experience in the market, and a simple and very intuitive system, the company is now a reference for dental treatments nationwide, offering a full range of services – from routine check-ups to complex orthodontics and aesthetic interventions – customers can enjoy the convenience of a one-stop shop model. Since its creation, Dentalia has treated more than 500 thousand patients, performed more than 1.5 million treatments and has 1.2 million beneficiaries with a dental plan from the main insurers, companies, and brokers in the country.
ALLVP (Antoni & Lelo de Larrea Venture Partners) is the pioneering Venture Capital fund in Mexico investing in innovative services in Fintech, Smart Cities, Healthcare and Consumer Internet. Founded in 2012 in Mexico City by Federico Antoni and Fernando Lelo de Larrea, with the ambition to enable founders to visibly impact the Latin American entrepreneurial ecosystem, ALLVP is one of the most active early stage VC fund in Latin America.
Across two portfolios, the fund has invested in twenty-six highly innovative companies throughout the region such as Cornershop, the fastest growing on-demand grocery platform in Latin America, weex, the revolutionary mobile virtual network and wallet, and Alkanza, a pioneering rob-advisor that uses AI to offer portfolio services to clients of financial institutions in Brazil, Mexico, Colombia and the US. The firm is a member of the Latin-American Venture Capital Association (LAVCA), the Mexican Private Equity Association (AMEXCAP) and Endeavor Investor Network.