GET A PIECE OF TRIAGENICS
Imagine Eliminating Wisdom Teeth Extractions with a Non-Surgical Procedure!
$1,473,173.71 Raised
REASONS TO INVEST
TriAgenics has developed a solution to a significant problem in the dental industry. Our Zero3 TBA technology offers a minimally invasive, high-precision procedure that is designed to eliminate the need for wisdom teeth removal and the associated pain, cost, and recovery time.
Total U.S. expenditures associated with extracting wisdom teeth and treating wisdom tooth problems are estimated to be more than $3 billion per year. We have calculated our Total Addressable Market (TAM) to be greater than $2.5 billion annually for Zero3 TBA products.*
We have previously raised more than $7.5 million in capital, including Series A1 and A2 preferred stock offerings. TriAgenics has established a solid IP position that includes 13 U.S. patents and a growing number of international patents in Australia, Canada, and Mexico. Our founder is an experienced dentist who has successfully launched 3 startups, which are still in operation today. Our Zero3 TBA technology has grabbed the attention of many oral surgeons and pediatric specialists.
*Information from The National Oral Health Conference (Source)
The Total Addressable Market (TAM) calculations were done by TriAgenics based on publicly available data.
the pitch
TriAgenics has developed Zero3 TBA, a minimally invasive dental procedure designed for children ages 6-12 in order to prevent wisdom teeth from ever forming. All R&D is completed with 100% success in preventing tooth formation in animal studies. We are now preparing to apply for FDA 510(k) clearance. Assuming we receive clearance, we then plan to conduct human clinical trials in order to have specific safety data to present before going to market. Our goal is to enter the dental market with first sales in 2024. We have previously raised $7.5 million in capital and have established a solid IP position, including 13 U.S. patents and a growing number of international patents. Our founder is an experienced dentist who has successfully launched 3 startups in the past. Zero3 TBA technology has already garnered interest from oral surgeons and pediatric specialists.
Overview
TriAgenics' Zero3 TBA Technology Offers Surgery-Free Prevention of Wisdom Teeth
TriAgenics has developed a technology called Zero3 TBA that has the potential to revolutionize how the dental industry treats wisdom teeth. Zero3 TBA is a minimally invasive procedure designed for kids ages 6-12 in order to prevent wisdom teeth from ever forming. Zero3 TBA will be quick and is expected to have no significant recovery time or significant complications. With a 100% success rate in animal trials, TriAgenics is working to obtain FDA clearance. Assuming that TriAgenics receives clearance, we then plan to conduct human clinical trials in order to have specific safety data to present before going to market. Our goal is to enter the market with first sales in 2024. Our business model is similar to Align Technology’s clear braces. Licensed dentists will send TriAgenics their patients’ x-rays and prescription for Zero3 TBA treatment. TriAgenics will then fabricate custom 3TBA guides and sell them to dentists for an estimated $350 per tooth bud treated.
THE PROBLEM & OUR SOLUTION
Eliminating Wisdom Teeth With Zero3 TBA Technology
Patients underestimate recovery time after having all wisdom teeth extracted. On average, patients miss 2.5 days of work or school because the surgical procedure is highly invasive. When wisdom teeth are allowed to form, they are the most likely teeth to be impacted. This makes them prone to trapping food and bacteria, leading to repeated, expensive treatment later in life. More than 5 million patients in the U.S. spend over $3 billion annually on wisdom teeth extractions or treatments, and more than 80% of all wisdom teeth eventually need to be removed. Zero3 TBA has the potential to prevent the pain, cost, and recovery time associated with wisdom teeth extractions (Source | Source).
We believe Zero3 TBA will deliver better lifelong outcomes for the patient. This minimally invasive treatment is designed to prevent wisdom teeth from ever forming and it is expected to eliminate common complications following wisdom teeth extraction. The treatment takes just 60-90 seconds per tooth bud treated, with the overall procedure estimated at 30 minutes start to finish to treat four tooth buds on one child, and is designed to be easy for dentists to deliver.
the market & Our Traction
A $2.5 Billion Market Opportunity With Our Advanced Technology
We estimate the total addressable market for TriAgenics’ Zero3 TBA products to be more than $2.5 billion annually. U.S. consumers spend more than $3 billion every year for wisdom tooth extractions and treatment of secondary problems caused by wisdom teeth (Source). More than 80% of wisdom teeth are impacted or do not erupt normally, causing significant dental infections and pain (Source). More than 80% of all wisdom teeth will need to be removed.
We believe TriAgenics is on the brink of revolutionizing dental health with our Zero3 TBA technology. We aim to become the new standard of care for managing wisdom teeth within 10 years of our introduction. Zero3 TBA is a high-precision, minimally invasive procedure designed to eliminate the common complications associated with having wisdom teeth extracted, providing a safer and more effective alternative for kids and parents alike. The fully guided ablation cycle takes just 60 to 90 seconds per tooth bud treated (with the overall procedure estimated at 30 minutes start to finish for four tooth buds) and is designed to be easy for dentists to deliver. Zero3 TBA will be quick and is expected to have no significant recovery time or significant complications. Our founder is an experienced dentist who has successfully launched three startups in the past. We have received positive reactions from dentists, with oral surgeons and pediatric specialists contacting us to learn more about Zero3 TBA.
Why Invest
Disrupting the Wisdom Tooth Extraction Market
Invest in disrupting the wisdom tooth extraction market, where the total addressable market is estimated to be more than $2.5 billion annually. With 93% of all teenagers forming at least one wisdom tooth and over 80% of all wisdom teeth needing to be extracted, the demand for wisdom tooth extractions is significant (Source). Our technology provides an alternative solution for the 5 million patients who spend over $3 billion annually for wisdom tooth extractions and treatment of wisdom tooth problems.
Join us as we work to revolutionize the dental industry and prevent wisdom teeth from ever forming.
ABOUT
HEADQUARTERS
525 SW Umatilla Ave, Suite 102
Redmond, OR 97756
WEBSITE
View Site
TriAgenics is demonstrating the efficacy of our Zero3 Tooth Bud Ablation (TBA) product. We are pre-revenue and have completed pre-production prototype development. We are now scaling manufacturing of our Zero3 TBA product in preparation for applying to the FDA for premarket clearance.
TEAM
Leigh Colby
President, CEO, Corporate Secretary, and Director
David Paul Watson
Director & Chief of Operations
John Joseph Chopack Jr
Board Member
Prior to joining Neoss, John was a Principal and founding partner of Inspiros Ventures. John managed the day-to-day operations of Inspiros and was responsible for investment origination, portfolio company management, and investor relations. Johnhas 20 years of experience in private equity/venture capital investing in medtech companies. As a General Partner at HealthpointCapital, a $800 million AUM medtech-focused private equity firm, John played an integral role in the firm’s most profitable investments – Nexa Orthopedics, BioHorizons, and Blue Belt Technologies. These investments brought significant advances to the healthcare field and provided top quartile returns to investors.
Prior to his career in venture capital, John was an orthopedic sales representative for Wright Medical and Encore Orthopedics. Following his experience as an orthopedic sales representative, John worked on Wall Street with Investec and Techvest as a medtech analyst.
John has been recognized as a “40 under 40 Medtech Innovator” by Medical Device and Diagnostic Industry Magazine.
John received a BA from Lafayette College and an MBA from Fordham University Gabelli School of Business.
Jeffrey Miles Jacobs
Board Member
David Scott Thrower
Board Member
George Shahin
Board Member
TERMS
TriAgenics
Overview
PRICE PER SHARE
$3
DEADLINE
Oct 10, 2023
VALUATION
$33.87M
FUNDING GOAL
$15k - $4M
Breakdown
MIN INVESTMENT
$300
MAX INVESTMENT
$4,000,002
MIN NUMBER OF SHARES OFFERED
5,000
MAX NUMBER OF SHARES OFFERED
1,333,334
OFFERING TYPE
Equity
ASSET TYPE
Preferred Stock
SHARES OFFERED
Series A-3 Preferred Stock
Maximum Number of Shares Offered subject to adjustment for bonus shares
*Maximum Number of Shares Offered subject to adjustment for bonus shares. See Bonus info below.
Investment Incentives and Bonuses*
Time-Based:
Friends and Family Early Birds - Invest $25,000+ within the first 72 hours and receive 10% bonus shares
Early Bird Bonus - Invest $1,000 within the first two weeks and receive 5% bonus shares
Amount-Based:
$25,000+ | Tier 1 - Invest $25,000+ and receive 5% Bonus Shares.
$100,000+ | Tier 2 - Invest $100,000+ and receive 10% Bonus Shares.
Loyalty Bonus:
Existing shareholders of TriAgenics who have expressed interest in making an additional investment in this round and authorized TriAgenics to give their contact information to StartEngine will receive 10% bonus shares.
*In order to receive perks from an investment, one must submit a single investment in the same offering that meets the minimum perk requirement. Bonus shares from perks will not be granted if an investor submits multiple investments that, when combined, meet the perk requirement. All perks occur when the offering is completed.
The 10% StartEngine Owners' Bonus
TriAgenics, Inc. will offer 10% additional bonus shares for all investments committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.
This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 100 shares of Series A-3 Preferred Stock at $3.00 / share, you will receive 110 Series A-3 Preferred Stock shares, meaning you'll own 110 shares for $300. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.
This 10% Bonus is only valid during the investor's eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are canceled or fail.
Investors will receive the highest single bonus they are eligible for among the time-based and amount-based bonuses. Eligible investors will also receive the Owner’s Bonus and Loyalty Bonus in addition to the aforementioned bonus.
Irregular Use of Proceeds
The Company will not incur any irregular use of proceeds.
NEW UPDATES
09.21.23
Even Celebs and Superheroes have Wisdom Teeth Woes
Can you imagine being a busy celebrity and then having wisdom teeth spoil your day? This happens more than you might think. Famous actors such as Brad Pitt and Mischa Barton have posted recent videos that show them recovering after wisdom teeth surgery.
Without TriAgenics' Zero3 TBA, not even superheroes can avoid the trauma of wisdom tooth extraction. Actor Tom Holland (AKA Spiderman) is a great example. His YouTube post is just one of many celebrity videos that show fans how disruptive wisdom tooth surgery can be.
TriAgenics’ non-surgical, one-minute Zero3 TBA procedure prevents wisdom teeth from ever forming. When this treatment comes to market, we expect to see fewer videos about wisdom tooth extraction because no one will have to grow wisdom teeth or have them pulled. The 3TBA procedure involves a small puncture…nothing more. There are no sutures, no bleeding, no possibility of painful dry sockets, and virtually no risk of infections with our one-minute treatment.
Together we can make this a reality. Let's bring Zero3 TBA to market in 2024. Invest today!
ALL UPDATES
Stack Owner's Bonus & Rewards!
Members get an extra 10% shares in addition to rewards below!
REWARDS
$300
Earn 10% Bonus Shares
Earn 10% bonus shares in this investment and all eligible investments for an entire year. If you are not already an Owners bonus holder, you can join now, for $275, billed annually.
$25,000
Tier 1
Invest $25,000+ and receive 5% Bonus Shares.
$100,000
Tier 2
Invest $100,000+ and receive 10% Bonus Shares.
JOIN THE DISCUSSION
0/2500
Lisa Sanders
4 days ago
Dr. Colby, how does the 3TBA generator fit into TriAgenics future revenue projections? The business model description in the filing focuses solely on a planned $350/tooth bud charge for the 3TBA guides (and disposable handpiece). However, the generator is described in the same filing as the principal component of the system. Are those generators loaned, leased or sold to dental practitioners? Assuming the generators are in the hands of practitioners for an extended period, how are maintenance and calibration of those units addressed over time? Thank you in advance!
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William Reich
5 days ago
Hi
I wondered if there were any potential competitors or studies looking at doing ablation by other means. Ex. Using sonic technology - like that used to get rid of kidney stones.. Thanks!
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Lisa Sanders
6 days ago
Dr. Colby - I’ve watched your video presentations to the Oregon Biosciences Association in 2020 and Central Oregon Pub Talk in 2021. In both of those presentations you forecasted the start of human trials around the end of 2021. The current information on Start Engine indicates that the application to the FDA for permission to conduct human trials is still pending. Would you please elaborate on the reasons for the delay in applying for / starting human trials?
Thank you!
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James Bickel
7 days ago
Thank you, Leigh, for your answer below. I am afraid I was not clear. What seems unique in this case is that the preventative procedure is 10-15 years in advance. So I am wondering why the child's current insurance company would pay for the procedure when it is likely that the "child" (now adult) will be insured by another company when wisdom teeth need to be removed.
In total it seems to make economic sense, but in the US the insurance company paying for the procedure may not be the same one facing the risk of wisdom teeth extraction later.
Am I not thinking about this right?
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James Bickel
7 days ago
I read your reply about insurance coverage for 3BTA. You argued that a single-payer system such as the UK would cover a preventative procedure given their experience. What about in the USA where we don't have single-payer? Would a insurance company such as Delta cover 3BTA for an 8 year old when there is some chance that individual will be on other insurance at the time they would need treatment, 10 years later? Are there any examples of dental insurance companies covering similar long-term preventative procedures? Sealants?
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David Amin
8 days ago
No revenue and a $33M valuation.......what is the upside here ?
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Bennett Cummins
8 days ago
Hello, In your animal studies, did you witness any side effects on the 2nd molars or gums?
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Richard Koch
17 days ago
Howdy,
The "Dr. Bicuspid," article states,
"Once the product is available, dentists will send patients’ x-rays and prescriptions for ablation treatment kits. TriAgenics will fabricate custom kits and send them to clinicians, according to the company."
Is each device tailored to a specific patient? Or, does the system become another tool that is sold for repeated use on any patient (within reason)?
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Leigh Colby
2 months ago
Alan: We believe TriAgenics has a broad IP lock on this market opportunity, similar to what Align Technology had when they entered the market with their Invisalign clear braces. TriAgenics has patents on the 3TBA procedure, the custom disposable 3TBA guides, the means of ablation...every aspect of the 3TBA procedure. We believe we will control the 3TBA market until 2035. Leigh Colby
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James Bickel
3 days ago
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