VideaHealth raises $20M for AI-enabled dental care
2 min read
AI-enabled dental care startup VideaHealth scooped up $20 million in a Sequence A funding spherical led by Spark Money.
The round bundled participation from current traders Zetta Undertaking Partners and Pillar VC, bringing the firm’s whole raise to $26.4 million.
WHAT IT DOES
VideaHealth provides AI-backed applications to dental treatment providers and insurers, which include follow management, claims evaluation and diagnostics equipment.
Its Videa Detect application, which aims to obtain and talk dental diseases to companies centered on X-rays, has not been cleared by the Fda nonetheless, but the startup explained it expects the inexperienced gentle in the coming months.
“We are on the cusp of revolutionizing the dental field, which is evidenced by the caliber of investment associates like Spark Capital and our sector partnerships with the world’s greatest dental providers and distributors,” VideaHealth CEO and founder Florian Hillen explained in a statement.
“Our know-how is the pathway to a much-desired process of standardized treatment. Our entire mission is to help as quite a few dental tactics as feasible leverage the ability of AI to greater provide their communities and give patients access to additional very affordable and proper dental treatment plans.”
Marketplace SNAPSHOT
A further company touting AI-powered dental care and observe management is Overjet, which declared a $42.5 million Sequence B funding spherical in December months just after it experienced scored $27 million in Sequence A funding.
A main participant in the digital dental wellbeing space, quip can make connected-care solutions like toothbrushes, floss, toothpaste and gum. The firm scooped up a whopping $100 million in Collection B funding last 12 months.
Making use of AI for imaging is also rising for other areas in healthcare. Yesterday, AI-driven radiology enterprise Aidoc declared it had scored Food and drug administration 510(k) clearance for its instrument for flagging and triaging cases of pneumothorax, or a collapsed lung, on X-rays.
Qure.ai, a different startup in the house, obtained the regulatory environmentally friendly mild previously this year for an algorithm that can evaluate the place of breathing tubes employing upper body X-rays.
