LightSpun has closed a $13 million Series A round led by Brewer Lane, with participation from Virtue, Cambrian, and Industry Ventures, bringing its total capital raised to $18 million.
Dental insurance claims historically take between 15 and 60 days to process, and nearly 20 percent of premium dollars are consumed by administrative overhead. Many practices still rely on paper or fax submissions, resulting in delays that increase costs and limit patient access. LightSpun targets these inefficiencies by offering an AI-driven administration platform designed specifically for dental insurers and providers.
Through intelligent automation, LightSpun’s platform handles claim adjudication, benefits management, and provider onboarding with minimal human intervention. Customers report cutting administrative expenses by half, automatically adjudicating more than 90 percent of routine claims, and reducing provider onboarding times from as long as 60 days to under one week.
Since its rebrand from 32Health, LightSpun has doubled its annual recurring revenue and expanded its roster of payer and dental service organization clients. The platform now manages credentialing for over 175,000 dental providers. A recent collaboration with the American Dental Association introduced AI-driven credentialing tools that streamline the provider onboarding process nationwide.
The new funding will accelerate development of LightSpun’s AI capabilities, grow its engineering and product teams, and simplify the customer onboarding experience. The company also plans to forge additional partnerships with insurers and service organizations to extend these efficiency gains across the dental insurance ecosystem by the end of 2026.
New board members: As part of the financing, Rohan Malhotra of Brewer Lane and Sean Doolan of Virtue have joined LightSpun’s board, signaling strong investor confidence in the company’s mission.
KEY QUOTES:
“Dental insurance runs on infrastructure that most businesses abandoned decades ago. That’s why it’s ripe for automation, and why AI can meaningfully reshape industry economics and the experience for providers and patients. LightSpun stands out not just for its AI platform, but for real traction solving administrative headaches for payers, group practices, DSOs, and the millions who just want faster, transparent, better care.”
Rohan Malhotra, lead investor and General Partner at Brewer Lane
“Outdated technology holds everyone back, from payers to dentists and patients. Every manual step means weeks of delays and wasted cost. Our vision is better patient outcomes at a lower cost, powered by an AI-native health administration platform. We’re grateful for our investors’ support as we tackle the most invisible—and expensive—problem in healthcare.”
LightSpun CEO & co-founder, Shaju Puthussery
