Onsite Dental, the national leader of employer-based dental care backed by Norwest Venture Partners, today completed its acquisition of the venture-backed mobile dental firm, HENRY The Dentist (HENRY). The acquisition adds HENRY’s complementary delivery models, branding and marketing expertise, client and prospect lists, and east coast presence to Onsite Dental’s long standing leadership position. To date, Onsite Dental has raised close to $60M in funding and anticipates raising additional funds for further expansion soon.
The first napkin version of HENRY was created in 2016 by founders Justin Joffe and his wife Alexandria Ketcheson. Neither is a clinician, in fact, this is their first business venture into the healthcare space. Their dental director is a dentist.
A year after the napkin version, their vision became a reality and the first mobile dental practice opened. In 2018, they launched two more mobile dental practices. On February 4th, 2019, they opened their first brick-and-mortar practice. The practice is open to the public and is available for any patients seen in the mobile practices that may need further treatments.
Prior to the COVID-19 pandemic, both Onsite Dental and HENRY were doubling their annual revenues and the combined company mirrors the same growth rate now as the pandemic caused a sharp uptick in health-conscious behaviors including increased attention to oral health. Addressing this new attitude towards dental care, a $140B market, Onsite Dental continues to prioritize making dentistry more accessible. As more employers, universities, unions and residential complexes provide their people with private onsite health services, Onsite Dental continues on its path of accelerated growth.
The first napkin version of HENRY was created in 2016 by founders Justin Joffe and his wife Alexandria Ketcheson. Neither is a clinician, in fact, this is their first business venture into the healthcare space. Their dental director is a dentist.
A year after the napkin version, their vision became a reality and the first mobile dental practice opened. In 2018, they launched two more mobile dental practices. On February 4th, 2019, they opened their first brick-and-mortar practice. The practice is open to the public and is available for any patients seen in the mobile practices that may need further treatments.
Prior to the COVID-19 pandemic, both Onsite Dental and HENRY were doubling their annual revenues and the combined company mirrors the same growth rate now as the pandemic caused a sharp uptick in health-conscious behaviors including increased attention to oral health. Addressing this new attitude towards dental care, a $140B market, Onsite Dental continues to prioritize making dentistry more accessible. As more employers, universities, unions and residential complexes provide their people with private onsite health services, Onsite Dental continues on its path of accelerated growth.
China announces five leading cities in developing int'l consumption centers
China's Ministry of Commerce (MOC) announced on Monday that, with the approval of the State Council, Shanghai, Beijing, Guangzhou, Tianjin and Chongqing will take the lead in developing international consumption center cities.
The move is a major strategic decision made by the Communist Party of China Central Committee and the State Council, and will play a significant role in serving the establishment of the new development paradigm, Commerce Minister Wang Wentao said at a meeting.
It is also significant for the country's high-quality growth, he noted.
Over the years, consumption has become a key driving force of the world's second largest economy amid its broader economic transformation.
China's consumption further recovered in the first half of this year, with its retail sales of consumer goods totaling 21.2 trillion yuan (3.28 trillion U.S. dollars), up 23 percent year on year, official data shows.
For the 14th Five-Year Plan period (2021-2025), China is expected to become the world's largest goods consumption market, the Hainan-based China Institute for Reform and Development forecast in a research report.（Xinhua）
China's Ministry of Commerce (MOC) announced on Monday that, with the approval of the State Council, Shanghai, Beijing, Guangzhou, Tianjin and Chongqing will take the lead in developing international consumption center cities.
The move is a major strategic decision made by the Communist Party of China Central Committee and the State Council, and will play a significant role in serving the establishment of the new development paradigm, Commerce Minister Wang Wentao said at a meeting.
It is also significant for the country's high-quality growth, he noted.
Over the years, consumption has become a key driving force of the world's second largest economy amid its broader economic transformation.
China's consumption further recovered in the first half of this year, with its retail sales of consumer goods totaling 21.2 trillion yuan (3.28 trillion U.S. dollars), up 23 percent year on year, official data shows.
For the 14th Five-Year Plan period (2021-2025), China is expected to become the world's largest goods consumption market, the Hainan-based China Institute for Reform and Development forecast in a research report.（Xinhua）
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