France-based Dental Monitoring, a provider of artificial intelligence solutions in dentistry and orthodontics, announced it raised €45 million from leading growth investor Vitruvian Partners to accelerate its global expansion.
“At Dental Monitoring, we believe that the dental ecosystem can greatly benefit from our technology,” said Dental Monitoring CEO Philippe Salah. “We are proud to partner with Vitruvian, as their deep industry expertise and international, growth-driven approach will help us achieve our shared ambition of making Dental Monitoring accessible to all dental stakeholders: patients, doctors, manufacturers, institutions and insurance companies across the world.”
Dental Monitoring was one of the first companies to recognize how artificial intelligence could transform the dental professional and to build a sophisticated AI platform protected by more than 80 patents.
Dental Monitoring has made it their mission to help dental professionals offer better care and more convenience with tools that patients are excited to use. For example, 73% of millennials would like their doctor to give them an app to manage their care 1 and 70% of baby boomers are excited about the potential of artificial intelligence to allow doctors to focus on their health 2. All of Dental Monitoring’s solutions are app or cloud-based and it allows dental professionals to assess and monitor dental conditions including orthdontics, in-practice, or remotely.
Photo: Dental Monitoring
Dental Monitoring’s aim is to increase the level of care through the use of sophisticated assessment tools to augment patient engagement through facilitated communication and increase both patient convenience and practice efficiency.
With this funding round, Dental Monitoring will use the funds to accelerate its development in the U.S. and Asia and to strengthen its offering for the global market of general dentists with sophisticated AI-driven solutions.
“Dental Monitoring is a truly disruptive AI-powered oral care solution, and has shown remarkable performance in substantially growing its user base and executing on an exciting product roadmap for the overall dentistry market,” added Vitruvian Partners partner Torsten Winkler.
“We are excited to partner with Philippe and his team and provide all the support we can to enable Dental Monitoring to achieve global leadership in AI-based services in dental care.”
Last year, Dental Monitoring partnered with esthetic dentistry company Straumann Group to expand its reach to dentists around the world. The Straumann Group is going to launch three new additional products developed by Dental Monitoring at the IDS event in Cologne including a new ScanBox to accurately and easily capture intraoral pictures from monitored patients, a solution to produce an instant and and automatic pre-assessment of patients’ oral conditions, and a solution to generate photo realistic simulations of the patient’s smile during and after treatment.
Dental Monitoring currently operates in the United States, Europe, and Asia. And the company employs a team of about 150 employees across 4 offices in Paris, Austin, Hong Kong, and Sydney.