What You Should Know:
– Pearl, the undisputed leader in dental artificial intelligence (AI) raises $58M in Series B funding led by Left Lane Capital with participation from key players like Craft Ventures and Neotribe Ventures.
- This funding marks the largest investment ever in dental AI. With this significant investment, Pearl is poised to empower dental professionals to continually elevate the standard of care.
Revolutionizing Diagnostics: AI Assists Dentists for Better Patient Care
Founded in 2019 by a team with decades of experience developing successful, enterprise-grade computer vision solutions, Pearl introduced the first-ever FDA-cleared AI capable of reading and instantly identifying diseases in dental X-rays. Pearl’s mission is clear: elevate patient care in dentistry through cutting-edge AI technology. Their machine learning and computer vision tools address a fundamental challenge – inconsistency in diagnoses due to human error. Pearl’s AI acts as a real-time assistant, aiding dentists in interpreting X-rays with:
- Consistency: Delivering objective and accurate diagnoses, reducing variations in interpretations.
- Clarity: Empowering dentists to communicate findings to patients with precision and ease.
Building on Success: Global Expansion and Innovation
Pearl’s achievements are impressive. They hold the distinction of securing the first-ever FDA clearance for AI software in X-ray analysis. Their clinical AI is now authorized for use in over 120 countries, with recognition from esteemed publications like TIME Magazine.
The Future of Dental AI: Beyond X-rays
This recent funding fuels Pearl’s vision for the future. They plan to:
- Expand AI capabilities: Advance computer vision to detect and track dental issues in 3D and other imaging modalities.
- Introduce new AI tools: Develop AI solutions to enhance treatment planning, streamline insurance claim approvals, and revolutionize dental education.
A Seamless & Patient-Centric Approach
Pearl’s AI technology prioritizes a less invasive approach to dental diagnostics. Their software offers:
- Accurate disease detection: Early identification of issues for better treatment outcomes.
- Patient-friendly visualizations: Easy-to-understand clinical findings that facilitate informed decision-making.
This innovative approach enhances the overall dental experience by:
- Boosting efficiency: Streamlining radiologic exams for improved workflows.
- Promoting patient education: Empowering patients to actively participate in their dental health journey.
Market Domination and Continued Growth
Pearl boasts a remarkable 458% revenue surge in 2023, solidifying their position as the only dental AI company with a global presence. Their technology is:
- Commercially available: Used by over 500,000 dental practices and millions of professionals worldwide.
- Integrated with industry leaders: Incorporated into popular imaging and practice management systems.
- Preferred choice: Selected as the go-to radiologic AI provider for leading dental technology distributors.
“In the field of healthcare, dentistry has become an AI standard-bearer, demonstrating the technology’s enormous utility and benefit in day-to-day patient care––and Pearl has led the AI charge in dentistry,” said Ophir Tanz, founder and CEO of Pearl. “This historic funding round underscores the impact of Pearl’s capabilities and supports our belief that high-quality, AI-powered dental care should be accessible to everyone. With this investment, Pearl will continue to push the envelope, providing pioneering machine learning to improve oral health outcomes and strengthen trust between the patient and dental professionals.”