Virtudent, a Newton, MA-based provider of mobile dental clinics and tele-dentistry services for employers, raised an $8m Series A financing.
The round was led by .406 Ventures with participation from SpringRock Ventures and existing investor The Sparta Group, LLC, the venture office of Desh Deshpande. In conjunction with the funding, Liam Donohue, .406 Venture’s Managing Partner, will be joining Virtudent’s Board of Directors.
The company intends to use the funds to continue scaling its enterprise quality mobile dental care and tele-dentistry services offering, including expansion into new geographies beyond its current New England markets.
Led by Dr. Hitesh Tolani, D.M.D., Founder and CEO, Virtudent is leveraging telehealth technologies and a new scalable delivery model to bring dental care to patients around the country. Virtudent works with employers to bring a full dental clinic and tele-dentistry offering onsite at no cost. A trained dental hygienist operating under the supervision of a dentist brings the basic preventive dental visit right on site using portable kits the size of a suitcase. Standard appointments deliver an advanced cleaning and a comprehensive oral exam, including a full oral health risk assessment to determine the patient’s risk of oral cancer, gum disease, and cavities as well as digital dental x-rays and intraoral photographs, which are reviewed remotely by a team of dentists. After reviewing a patient’s case, Virtudent’s dentist may determine that additional treatment is necessary and will submit a referral. A member of Virtudent’s team will then work with the patient to help find a trusted local dentist that is in-network with their insurance. All dental records are available to the patient’s selected provider to ensure proper continuation of care.
In addition to its commercial activities, through a partnership with Northeast Delta Dental, the company provides tele-dental care to children at the Boys and Girls Clubs of New Hampshire. So far, the program has served 4,200 children.
FinSMEs
10/07/2018