Dental-tech startup Overjet raises $27 mn in Series A funding round

Overjet, the global leader in dental artificial intelligence (AI), announced it has raised $27 million in Series A financing led by General Catalyst and Insight Partners with participation from existing investors that include Crosslink Capital and the MIT-affiliated E14 Fund.

“Overjet is on a mission to improve oral healthcare for all,” said Dr. Wardah Inam, CEO and Co-founder of Overjet. “This ambitious vision pushed us to find world-class investors with a depth of experience supporting the scaling of high-growth technology companies.”

“Overjet improves patient care by automating much of the clinical review process with AI and by helping clinicians increase diagnostic quality, consistency, and speed,” said Chris Bischoff, Managing Director of General Catalyst. “At General Catalyst, we are excited to partner with Wardah Inam and the entire Overjet team as they deliver on the vision of health assurance in dentistry – creating a win for patients, as well as insurers and clinicians.”

“Guardian Life continues to be committed to facilitating the best oral health care possible for our members,” said Dr Randi S. Tillman, Chief Dental Officer, at Guardian Life. “By partnering with Overjet, we are able to leverage AI technology to improve the consistency of our dental claim review process while ensuring that we are able to make decisions based on the most precise clinical data.”

“The rapid pace of customer adoption for Overjet’s software is a testament to its product differentiation and the market pull for powerful, rapidly improving AI technology in dentistry,” said Lonne Jaffe, Managing Director of Insight Partners. “As Overjet scales up, more and more dental payers and providers will get the chance to appreciate the predictive accuracy of its software and the caliber of its team. Overjet is on a mission to solve the most challenging problems in dentistry, which can positively impact millions of patients.”

“Tens of millions of Americans already have their dental claims processing streamlined and accelerated by Overjet today,” said Shaju Puthussery, Chief Operating Officer of Overjet. “With the recent FDA clearance and new funding, more Americans will see Overjet’s dental AI technology assisting their dentists at the next check-up. We’re committed to helping clinicians deliver the best patient care.”

+ posts

HrNxt.com Newsdesk has researchers and writers with an excellent domain knowledge about the talent ecosystem, and the business environment. The team keeps a tab on the latest happenings in the ecosystem to bring most relevant news and insights for our readers. You can connect with our newsdesk at newsdesk@hrnxt.com.

What's your take on this post ? Comment: