Innovaid Co. is a South Korean startup that aims to connect dental clinics and dental labs worldwide through digital dentistry. The company offers a platform service that facilitates digitalized dental prosthetic orders, transcending international boundaries. Traditionally, dental prosthetics were created through physical impressions, but with the increasing use of intraoral scanners, the industry is shifting towards transmitting scan files to dental labs digitally. This digital transformation enables Innovaid Co. to connect overseas dental clinics with domestic dental labs, creating new possibilities for global trade in the dental industry. With dental labs in South Korea offering superior quality at a more competitive price point compared to the US, the company has the potential for significant growth and expansion in the dental market. Innovaid Co.'s last round of funding was a Venture Round investment on January 1, 2023, with investments from Big Basin Capital and SEMA Translink.
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