Monthly Archives: September 2023

Research Bridge Partners Makes Pre-Seed Capital Investment in Tetricus Labs

– The precision psychiatry platform – formed by a team out of Yale University – leverages machine learning to ensure patients with serious mental illness find the right diagnosis and treatment –

AUSTIN, Texas, Sept. 29, 2023 — Research Bridge Partners, which makes formative investments in biomedical startup companies based on the breakthroughs of preeminent innovators at research universities, announced a seed capital investment in Tetricus Labs, a Yale University spinout that is developing a machine learning platform for use by both providers and patients to enhance the precision with which mental illness is diagnosed and treated.

Tetricus Labs’ was co-founded by Dr. Philip Corlett, an Associate Professor of Psychiatry and Psychology at Yale University and internationally recognized expert in computational neuroscience, and Dr. Sean McCurdy, formerly Head of Ad Solutions Data Science at Pinterest. This interdisciplinary team is developing a multi-modal data approach to building personalized profiles of each patient to predict each patient’s likely response to interventions for serious mental illness. 

The Tetricus Labs platform will enable psychiatric hospitals and independent providers to comprehensively assess new referrals, match patients with the right type and level of treatment, and monitor outcomes to refine and optimize care over time.

“Our vision is to empower patients to own their own care journey,” said Corlett. “Through data, education and a network of high-quality providers who can deliver exceptional care and support, a patient can achieve recovery as efficiently, effectively and sustainably as possible.”

“We’re patient-founded, patient-owned, and patient-run,” said Tetricus Labs’ Co-Founder and CEO Lindsay Dow. “After my own 10-year journey of psychiatric misdiagnosis, I know firsthand that the current system is inadequately resourced to consistently render precise clinical assessments, but also that a patient can recover rapidly with the right diagnosis and treatment.”

Research Bridge Partners’ investment will fund the development of Tetricus Labs’ leadership team and support clinical trials involving the company’s machine learning platform. With this investment, Isaac Barchas, Research Bridge Partners Co-Founder and CEO, has joined the company’s board of directors.

Research Bridge Partners also announced the designation of Dr. Corlett as a Research Bridge Partners Fellow – a group consisting of the foremost academic innovators who co-found companies to translate their research into clinical practice.

About Research Bridge Partners
Research Bridge Partners makes formative investments in biomedical startup companies based on the breakthroughs of preeminent innovators at mid-continent research universities—creating high quality investment opportunities that are sourced from geographies with thinner commercialization resources.

Founded by Isaac Barchas and Reid Hoffman, we use proprietary analytics to identify the less than 1% of academic researchers nationwide whose science and entrepreneurial mindsets are characteristic of successful biomedical startups. We then make seed capital and scaling investments and establish effective corporate structures to create portfolio-ready opportunities for downstream investors.

www.researchbridgepartners.org

About Tetricus Labs
Tetricus was founded in 2022 by Lindsay Dow, Dr. Philip Corlett, and Dr. Sean McCurdy to leverage breakthroughs in neuroscience & machine learning to revolutionize the patient journey from diagnosis to treatment and recovery. Tetricus’ software platform supports leading psychiatric hospitals and providers to comprehensively assess incoming referrals, match patients with the right type and level of treatment, and monitor patient outcomes to refine and optimize care over time.

www.tetricuslabs.com

SOURCE Research Bridge Partners


Copec WIND Ventures Expands Team to provide visionary founders with unfair access to the rapidly growing Latin America region

Started in 2020 and backed by Copec, Copec WIND Ventures aims to invest in start-ups and scale-ups across the world, transforming the energy, mobility, and retail sectors and granting entrepreneurs with ‘unfair’ access to the rapidly growing Latin America (LatAm) region. To date, the firm has deployed $109 million in capital, completed 30 transactions, has 16 active portfolio companies, three exits, and is committed to continuing its investing efforts at the same level over the next decade.

Recent investments include ClearFlame Engine Technologies, the creator of breakthrough engine technology that enables the modification of diesel engines used for heavy industry; SOURCE Global, the world’s first renewable drinking water system; Wallbox,  a smart electric vehicle charging and energy management provider; Grabango, a checkout-free technology for existing, large-scale grocery; and convenience stores and Resonant Link, a leader in wireless charging solutions for mobility.

“In less than three years, we’ve built a compelling, distinctive value-add platform for global startups that gives them total addressable market expansion and growth acceleration in a very real way,” says Brian Walsh, Head of Copec WIND Ventures. “With the three new hires, we’re poised to accelerate our mission of shaping the future of energy, mobility, and retail in Latin America by bringing the world’s best and brightest to the region. Their combined experience and expertise will be instrumental in helping us to identify and support innovative startups and scaleups in our key sectors. Now, with a larger team, we can deepen our commitment to providing global startups with unfair access to Latin America.”

Key Appointments to the Copec WIND Ventures include:

Mark Dryden, Investor

Mark Dryden is an experienced investor who brings a wealth of expertise in venture capital and strategic investment to Copec WIND Ventures. Before joining the team, Mark was an investor at Plug n Play, where he focused on Climate Tech and energy and several engineering roles in the energy sector. He was also an intern at Wincrest Capital, where he supported the Energy Transition Fund. With a degree from the University of Capetown and an MBA from Fuqua School of Business, Mark specializes in deal sourcing, due diligence, and portfolio management. His skills will be crucial as Copec WIND Ventures expands its investment portfolio and drives long-term value.

Francisco Larrondo, Strategic Impact Manager

Francisco Larrondo is a seasoned strategist with a track record of guiding companies through pivotal stages of growth and transformation. Before joining Copec WIND Ventures, he was with Copec Voltex, the e-mobility subsidiary of Copec, committed to developing comprehensive EV charging solutions for consumers and industries, where he was responsible for developing and executing key initiatives. With a degree from Pontificia Universidad Católica de Chile and over a decade of experience, Francisco excels at aligning business processes with strategic goals, leveraging his deep understanding of the energy, retail, and mobility sectors. He will be a vital asset in crafting the vision and strategy for Copec WIND Ventures as it seeks to accelerate the growth of startups and scaleups in emerging markets.

Gracia Lagos, Analyst

Gracia Lagos joined Copec WIND Ventures from Copec SA, where she was a Senior Development and Studies Engineer. Gracia holds a degree in Business Analytics and is passionate about leveraging data to make informed investment decisions. At Copec WIND Ventures, she will play an instrumental role in identifying and evaluating investment opportunities that align with the firm’s strategic priorities.

About Copec WIND Ventures:

Copec WIND Ventures is based in San Francisco and serves as the CVC arm of Copec, one of the leading energy, mobility, and retail companies in Central and South America. Copec is also one of the most valued brands throughout Latin America. WIND Ventures leverages Copec’s significant resources to accelerate growth, primarily within Latin America, for startups and scaleups across the world within the new mobility, energy, and retail sectors.

For more information, visit windventures.vc or follow us on LinkedIn and Twitter.

Media Contact:
Mary Magnani
[email protected]

SOURCE WIND Ventures


Cardata Raises $100M in Capital to Accelerate Growth and Investment in Product Innovation

TORONTO, Sept. 28, 2023 — Cardata, a leading provider of tax-compliant mileage reimbursement software to leading global organizations, today announced a new round of growth investment led by Wavecrest Growth Partners, with participation from MassMutual Ventures.

Founded in 1999, Cardata provides a suite of reimbursement software, compliance programs, and business intelligence tools for companies whose employees drive their personal cars for work.

Over the past three years, under the leadership of Sheret Ross and Michael Levine, Cardata has tripled its annual recurring revenue, growing by over 200% in aggregate. Cardata is on track for another record breaking revenue growth year. This latest strategic investment will accelerate the Company’s market coverage and pace of innovation in both its core systems and new products, enabling it to continue to support its rapidly growing customer base.

Sheret Ross, CEO at Cardata, said, “Companies are turning to more efficient vehicle programs to deliver benefits and savings to their employees. As Cardata has helped tens of thousands of drivers get reimbursed for using their personal car for work, we aim to unlock more value for our users and expand our market coverage. This strategic investment from Wavecrest and MassMutual will accelerate the pace of our product innovation and help us continue to deliver a superior experience, along with new products, for our users.”

Michael Levine, President at Cardata, said, “This significant investment represents a pivotal moment in our company’s journey. Our phenomenal team is the cornerstone of our success. With this infusion of capital, we’re not only securing the future of our organization but also demonstrating our commitment to nurturing and retaining exceptional talent. This funding will propel us into a new era of growth, enabling us to explore innovative opportunities, expand our market presence, and deliver even greater value to our customers. We are grateful for the trust and confidence Wavecrest has shown in our vision, and we’re excited to embark on this exciting journey together.”

Vaibhav Nalwaya, co-founder and Managing Partner at Wavecrest, said, “We have been really impressed by Cardata’s strong growth and stellar team. Michael and Sheret’s vision to build a vehicle management platform, along with the company’s strong fundamentals and substantial market opportunity, has led us to support them in this next chapter of expansion. We are excited to partner with the team to help them continue to innovate and fuel growth.”

“Cardata offers companies a tax-efficient way to reimburse employees who use their own car for work, unlocking real savings to companies and employees,” noted Eric Emmons, Managing Partner at MassMutual Ventures. “We’ve been impressed with the company’s ability to provide value to its long-standing clients and vision for a more integrated platform.”

Raymond James & Associates served as exclusive financial advisor to Cardata in connection with this transaction. Stikeman Elliott acted as legal advisors to Cardata, while Goodwin Procter and Cassels served as advisors to the new investors.

ABOUT CARDATA
Cardata provides cost-effective and accurate ways to reimburse drivers for using their personal vehicles for work, with IRS-compliant programs like Fixed and Variable Rate (“FAVR”) and Tax Free Car Allowance (“TFCA”).

Visit our website, Cardata.co. Follow us on LinkedIn, Twitter, and YouTube.

ABOUT WAVECREST GROWTH PARTNERS
Wavecrest Growth Partners is a growth equity firm focused on investing in and partnering with leading B2B software and technology-enabled services companies based in both North America and Western Europe. Wavecrest targets investments in high-growth companies with proven products and business models and brings to bear a differentiated combination of investing and operating experience and networks to help accelerate growth and profitability. Wavecrest’s team has over five decades of collective investing and operating experience in growth-stage B2B technology companies, including numerous successful outcomes. For more information, visit www.wavecrestgrowth.com.

ABOUT MASSMUTUAL VENTURES
MassMutual Ventures (MMV) is a multistage global venture capital firm with teams based in Boston, Singapore, and London, managing over $1 billion in investment capital. MMV helps accelerate the growth of the companies it partners with by providing capital, connections, and advice. With its deep expertise and extensive Fortune 500 network, MMV helps entrepreneurs build compelling and scalable companies of value. For more information, visit www.massmutualventures.com.

Contact:
Divash Basnet
6477100100
[email protected]

SOURCE Cardata


Notation Labs, Inc. Completes $2.5 Million Financing Round

Notation Labs completes funding to support initial production of the QWEL device designed to avoid costly damage caused by water leaks and conserve water.

PHOENIX and SCOTTSDALE, Ariz., Sept. 28, 2023 — Notation Labs, Inc., a technology company focused on the development and distribution of automated leak detection and prevention, is pleased to announce that it has obtained funding for the production of a suite of products, which are designed to work with the QWEL consumer app.

Management believes the combination of an intuitive user interface and leak prevention device, utilizing proprietary cloud-based analytics software, will bring tremendous value to the residential and commercial real estate markets as well as insurance providers.

About Notation Labs, Inc.:

Notation Labs, Inc. is a technology-driven company built around next-generation home automation and water efficiency devices. The Company’s primary products are expected to help conserve water and assist homeowners in supporting environmental sustainability. The Company markets its products through its website www.qwel.io to customers, including plumbing wholesale distributors and dealers throughout the United States. Notation Labs, Inc. began operations in 2020 and is headquartered in Scottsdale, Arizona.

Connect with Us:
Please visit www.notationlabs.io to learn more and sign up for updates.

Forward-Looking Statement: The statements in this press release regarding any implied or perceived benefits from the release by Notation Labs, Inc. are forward-looking statements. Such statements involve risks and uncertainties, including, but not limited to, risks of the key strategic sales and distribution partners ability to sell our product, and effects of legal and administrative proceedings and governmental regulation, especially in a foreign country, future financial and operational results, competition, general economic conditions, and the ability to manage and continue growth.

Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual outcomes may vary materially from those indicated. Important factors that could cause actual results to differ materially from the forward-looking statements we make in this news release include the introduction of new technology, market conditions, and those set forth in reports or documents we file from time to time with the SEC. We undertake no obligation to revise or update such statements to reflect current events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. There is no guarantee that any specific outcome will be achieved. Past performance is not indicative of future results.

SOURCE Notation Labs, Inc.


Lumi Secures Seed Round Funding to Revolutionize Disposable Packaging Industry with the LumiCup

Lightest Disposable & Endlessly Recyclable Aluminum Cup Offers Superior Alternative to Single-Use Plastic Cups

LOS ANGELES, Sept. 28, 2023 — Lumi, an innovative newcomer in the food and beverage packaging sector with a mission to combat the global surge in single-use plastics, announced today that it successfully closed its seed round of funding. Proceeds from its oversubscribed round will enable Lumi to fully launch production of the LumiCup, the lightest disposable and endlessly recyclable aluminum cup on the market. Initial investors include Innovent Group, LLC, Hydra Group, LLC and Responsibly Fund, LP.

With shipments to hospitality, entertainment and travel & leisure consumers beginning in early 2024, the LumiCup is poised to disrupt the beverage packaging landscape with a truly environmentally conscious product available in 9 oz., 12 oz. and 16 oz. cup sizes, serving a wide variety of cold beverages. Its cutting-edge design will make the LumiCup the most lightweight alternative to single-use plastic cups on the market, while also accommodating standard-size lids. Many of the world’s largest hospitality enterprises like hotels, airlines, festivals and specialty beverage chains rely on single-use plastic cups for lightweight convenience, affordability, and stackability. Lumi is garnering significant attention for the LumiCup product line because it is the best alternative for customers seeking the same benefits while eliminating single-use plastic and gaining full curbside recyclability.

Lumi will also soon introduce the first infinitely recyclable 2oz. ramekin called the “LumiKin,” designed to replace single-use plastic ramekins with a superior alternative to hold sauces, dressings and garnishes. All of these products allow consumers to be Conscious Without Compromise.

“We started Lumi in 2021 with a singular vision: to challenge the status quo in disposable beverage packaging and offer the world an eco-friendly, high-performance alternative to wasteful plastic cups,” said Kevin Diamond, Co-Founder and Chief Executive Officer of Lumi. “Today’s announcement is a testament to our persistence, years of meticulous design engineering, and the confidence of our investors. With 10 million tons of single-use plastic waste coming from the 500 billion plastic cups sold globally every year, there is a loud and urgent call for the change we’re starting. As we gear up, we’re delighted to introduce LumiCups to a world that’s been waiting for genuine sustainability in food and beverage packaging.”

Investor Responsibly Fund, LP expressed their confidence in Lumi’s market potential. “We’re excited to back this remarkable team, and the massive problem they are attacking with single-use containers we currently see in the market,” said Zécca Lehn, General Partner, Responsibly Fund, LP. LumiCups have demonstrated true sustainability from both a materials and carbon footprint perspective. Aluminum recycling uses just 5% of the energy required for primary milling, and is infinitely recyclable – nearly 75% of all aluminum ever produced is still in use today.

Funds from Lumi’s seed round will:

  • Expand Marketing and Sales: Increasing brand visibility and scaling customer acquisition efforts.
  • Build Inventory: Ramping output to fulfill large orders.
  • Enhance Product Development: Developing additional beverage package options.

About Lumi and the LumiCup
Lumi is revolutionizing the disposable beverage packaging industry with its groundbreaking product, the LumiCup – the lightest disposable and endlessly recyclable aluminum cup on the market. Founded in 2021 with a vision to combat the global surge in single-use plastic, Lumi’s innovative beverage solution offers a superior alternative to plastic cups. Rigorous R&D and design engineering led to a product that outperforms plastic and plastic-lined paper cups while delivering true materials and carbon footprint sustainability. With the planet enduring a staggering 10M tons of annual waste from single-use plastic cups, sophisticated and lustrous LumiCups are an easy and environmentally conscious choice in 9 oz., 12 oz. and 16 oz. sizes. Beginning in early 2024, LumiCups will be served at a variety of hospitality, travel and entertainment venues. Please visit www.lumicup.com for location details. Lumi and its LumiCups represent a first wave of genuine progress towards sustainable food and beverage packaging. Join the movement online at lumicup.com and @thelumicup on Instagram. For more information, please contact LumiCup at [email protected].

MEDIA CONTACTS
Kat Johnson
[email protected]  
(404) 683-2333

Kara Prior
[email protected]  

SOURCE Lumi


PROMPT AI RAISES $5 MILLION IN SEED FUNDING TO REVOLUTIONIZE COMPUTER VISION

SAN FRANCISCO, Sept. 28, 2023 — Prompt AI, a startup harnessing the power of large language models to democratize access to computer vision, raised $5 million in seed funding, led by prominent investors AIX Ventures and Abstract Ventures. The funding round also saw participation from several renowned angel investors.

Prompt AI is increasing access to computer vision technology by empowering individuals and organizations to harness the potential of large language models. Until now, visual AI has been dominated by researchers at elite universities and large corporations, limiting its accessibility to the general public. Prompt AI seeks to put an end to this disparity and open up the world of visual AI to anyone with a camera and a question to answer.

“People are not getting the most out of their photos and videos. We want to bring AI tools out of the university and into the hands of the public. Our vision is to unlock the potential of computer vision for everyone, and this funding will be instrumental in achieving that goal,” said Tete Xiao, CEO and Co-Founder of Prompt AI. “Prompt coaxes out deeper meaning from your visual data, helping you get deep, immediate info from the world around you. Prompt will be your new photo whisperer.”

Prompt AI’s platform can empower a broad range of users to gain actionable knowledge from the vast mountains of images and videos they encounter daily. Individuals with home security cameras can easily build a personalized system to receive real-time alerts, such as wildlife appearances, package deliveries or guest arrivals. The platform enables users to ask questions about these occurrences, transforming visual data into valuable insights.

For enterprises and governmental organizations with vast amounts of satellite images, Prompt AI’s platform allows them to create a searchable database. Natural language queries, such as “What homes were affected by the flood?” or “How many ships are located near the West coast of the United States?” can now be answered swiftly and accurately.

Among the company’s co-founders are Xiao and Trevor Darrell, who holds the position of President. Xiao holds a Ph.D. in Computer Science from UC Berkeley. His extensive research background spans computer vision, robotics and machine learning, including notable work on the Segment Anything Model in collaboration with Facebook AI Research (FAIR).

Darrell serves on the faculty of the Electrical Engineering and Computer Sciences Department at UC Berkeley. As the founder and co-leader of Berkeley Artificial Intelligence Research (BAIR) lab, he has contributed significantly to advancing the frontiers of computer vision and is a pioneer in the field of AI research. He has also played an integral role in various AI initiatives in collaboration with industry giants like Facebook, Google, Microsoft, and Amazon. Darrell also played a critical role in the development of the Caffe deep learning library at UC Berkeley, one of the world’s first deep-learning frameworks.

“Prompt AI’s platform will empower individuals and organizations to leverage their photos in new ways that they have never considered. By 2030, it’s expected that more than two trillion images will be taken each year.  New tools are needed to help make sense of all this data.” AIX Ventures Investment Partner Pieter Abbeel said. “An AI revolution is coming for visual data like the one that just occurred for language, and Prompt AI is going to be a key player.”

About Prompt AI:

Prompt AI is a pioneering AI startup that aims to democratize access to computer vision technology. Its platform allows users to turn visual data into a searchable database, empowering them to prototype visual AI solutions and share their workflows with the wider community. The company’s mission is to revolutionize the perception of visual data, enabling individuals and organizations to transform it into actionable knowledge. Learn more at promptai.co.

SOURCE Prompt AI


Ace Global Business Acquisition Limited Announces Additional Contribution to Trust Account to Extend Period to Consummate Business Combination

NEW YORK, Sept. 28, 2023 — Ace Global Business Acquisition Limited (NASDAQ: ACBA) (the “Company”), a special purpose acquisition company, announced today that Ace Global Investment Limited, the Company’s initial public offering sponsor (the “Sponsor”), has deposited into the Company’s trust account (the “Trust Account”) an aggregate of $98,858.95 representing, approximately $0.05 per ordinary share, in order to extend the period of time the Company has to complete a business combination for an additional one (1) month period, from October 9, 2023 to November 8, 2023. The Company issued a promissory note to the Sponsor with a principal amount equal to the amount deposited. The promissory note bears no interest and is convertible into the Company’s units (with each unit consisting of one ordinary share, and one warrant to purchase one ordinary share) at a price of $10.00 per unit at the closing of a business combination by the Company. The purpose of the extension is to provide time for the Company to complete a business combination.

About Ace Global Business Acquisition Limited

Ace Global Business Acquisition Limited is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more business entities.

Forward-Looking Statements

This press release may includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that involve risks and uncertainties. Forward looking statements are statements that are not historical facts. Such forward-looking statements, including the successful consummation of the Company’s business combination, are subject to risks and uncertainties, which could cause actual results to differ from the forward-looking statements. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors detailed in the Company’s filings with the Securities and Exchange Commission (“SEC”). The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.

SOURCE Ace Global Business Acquisition Limited


Hydrexia Completes New Round of Private Equity Financing

SHANGHAI, Sept. 28, 2023 — Hydrexia Holding Limited (“Hydrexia”), a leading integrated hydrogen technology solution provider in China, announced today that it has completed its Series D of private equity financing.  This series is led by Qingdao Ocean Investment Group (“QOIG”) and joined by previous rounds investors SB China Venture Capital, Yixing Environment Science & Technology Fund, MY Tsinghua Capital, and others.

With the conclusion of the Series D financing, Hydrexia has completed a total of four rounds of private equity financing in the past 7 years, during which it has evolved to become a technology and market front runner in the hydrogen industry in China, offering innovative and breakthrough products and solutions across the industry value chain. 

“We are very happy to have won the confidence of investors in our business.  Their financial support will facilitate us to further travel along the technological path of our journey to continued success,” said Alex Fang, the chairman and CEO of Hydrexia.  “With the favorable policy and business environment globally, the hydrogen energy market presents huge business opportunities ahead.  We believe the raised capital will enable us to enhance our R&D and product delivery capabilities to better serve the needs of our customers,” Fang continued. 

“We have chosen to invest in Hydrexia because of its demonstrated solid technology leadership and proven business execution capabilities,” said Shuzhi Liu, the chairman of the board of QOIG.  “Hydrexia team has performed extremely well in response to the rising needs of the hydrogen industry to quickly capture business opportunities,” he added.

With its strong technology capability, Hydrexia continues to solidify its market leadership with a focus on alleviating the bottlenecks of the hydrogen industry.  Hydrexia believes it has become the first company in the industry to have commercialized its breakthrough magnesium-based solid-state technology for hydrogen storage and transportation.  

About Hydrexia

Hydrexia Holding Limited is a leading integrated hydrogen technology solution provider in China with global reach. The company specializes in providing technology solutions for hydrogen production, storage, transportation, and utilization.  Leveraging its solid R&D capabilities and innovative technology, Hydrexia aims to effectively address the technology and application needs across the global hydrogen industry value chain.

SOURCE Hydrexia


Retainers For Life Expands Operations to Canada Following Pilot Success

SAN ANTONIO, Sept. 28, 2023 — Retainers For Life (RFL) announced today it will be expanding its operations in Canada, following record-breaking adoption during the company’s Canadian pilot program.

Retainers For Life, the orthodontic company modernizing retention, allows orthodontists to more easily capture lost revenue with their unique Smile Protection program. With the program, practices can offer patients wholesale pricing on retainers, in exchange for a one-time membership fee.

“Nearly every patient needs a replacement retainer at some point post-treatment,” shared orthodontist and RFL Founder, Dr. Amy Jackson. “But so few patients come back into the office for that replacement. Not only does this mean the practice misses out on additional revenue, but it means the patient’s clinical progress is halted as well.”

Dr. Jackson experienced this challenge in her practice first-hand, which inspired her to start offering an in-house retention program. “Running a program like this on your own is easy… year one. But year three? It’s an administrative nightmare, and a massive headache.” Dr. Jackson shared. Feeling that frustration led her to start Retainers For Life.

The company grew rapidly, being adopted by practices across the United States, and resulted in Canadian practices requesting to participate.

“When I first heard about this program, I couldn’t help but be intrigued.” says Dr. Ron Wolk who practices in Abbotsford, BC, and participated in the pilot. “It’s been a true win-win-win situation, for our patient, our staff, and everyone’s schedules. I wholeheartedly recommend them!”

“We had a feeling the Canadian market would be quick to adopt this program,” shared Retainers For Life Chief Operations Officer Lorraine Porto. “But the enthusiasm in which they’ve done so, and the impact as a result, has been incredible.”  

The company will officially begin their expansion into Canada at the upcoming CAO (Canadian Association of Orthodontists) event at the end of September, where they anticipate a continuation of the momentum they experienced with the pilot program.

“I’ve been in offices in 6 different states the last few months,” shared Retainers for Life’s Head of Integrations, Victoria Schoenherr. “The energy and excitement from our customers is amazing. It’s so cool to see staff who may have been hesitant at the start of the program singing its praises after seeing the results. I can’t wait to see the same across Canada!”

About Retainers For Life:

Retainers For Life is revolutionizing the orthodontic industry with its shared revenue model and commitment to providing exceptional value to patients and doctors alike. With rapid growth, innovative communication tools, and a global expansion strategy, RFL is at the forefront of orthodontic retention solutions.

Media Contact:
Lorraine Porto
(215) 287-8850
[email protected]

SOURCE Retainers For Life