DDS Inc.

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DDS Inc. - overview

Established

2009

Location

Seoul, -, South Korea

Primary Industry

Software

About

Based in South Korea, DDS Inc. specializes in innovative software solutions for the dental industry, enhancing dental procedures through advanced technology and improved workflow processes. DDS Inc. is a company focused on providing digital dentistry solutions, with its headquarters located in Seoul, South Korea.


Founded in 2009 by Eric Reid, Jordan Sandhu, Mark Petrovic, and Yohan Shrivastava, it has engaged in a total of 6 deals, with its most recent funding raised on February 17, 2021. The company secured KRW 8 billion from a mix of returning investor Ray Co. , Ltd. and new investor KB Investment, bringing the total amount raised to KRW 8 billion.


Currently, DDS Inc. holds a valuation of KRW 61,369. 181 million. NEXOD DDS Inc.


specializes in advanced digital dentistry solutions, primarily focusing on CAD/CAM workflows. The company's flagship products include the NEXOD Chairside Milling Machine and the COMFORT+ Intraoral Scanner, both aimed at streamlining dental procedures and enhancing patient comfort. These solutions enable dental professionals to perform one-day treatments, significantly reducing patients' time spent in the clinic while improving the accuracy and quality of dental restorations. Targeting dental practitioners and clinics, NEXOD’s offerings cater to a diverse client base across international markets, including Europe, North America, and Asia, where there is a rising demand for high-quality dental care.


NEXOD DDS Inc. generated revenue of KRW 137,561. 5 million in the most recent year, 2021. The company experienced an EBITDA of -KRW 3,388,820.


5 million during the same period. Revenue is primarily derived from the sale of proprietary dental equipment and software solutions, with a transaction structure that includes direct sales to dental practices and potential partnerships with distributors. Clients purchase the NEXOD Chairside Milling Machine and COMFORT+ Intraoral Scanner as part of a complete digital workflow, which often includes software licenses for CAD design and management. The pricing plans encompass both the acquisition of these systems and ongoing support services, ensuring access to the latest technology.


In February 2021, DDS Inc. raised KRW 8 billion in venture funding aimed at supporting the development of new products and expanding into new markets. The company is focused on launching additional innovative dental technologies and enhancing its product offerings, with specific plans for market expansion targeting regions in Europe and North America by 2023. Funding will be utilized for product development, enhancing manufacturing capabilities, and expanding the sales team to facilitate entry into these new geographic areas.


Current Investors

Atinum Investment, BK Investment, Partners Investment

Primary Industry

Software

Sub Industries

Dental Products & Services, Medical Software

Website

www.aegisdds.com

Verticals

Manufacturing

Company Stage

Series B

Total Amount Raised

Subscriber access only

DDS Inc. - financials

Fiscal Year EndedDec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021
Revenue (USD)595,701,932---
% Revenue Growth (YoY)----
EBITDA (USD)(3,034,278,232)---
Operating Income (USD)(4,755,329,917)---
Operating Margin(798.3%)---
% EBITDA Margin(509.4%)---
NET Income (USD)(4,332,194,835)---
% Net Margin(727.2%)---

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