SmileDirectClub, Inc.
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- David Katzman
- Full Time Employees
- 2,700
- Sector
- Healthcare
- Industry
- Medical - Instruments & Supplies
- Address
- 414 Union Street Nashville TN United States of America 37219
- IPO Date
- Sep 12, 2019
- CIK
- 0001775625
- Website
- smiledirectclub.com
- Similar Companies
- Business
- SmileDirectClub, Inc. is a tele-dentistry company primarily engaged in providing direct-to-consumer clear aligners for teeth straightening through its proprietary AI-powered platform. The company offers a range of orthodontic products and services including custom clear dental aligners, remote dental consultations, treatment planning, and follow-up care. In addition to aligners, SmileDirectClub developed and marketed oral care products such as electric toothbrushes, teeth whitening kits, toothpaste variants, water flossers, and ultrasonic UV cleaners, which were available through major retailers such as Walmart and its own website. Its core business model centers on leveraging telehealth technology to deliver affordable orthodontic treatment without frequent in-person visits, targeting consumers seeking convenient, at-home teeth alignment solutions. SmileDirectClub operated a network of SmileShop locations across the United States and select international markets for in-person scans and customer service. The company was founded in 2014 and headquartered in Nashville, Tennessee. However, SmileDirectClub ceased operations in late 2023 following financial difficulties and operational challenges. Recent major developments include the acquisition of SmileDirectClub's technology assets and patents by SmileSet, which integrated the former’s technology into its broader orthodontic care offerings. This transition marked a significant strategic shift in the business, effectively ending SmileDirectClub's standalone brand and operations. Prior to its closure, SmileDirectClub had pursued expansions into retail oral care products and sought to capture higher-income segments through premium clear aligner offerings and an expanded partner dentist network. The company had also implemented operational restructuring and "right-sizing" initiatives in 2022 to improve profitability with a target set for 2024. Despite these efforts, regulatory and financial pressures culminated in the shutdown, with ongoing customer refund settlements managed by legal authorities. SmileDirectClub's legacy includes pioneering mass-market telehealth orthodontics and transforming access to dental care technology globally. Its operations spanned primarily the United States, with efforts to expand in international markets such as the UK and Ireland through partnerships like those with Thérapie Clinic. The company targeted direct consumers seeking affordable, convenient orthodontic solutions and also collaborated with professional dental practices to supplement its telehealth models. The business served a wide range of customer demographics, focusing on democratizing access to orthodontic care by reducing traditional cost and accessibility barriers. The company experienced rapid growth until economic headwinds and operational challenges impacted its financial sustainability. In summary, SmileDirectClub, Inc. was a disruptive tele-dentistry company specializing in clear aligners and oral care products through digital and retail channels, founded in 2014 and headquartered in Nashville, Tennessee. It underwent major strategic and operational changes ending in its shutdown in late 2023, with its innovative technology and assets acquired by SmileSet for continued use in the dental care sector.
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