Overjet bites into more funding

Overjet, a company developing dental artificial intelligence software, has raised $42.5m in Series B financing led by General Catalyst and Insight Partners.

The round also saw participation from existing investors Crosslink Capital and the MIT-affiliated E14 Fund in an oversubscribed round.

Following the $27m Series A round just four months ago, Overjet has raised nearly $80m to date.

Overjet’s dental AI technology encodes dentist-level understanding of disease identification and progression into software, supporting dentists to deliver the best patient care and insurers to operate more accurately and efficiently.

On the insurance side, Overjet reported it has emerged as the leading AI company with dental insurers, counting 16 major carriers as customers for coverage of over 73 million Americans. Overjet’s Claim Intelligence Platform supports consistency in dental claims review and improved operating efficiency for insurers.

Dr. Wardah Inam, PhD, CEO and co-founder of Overjet, said, “Overjet’s cutting-edge software has seen incredible demand from clinicians and insurers alike who see our dental AI as a transformational technology to advance patient oral healthcare.

“The new financing will accelerate our next chapter of growth to support our customers, grow the team, and invest in the next generation of technology to support patient care.”

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