JOOVENCE (Founders Program Alumni) raises 1,7M€ to initiate its development abroad

Founded in STATION F in 2018, the company announced 1,7M€ raise led by Newfund and LO Capital, with the support of 5 orthodontists.

JOOVENCE, an Alumni startup from STATION F’s Founders Program, is aiming to help people get the smile they always wanted for an affordable price. Founded in 2018 by Nathan Carmel and David Dela Cruz, the company democratizes access to adult orthodontics by offering treatments that are 50% less expensive and require 80% fewer office visits.

The team recently announced a 1,7M€ raise led by Newfund and LO Capital, with the support of 5 orthodontists. With this fundraising, JOOVENCE is aiming to strengthen its leading position in France, but also initiate its development abroad in countries such as Belgium, Spain and Italy. The team also wants to double its size (currently 11 people) to continue the innovation of its products and services.

“This round of financing will enable JOOVENCE to take a new step forward. There is the international market, but also innovations, thanks to the development of our proprietary platform, which we want to bring to orthodontists and patients. It's a great opportunity and motivation to be able to work on a product that disrupts a market”, says Nathan Carmel, Founder of JOOVENCE.