First Principles Capital (FPC), an investment firm focused on partnering with founder-led businesses, announced a strategic investment into Logic Tech Corporation, a Canadian dental practice management software leader. And Logic Tech has been a driving force in the dental industry for over 30 years, with its innovative software solutions, including the Paradigm Clinical platform, trusted by over 1,000 practices across Canada.
This partnership will aim to accelerate Logic Tech’s growth and further expand its product and service offerings in key markets while continuing to provide critical solutions to dentists across Canada.
In connection with this partnership, Jeel Shah has joined as Head of Product to help scale and support Logic Tech’s business. Jeel brings experience in leading engineering teams & managing product suites in B2B software. And in his new role, Jeel will focus on further developing Logic Tech’s product offerings, supporting the team to continue to build innovative solutions for its clients, and remain a leader in the dental practice management space.
First Principles Capital’s investment in Logic Tech emphasizes its commitment to partnering with founder-led companies that lead their respective industries. FPC combines capital with strategic support to empower founders to grow their businesses and achieve long-term success.
KEY QUOTES:
“We are thrilled to partner with Logic Tech Corporation at such a pivotal time in their growth journey. Our investment reflects our confidence in their vision, their products, and the exceptional team led by a pioneer in the field, Kenneth Li. After serving the Canadian dental market for over 30 years, we believe Logic Tech has the potential to continue to disrupt the market and deliver value to its clients. Together, we will continue to drive innovation and be a leader in providing end-to-end dental software solutions to the industry.”
-Harry Selvarajan, Managing Partner of First Principles Capital
“We are excited to partner with First Principles Capital. Their long-term vision & understanding of business fundamentals align well with our goals. This partnership will allow us to scale faster, enhance our product suite, and ultimately continue to look for ways to better serve our customers in the evolving dental market. We look forward to the opportunities ahead and are confident that this partnership will bring great value to our business and stakeholders.”
-Kenneth Li, founder of Logic Tech
