Overjet, a Boston, MA-based dental synthetic intelligence (AI) software program supplier raised $42.5m in Collection B financing, reaching a $425M valuation.
The spherical was led by Normal Catalyst and Perception Companions with participation from current traders Crosslink Capital and the MIT-affiliated E14 Fund.
The corporate, which has raised almost $80m in whole financing so far, intends to make use of the funds to develop operations and its enterprise attain.
Led by Dr. Wardah Inam, PhD, CEO and co-founder, Overjet offers dental AI know-how that encodes dentist-level understanding of illness identification and development into software program, supporting dentists to ship the very best affected person care and insurers to function precisely and effectively. Earlier this 12 months, Overjet secured FDA clearance for its Dental HelpTM product. The corporate is working with each giant dental organizations and single-site clinics to roll out Dental Help. In October, Overjet and New England Household Dentistry introduced a partnership to carry dental AI to the group’s 50 clinic community.
On the insurance coverage facet, Overjet counts 16 main carriers as prospects for protection of over 73 million People.