DURHAM – CureMint, a Durham startup that launched in 2017, has pulled in another $2.2. million in funding for its “next stage.”
The company focuses on providing procurement services for the dental industry. It raised $1.25 million in 2020.
Leading the round is VentureSouth. Other backers include Cofounders Capital, Stout Street Capital, Front Porch Ventures and individuals.
“We’re elated to add such an awesome group of investors led by VentureSouth with us,” said Brandon McCarty, co-founder and CEO of CureMint, in the announcement. “It’s great to feel their confidence, support and excitement as we enter into the next stage of CureMint’s journey. Along with the positive customer feedback, there is nothing more validating to our team’s hard work over the past 18 months than this.”
The new funding will be used to increase market awareness and education as well as further research and development, the company said.
“Consolidation within the dental market is driving demand for a more efficient supply chain. CureMint provides a ready solution with their platform that streamlines the procure-to-pay process to unlock hidden profits for dental organizations,” said Matt Dunbar, co-founder and Managing Director at VentureSouth, in a statement. “We are excited to partner with the talented CureMint team as they execute on their vision which is demonstrating tremendous impact for their customers and accelerating growth for the company.”