Peerlogic – a leader in AI-powered conversational intelligence – recently announced a significant leap in its growth journey with a successful $5.65 million Series Seed equity fundraising round. Led by AZ-VC, with participation from In Revenue Capital, Cervin Ventures, Singularity Capital, and Revere Partners, the funding will help Peerlogic in its next phase of expansion and in driving forward its mission to revolutionize the dental industry with sophisticated AI technology.
Peerlogic was launched in 2020 to help dental offices leverage custom call data to improve business performance. Powered by AI, the company’s technology platform processes data points captured from human speech to help business owners quickly identify and win back missed opportunities, improve processes, and streamline communications, ultimately generating more revenue.
The new capital will be pivotal in scaling Peerlogic’s impact by expanding innovative product solutions, enhancing the company’s Large Language Model (LLM), and developing advanced call analytics and engagement tools.
Peerlogic is already on an upward trajectory and has experienced over 1,200% growth from 2022 to 2023. It is currently servicing more than 1,000 dental offices in the United States.
KEY QUOTES:
“Peerlogic’s intuitive platform helps dental offices focus on their primary objective of exemplary patient care by unlocking revenue potential, facilitating better communication with customers, and increasing the overall efficiency of their business. We believe the combination of Peerlogic’s leading product and exceptional team has positioned themselves as pioneers in dental technology and primed themselves for category leadership in the industry. AZ-VC is thrilled to partner with Peerlogic, whose business model fits perfectly with the AZ-VC thesis that AI-based vertical SaaS applications are not only the future but are tailor-made for Arizona’s strengths.”
— Ashok Santhanam, Venture Partner at AZ-VC
“This substantial investment from esteemed investors underscores our robust growth strategy and our unwavering commitment to delivering state-of-the-art AI technology. With this funding, we are poised to accelerate our growth, introduce innovative products, and reinforce our leadership in the dental industry.”
— Ryan Miller, CEO and Founder of Peerlogic
