DentalMonitoring is the first company in the world to offer an artificially based intelligence solution for remote oral observation. The company’s vision was to help the dental industry automate and virtualise everything outside the clinical side of care. By empowering orthodontists to expand their practice into a virtual environment, DentalMonitoring can analyse, detect and report 130 oral events using images taken from a smartphone. With the use of this technology, virtual consultations and remote treatment monitoring can help to revolutionise dentistry.
CEO and cofounder Philippe Salah founded the company in 2014. Headquartered in Paris, the company now has over 400 employees across 18 countries, including France, the USA, the UK, Hong Kong, and Australia. Focusing on innovation, Dentalmonitoring has become the first dental software company to obtain ‘unicorn’ status, meaning that the company has reached a valuation of $1 billion without being listed on the stock market.
Last year, the company launched their ‘Scanbox Pro’, a portable device that patients can use anywhere at any time to monitor their progress. It is accompanied by an app — ‘DM’ (DentalMonitoring) — a customisable, cloud-based platform for remote clinical monitoring of orthodontic treatments. The app is designed to create a single automated workflow for each patient and to boost practice scalability.
The device consists of two components; a cheek retractor tool to help during scanning, and a phone holder designed to hold a smartphone in place. Through the app, the patient and the orthodontist are constantly connected with weekly photos uploaded onto the app, through which DentalMonitoring can detect potential issues, such as poor oral hygiene. With the aid of ‘Scanbox Pro’ and its unique digital platform, dental professionals can have complete control over streamlined assessments and communication with patients.
The company has raised a total of $232.4 million in funding over 5 rounds. Their latest funding was raised on October 21, 2021, coming from Mérieux Equity Partners with a new investment of $90 million, and Vitruvian Partners — an existing financial investor — who provided $60 million in funds.
CEO Philippe Salah said, “we are proud to be supported by leading international funds. This achievement marks a new milestone for the company and is a testament to the new standard of care our team has brought to the profession. We will continue to deliver even more innovative solutions for dental professionals to help them provide better care and scale their practices.”
The company intends to use the proceeds from this round of funding to invest in its rapid global growth, targeting an increased presence in the US and expanding into new markets such as China and Japan.
Source: DentalMonitoring, Silicon C
