Dental AI company Pearl raised $58 million in series B funding, marking the largest ever investment in dental AI technology.
With the increase in funds, Pearl plans to create more AI products, grow its regulatory and patent portfolio, and expand global access to dental AI, according to a July 24 news release.
Pearl's FDA-cleared chairside technology helps dental professionals detect oral pathologies and conditions in X-rays. The company's technology has received regulatory authorization for chairside use in 120 countries.
The company saw a 458% increase to its revenue in 2023 and its technology is available to more than 500,000 dental practices across the globe.
Overjet, another dental AI company, raised $53.2 million in a series C round of fundraising in March, the previous record.
The funding round was led by Left Lane Capital, with participation from Smash Capital, Alpha Partners, and existing investors, Craft Ventures and Neotribe Ventures, the release said.