Sonendo, Inc.
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Sonendo, Inc. - overview
Established
2006
Location
Laguna Hills, CA, US
Primary Industry
Healthcare Specialists
About
Based in California, US, and founded in 2006 by its CEO, Bjarne Bergheim, Sonendo, Inc. operates as a provider and developer of dental care technologies that offer root canal therapy services. In January 2020, Sonendo, Inc. raised USD 85 million in funding led by EW Healthcare Partners, with ArrowMark Partners, Broadfin Capital, NeoMed, and Redmile Group, CVF Capital Partners, General Atlantic, JMR Capital Partners, Meritech Capital Partners, OrbiMed Advisors, Perceptive Advisors, SEB Private Equity, and Security Pacific Finance.
In October 2021, Sonendo, Inc. raised USD 93. 6 million in an IPO, selling 7. 8 million shares at USD 12 per share on the New York Stock Exchange under the ticker symbol SONX.
As of November 2021, the company has treated 700,000 patients with the GentleWave Procedure. Sonendo, Inc. offers the GentleWave® System, which helps doctors reach lateral canals and microscopic tubules to remove tissue, debris, biofilm, and bacteria. SoundFlow® provides an efficient and effective fluid delivery process, and SoundBAR® combines macro and microscopic cleaning.
Current Investors
Ally Bridge Group, Meritech Capital Partners, OrbiMed Advisors
Primary Industry
Healthcare Specialists
Sub Industries
Biotechnology, Dental Products & Services, Surgical Devices
Website
www.sonendo.com
Company Stage
Mature
Total Amount Raised
Subscriber access only
Sonendo, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Corporate Carve Out, Trade Sale | Completed | TDO Software, Inc. | - | ||||||||
| PIPE | Completed | Sonendo, Inc. | - |
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