What is OrthoBanc?
Founded in 2001 and headquartered in Hixson, Tennessee, OrthoBanc specializes in comprehensive payment management for dental and orthodontic offices. The company handles the complete lifecycle of office payment plans, including credit card processing, customer follow-up, credit bureau reporting, and collections. This enterprise-level funding indicates a mature company focused on scaling its operations and expanding its service offerings within the healthcare payments sector.
How much funding has OrthoBanc raised?
OrthoBanc has raised a total of $1M across 1 funding round:
Debt
$1M
Debt (2020): $1M with participation from PPP
Key Investors in OrthoBanc
PPP
Public-Private Partnership
What's next for OrthoBanc?
With a substantial total funding amount and a recent major strategic investment, OrthoBanc is well-positioned for continued expansion. The company's focus on streamlining payment processes for dental and orthodontic practices suggests potential for further technological innovation and market penetration. Future developments may include enhanced collection strategies, expanded reporting capabilities, and deeper integration with practice management software, solidifying its role as a critical financial partner for dental professionals.
See full OrthoBanc company page