Silicon Canals
No Result
View All Result
  • Home
  • News
    • News
    • Startups
    • Scaleups
    • AI and chatbots
    • FinTech
    • Business Wire
    • Travel & Mobility
    • Coin Canals
    • Software & SaaS
    • Event News
    • Health & Medtech
    • (Crowd)funding
    • Blockchain
    • Internet of things
    • Hardware
    • Accelerators
    • E-commerce
    • Cybersecurity
    • Gaming & Virtual Reality
    • Drones
  • Exclusive content
    • Partner content
    • Amsterdam
    • Community partners
    • Remote: Tech Talent Report
    • Guest Contributions
  • Find a job
  • Tech Events
    • Technology Events
    • Event News
    • Submit event
  • Contact
    • Contact us
    • Sign up for our newsletter!
    • Contribute your content
    • Team
    • About us
  • Partner with us
  • Home
  • News
    • News
    • Startups
    • Scaleups
    • AI and chatbots
    • FinTech
    • Business Wire
    • Travel & Mobility
    • Coin Canals
    • Software & SaaS
    • Event News
    • Health & Medtech
    • (Crowd)funding
    • Blockchain
    • Internet of things
    • Hardware
    • Accelerators
    • E-commerce
    • Cybersecurity
    • Gaming & Virtual Reality
    • Drones
  • Exclusive content
    • Partner content
    • Amsterdam
    • Community partners
    • Remote: Tech Talent Report
    • Guest Contributions
  • Find a job
  • Tech Events
    • Technology Events
    • Event News
    • Submit event
  • Contact
    • Contact us
    • Sign up for our newsletter!
    • Contribute your content
    • Team
    • About us
  • Partner with us
No Result
View All Result
Silicon Canals
No Result
View All Result

Meet France’s unicorn: AI-based dental software company DentalMonitoring raises €128.9M

Vishal Singh by Vishal Singh
October 22, 2021
in (Crowd)funding, AI and chatbots, News
DentalMonitoring

Image credit: DentalMonitoring

LinkedInTwitterWhatsAppFacebook
Read this article in:

Paris-based self-monitoring dental treatment company DentalMonitoring announced that it has raised $150M (approx €128.9M) in a fresh round of funding. With this, the company has also achieved the status of a unicorn by attaining a valuation of over $1B (approx €859.6M).

The round was led by Mérieux Equity Partners with a new investment of $90M from and Vitruvian Partners, an existing financial investor who provided $60M in funds.

DentalMonitoring CEO Philippe Salah says, “We are proud to be supported by leading international funds. This achievement marks a new milestone for the company and is a testament to the new standard of care our team has brought to the profession. We will continue to deliver even more innovative solutions for dental professionals to help them provide better care and scale their practices.”

Funds for global growth

The company claims that proceeds from this round will help it to invest in its rapid global growth, targeting an increased presence in the US and expanding into new markets such as China and Japan.

Besides, DentalMonitoring also plans to double the number of employees in the next two years and target relevant acquisitions.

Torsten Winkler of Vitruvian Partners says, “By enabling remote dental care, DentalMonitoring is the biggest disruptor to the field since intraoral scanners in the 1990s and digital imaging in the 1980s. The company is an excellent fit with our investment strategy of backing best-in-class companies benefiting from strong market tailwinds with internationalisation opportunities. Vitruvian renews its confidence to support the increasing needs of the company’s ambitious growth plans.”

“We help dental professionals do more, virtually”

Founded in 2013 by Philippe Salah, DentalMonitoring claims to be the first company to offer an AI-based solution that empowers dentists and orthodontists to expand their practice into a virtual environment.

The company’s proprietary AI was built by processing over half a billion photographs and creating the industry’s largest image database. It can analyse, detect and report 130 oral events using images taken with a smartphone.

DentalMonitoring’s advanced and comprehensive doctor-driven AI solutions allow doctors to detect and monitor oral observations remotely, optimising in-person appointments. 

It provides streamlined assessments and communication from patient lead engagement and conversion, providing treatment options through AI-generated reporting and advanced smile simulations, to remote monitoring of all types of treatments.

DentalMonitoring’s AI also automates messages and instructions sent to patients and practice staff to synchronise the delivery of care. With 400 employees across 18 countries, the company has nine offices including in Paris, Austin, London, Sydney, and Hong Kong.

Earlier this month, DentalMonitoring announced the launch of the ScanBoxpro. It is a  portable device that any patient can take with them for precise AI-powered scans anywhere and anytime.

Tags: Artificial Intelligencefundinghealthtechnews
ShareTweetSendShare

Partner content | Partner with us

Germany’s Sastrify expands market reach; acquires Amsterdam-based Pengu and raises fresh funds

Amsterdam-based startups that are fundraising right now

Founders on Bootstrapping: Insight’s Farzan Najmeddin on when to bootstrap, future of work, and funding

Check out the Amsterdam startups that raised funding in November; 5 of them are hiring

Dutch-Swiss startup Cradle raises €21.9M for pioneering Generative AI in protein design

Silicon Canals | Find a job

Top news | from Amsterdam

Amsterdam’s LAYCO raises €300K to make healthcare more sustainable and accessible

These startups are heading to Slush 2023 as part of the Amsterdam delegation

Amsterdam’s ImpactPilot set to revolutionise customer success through HubSpot integration

Meet the winners of the Amsterdam Science & Innovation Award 2023

Amsterdam’s grocery app Crisp bags €35M from Adriaan Mol, Thomas Plantenga, others 

  • About Silicon Canals
  • Partner with Silicon Canals
  • Impressum
  • Contact us
  • Sign up for our newsletter!
  • Find a job
  • Disclaimer
  • Privacy Policy
  • Cookie Policy (UK)
  • Cookie Policy (EU)
  • Terms & Conditions Silicon Canals

Silicon Canals © 2014-2023 | Design: Bright Idiots. Images: Depositphotos

No Result
View All Result
  • Home
  • News
    • News
    • Startups
    • Scaleups
    • AI and chatbots
    • FinTech
    • Business Wire
    • Travel & Mobility
    • Coin Canals
    • Software & SaaS
    • Event News
    • Health & Medtech
    • (Crowd)funding
    • Blockchain
    • Internet of things
    • Hardware
    • Accelerators
    • E-commerce
    • Cybersecurity
    • Gaming & Virtual Reality
    • Drones
  • Exclusive content
    • Partner content
    • Amsterdam
    • Community partners
    • Remote: Tech Talent Report
    • Guest Contributions
  • Find a job
  • Tech Events
    • Technology Events
    • Event News
    • Submit event
  • Contact
    • Contact us
    • Sign up for our newsletter!
    • Contribute your content
    • Team
    • About us
  • Partner with us

Silicon Canals © 2014-2023 | Design: Bright Idiots. Images: Depositphotos

X
X