What is Overjet?
Overjet is recognized as the global frontrunner in dental artificial intelligence, dedicated to enhancing patient care for both payers and providers. Established by experts from the Massachusetts Institute of Technology and Harvard School of Dental Medicine, the company boasts a distinguished team of technologists and domain specialists with extensive experience in AI, dentistry, and insurance. Overjet achieved a significant milestone in 2018 by obtaining FDA clearance for its Dental Assist product, marking it as the first dental AI company to receive such approval. The company's AI platform is designed to improve clinical decision-making, streamline workflows, and optimize operational efficiencies within the dental industry.
How much funding has Overjet raised?
Overjet has raised a total of $130.3M across 4 funding rounds:
Angel/Seed
$7.8M
Series A
$27M
Series B
$42.5M
Series C
$53M
Angel/Seed (2020): $7.9M with participation from E14 Fund and Crosslink Capital
Series A (2021): $27M led by General Catalyst, E14 Fund, Insight Partners, and Crosslink Capital
Series B (2021): $42.5M supported by General Catalyst, E14 Fund, Insight Partners, and Crosslink Capital
Series C (2024): $53M featuring General Catalyst, March Capital, E14 Fund, Insight Partners, and Crosslink Capital
Key Investors in Overjet
General Catalyst
General Catalyst is a venture capital firm that supports transformational business opportunities across various sectors and stages, focusing on ambitious visions that reshape industries. They provide strategic capital and operational support to accelerate growth and build enduring enterprises.
E14 Fund
E14 Fund is a venture capital firm affiliated with MIT, investing in early-stage companies founded by MIT-affiliated individuals. They provide capital and resources to help entrepreneurs build innovative solutions and foster a community of forward-thinking innovators.
Insight Partners
Insight Partners is a global venture capital and private equity firm that invests in high-growth technology and software companies. They provide capital and strategic support to help their portfolio companies scale and achieve market leadership.
What's next for Overjet?
With the recent infusion of $53M in major strategic investment, Overjet is poised for accelerated expansion and further development of its AI technologies. This substantial backing, contributing to a total funding of $130.4M, signals a strong market validation and investor confidence in Overjet's vision. The company is expected to leverage this capital to enhance its product offerings, broaden its market reach, and deepen its impact on the dental ecosystem. Future initiatives will likely focus on advancing AI capabilities for diagnostic support, claims processing, and patient engagement, solidifying Overjet's position as a pivotal player in the digital transformation of dentistry.
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