Bento, a Boston, MA-based dental insurance startup, raised $8.1m in Series A funding.
The round, which brought the total capital raised to date to $19m, was led by Schooner Capital with participation from York IE Capital and existing investor Companyon Ventures.
The company will use the capital to advance its app and expand a nationwide sales effort.
Led by Ram Sudireddy, Founder and CEO, Bento provides a technology-powered platform that connects consumers, employers and associations with dentists and dental service organizations, to deliver oral benefits without the need for complex traditional insurance processes and overhead.
The patented AI-powered platform is currently utilized by approximately 100,000 dentists in the country and has 360,000 access points nationwide.
The company, which also has offices in Miami, FL, has received wide recognition across the dental industry earning endorsements from the American Dental Association, Florida Dental Association, Georgia Dental Association, Tennessee Dental Association, and Texas Dental Association among others.
FinSMEs
26/07/2022