The Remarkable Journey of the Abivardi Sisters: On Horseback from Iran to Switzerland – and Now to Wall Street
Entrepreneurs Haley and Goly Abivardi are making the leap to the New York Stock Exchange with their dental startup Vvardis. The start was like their lives: marked by intense turbulence.
Haley and Goly Abivardi, founders of dental startup Vvardis, have taken their company public on the New York Stock Exchange. The sisters, who fled Iran with their family after the 1979 Islamic Revolution, studied dentistry in Zurich and previously owned the Swiss Smile dental chain. Vvardis, which offers a caries treatment without drilling, saw its initial public offering struggle, with its stock price falling to $16.50 from a planned $21-24.
The company's valuation was $3 billion, despite reporting a loss of $56 million on $30 million in revenue in 2025.
Written by urgent.news from NZZ Wirtschaft's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
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