Toothio, a digital staffing marketplace for the dental industry, has secured $5 million in additional funding led by NVP Capital and Craft Ventures, with contributions from Rho Capital, Marketplace Capital, and other investors. The new funds will support Toothio’s expansion into key markets, including Chicago, Los Angeles, San Jose, Portland, and Seattle, among others.
Addressing a critical labor shortage, Toothio’s platform connects dental offices with qualified dental hygienists, assistants, and office staff. Since COVID-19, staffing challenges have intensified, with 95% of dentists struggling to recruit and retain skilled professionals. Toothio’s marketplace is filling this gap by matching over 30,000 vetted professionals with practices nationwide, achieving a 97% fill rate for open shifts.
“Staffing shortages in dental care remain a substantial barrier,” said Vaughn Crowe, Managing Partner at NVP Capital. “Toothio’s growth and innovative staffing solution align with our commitment to improving access to care. We look forward to their continued success in reshaping dental staffing.”
Toothio’s platform, which has experienced 300% year-over-year growth, has added 15,000 professionals in 2024 alone, reinforcing its position as a leading staffing solution for the dental sector.
