Overjet Raises $53 Million From Series C Investment Round

Overjet raised $53.2 million from a Series C round of investment to help fund the development of the company’s artificial intelligence tools.

Dental AI provider, Overjet, announced a $53.2 million Series C round of investment led by March Capital, with participation from General Catalyst, Insight Partners, E14 Fund, Crosslink Capital, Spring Rock Capital, Liquid 2 Ventures, and Harmonic Growth Partners, as well as the American Dental Association.

It brings Overjet’s total funding to approximately $133 million, and increases the company’s valuation to $550 million.

This investment will fund the development of Overjet’s AI tools. Its platform has been cleared by the US Food and Drug Administration (FDA) to detect, outline, and quantify instances of oral disease, with millimeter-level precision, according to the company.

“I founded Overjet to elevate the standard of care in dentistry and enhance patient outcomes through AI,” said Wardah Inam, Overjet’s chief executive officer. “Overjet’s platform empowers dental organizations by enabling precise clinical decisions, enhancing patient communication, and reducing administrative overhead. This funding will help us further accelerate our mission to improve patient outcomes — by making dental AI ubiquitous.”

The company serves thousands of dental professionals in both private practices and dental support organizations (DSOs). It also partners with dental insurers that collectively cover more than 120 million members.

The company trains its artificial intelligence on millions of cases, and continually verifies its accuracy with a team of clinical specialists. In FDA studies, most general dentists were found to be more accurate in detecting cavities and calculus when using Overjet, according to the company. Overjet can be used to help dental professionals diagnose, recommend care, review claims, and run their businesses.

“Our platform is already trusted throughout the dental sector,” Inam said. “The next step is to seamlessly connect the process of diagnosing and treating pathologies with the process of reviewing and approving claims. Soon, doctors and patients will be able to get benefits decisions in real time — while insurers will be able to dramatically improve their member experience. The promise of AI is to be a true operating system that lets every dental organization put patients first.”