I N S T I T U T I O N A L   R O U N D   ·   M M X X V I

A holding company for emerging-market dentistry.

KingDental Holdings is raising $23–35M across three entities — VOE, MOE, and the parent — open in parallel. Each market is its own cap table; the parent owns the standard, the brand, and the network effects.

T H E   R A I S E
$23–35M
Combined target
3 entities
Raising in parallel
$82–90M
Holdings pre-money
Q3 '26
First-close target
T H E   T H E S I S

Three reasons this compounds.

Modern dentistry is a deflationary technology in a market priced on inflation. Two billion people now sit inside the affordability gap. We're building the platform that closes it — country by country, on one operating standard.

M A R K E T

The middle two billion.

Vietnam, Mexico, Indonesia, Egypt, Philippines, Türkiye — markets with 15–40M middle-class adults each who can afford modern care but lack a top-tier digital provider. Underwriting target: $1.8K average case revenue at 28%+ clinic EBITDA at maturity.

M O D E L

Country-level operating entities.

Each market is a wholly-owned regional entity (VOE, MOE, …) with its own cap table, leadership, and capital plan. The parent owns standards, brand, and the global advisory network. Capital that stays in-country until steady-state.

M O A T

One standard, every chair.

Every clinic runs the same digital workflow — intraoral scan, CBCT, chairside mill — on the same hardware, audited to the same bar. Clinician training is the bottleneck; the parent solves it once and the network compounds it.

R O U N D   S T R U C T U R E

Three rounds. Open in parallel.

All three entities are raising simultaneously. Each regional entity raises against its own milestones; the parent rolls them up. Investors can participate at the parent level (cross-market exposure) or at the entity level (single-market exposure with operator alignment) — or both.

S T A G E
E N T I T Y
S I Z E   ·   P R E
L E A D   T I C K E T
W I N D O W
01
VOE Series SeedVietnam Operating Entity · HCMC, Hà Nội, Đà Nẵng corridor.
$5–8Mon $22M pre
$1.5Mlead minimum
Open · first close Q3 '26
02
MOE Series SeedMexico Operating Entity · KDM-CB (cross-border) + KDM-DP (domestic platform).
$8–12Mon $40M pre
$3Mlead minimum
Open · first close Q4 '26
03
Holdings Series AParent-level cross-market exposure. Standards, brand, global advisors, IP & licensing revenue.
$10–15Mon $82–90M pre
$5Mlead minimum
Open · first close Q1 '27
U S E   O F   F U N D S

Built into chairs, not overhead.

Composite allocation across both regional Seed rounds. Every dollar lands as either a chair, a clinician, or the workflow that ties them to the standard. Parent-level OpEx is intentionally lean.

B L E N D E D   A L L O C A T I O N   ·   $15M base case
Clinic build-out & equipmentBuild-out, chairs, IOS / CBCT / chairside mill across 8 clinics in Year 1–2 (5 VN, 3 MX).
42%
Clinician recruiting & trainingLocal recruiting, KingDental Academy curriculum, certification pipeline. Domestic + diaspora clinicians.
22%
Patient acquisitionBrand, performance, aggregator partnerships (MX cross-border line). Diaspora referral programs.
16%
Working capital12 months of operating runway per entity. Held at entity level. Audited quarterly to the parent.
12%
Holdings OpExLean parent — founder, ops standards, IT & data layer, legal & compliance, global advisor program.
8%
M I L E S T O N E S   ·   post-close

What this round buys.

M + 6
VOE clinic #1 doors open. HCMC flagship. Full digital workflow live. First 200 cases booked.
M + 12
VOE 3-city corridor live. HCMC + Hà Nội + Đà Nẵng. Clinician cohort #2 in residency.
M + 18
MOE first close + KDM-CB beachhead. Tijuana corridor live with two US-aggregator partnerships.
M + 24
VOE clinic-level EBITDA positive. 8 clinics live. KingDental Academy graduating cohort #3.
M + 36
Holdings Series A. 15+ clinics. Two markets at steady-state. Third entity (Indonesia or Egypt) due-diligenced.
D E A L   T E R M S

Clean structure. Operator-aligned.

Priced rounds at the entity level. SAFEs reserved only for parent-level bridge tickets < $500K. Standard preferred terms with one non-standard: regional entities reinvest profits into their own market before flowing to the parent.

I N S T R U M E N T
Series Seed Preferred
NVCA-style preferred at the entity level · 1× non-participating liquidation · broad-based weighted-average anti-dilution
P R E - M O N E Y
$22M VOE · $40M MOE
Holdings pre at $82–90M on Series A path · parent owns 100% pre-Seed of each entity
B O A R D   S E A T
1 lead + 1 observer
Lead investor receives one board seat per entity they lead · observer seat available to material co-investors
P R O - R A T A
Full through Series B
Major-investor pro-rata at $500K minimum check · super-pro-rata available for lead investor through Series A
C A P I T A L   T H A T   S T A Y S
Reinvest-first covenant
Entity-level profits reinvest into that market until clinic-count target · documented · signature term, non-negotiable
A U D I T   &   R E P O R T I N G
Quarterly per-entity
Big-4 audit at the parent · per-entity unaudited quarterly + annual audited financials · data room kept live
D U E   D I L I G E N C E   S T A R T S   H E R E

Proof, not promises.

Every claim below is labelled by status — verified, in motion, or a locked target. Nothing is dressed up as more than it is.

AI live in production

Ginny AI receptionist and concierge deployed commercially in the Bahamas and the Dominican Republic. Vietnam is a redeployment, not an R&D bet.

VERIFIED
production deployments · dashboard demo on request

Payments ready

KardOne integration built years ago. Plug-and-play at launch — no payments engineering on the critical path.

VERIFIED
existing KardOne integration · live walkthrough on request

Market mapped: 1,335 practitioners

Solo practitioners identified by name and location around industrial zones in every province of Vietnam. A proprietary database, not a market-size estimate.

VERIFIED
proprietary database · reviewed under NDA in the data room

OEM partnership

Active negotiation with a leading scanner OEM, built on a deep multi-year relationship. Exclusivity is tied to a multi-thousand-scanner commitment. A second manufacturer is in parallel conversation as a backup. Structure and terms are disclosed to qualified investors.

IN MOTION
full terms in the investor data room

Pilot sites named

First 50 clinics: Bình Dương. Next 50: Đà Nẵng. Then every major industrial-zone province.

TARGET
deployment sequence and clinic composition in the data room

Scale goal

Minimum 5,000 scanners deployed across Vietnam and Mexico within three years, converting solo practitioners into the KingDental network.

TARGET
rollout model and unit economics in the data room
1,335
Practitioners mapped
2
Countries · AI already live
5,000
Scanners · 3 years · VN + MX
Request data-room access  →

Full evidence — OEM terms, deployment plans, and the practitioner database — is available to qualified investors under NDA.

Statuses are updated as milestones close. Items marked "in motion" or "target" are plans, not completed facts — we label them that way on purpose.

D A T A   R O O M

Everything diligence needs.

The data room is live and segmented by entity. Access is granted on signed NDA within 24 hours. Six sections, refreshed weekly through first-close.

0 1   ·   C O R P O R A T E

Cap tables & structure.

Holdings + VOE + MOE cap tables, formation docs, IP assignments, founder vesting schedules, board composition.

14 documents · last refresh M + 0 days
0 2   ·   F I N A N C I A L

Model & unit economics.

5-year model by entity, unit economics by clinic type, comparable benchmarks, sensitivity tables on chair utilization & case mix.

9 documents · last refresh M + 2 days
0 3   ·   M A R K E T

Country-level diligence.

Vietnam & Mexico market sizing, payer-mix studies, regulatory memos, dental-tourism aggregator deep-dives, competitive maps.

11 documents · last refresh M + 5 days
0 4   ·   O P E R A T I N G

Standard & playbook.

Clinic operating manual, hardware standard, KingDental Academy curriculum, audit checklist, clinician contract templates.

8 documents · last refresh M + 7 days
0 5   ·   L E G A L

Regulatory & compliance.

VN & MX licensure path, malpractice framework, cross-border patient terms (KDM-CB), data & privacy memos (HIPAA-equivalent stance).

12 documents · last refresh M + 3 days
0 6   ·   T E A M

Founder & advisors.

Founder bio, advisory board roster (US Diaspora · VN · MX), key hires planned for next 12 months, references on request.

6 documents · last refresh M + 1 day
N E X T   S T E P

Sixty minutes.
The founder walks the model.

Bring your sharpest diligence questions. We'll send a one-page teaser ahead of time and the full data room within 24 hours of a signed NDA.

Email tue@kingdental.ai  →