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MIT Scientist Raises $53 Million to Deploy AI for Dentists

Mar 06, 2024 - bloomberg.com
Overjet has secured $53.2 million in a funding round led by March Capital to further develop its AI platform that aids in diagnosing diseases from scans and other data. The platform aims to simplify dental visits for patients and insurers. Other investors in the round included General Catalyst Partners, Insight Partners, MIT’s E14 Fund, and the American Dental Association.

The Series C funding round has increased Overjet's valuation to $550 million. The startup announced this news on Tuesday, highlighting its plans for expansion and development.

Key takeaways:

  • Overjet has raised $53.2 million in funding led by March Capital to develop and expand an AI platform for diagnosing disease from scans and other data.
  • The funding aims to make dental visits easier for patients and insurers by improving diagnosis.
  • General Catalyst Partners, Insight Partners, MIT’s E14 Fund, and the American Dental Association also participated in the financing.
  • The Series C round values Overjet at $550 million.
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