Wisdom Raises $28M to Boost AI Dental Revenue Platform Growth
AI in income cycle administration has change into prime of thoughts throughout the healthcare business, however in terms of the dental market, dentists are missing the fashionable instruments utilized by their medical counterparts. That’s the issue that AI-powered dental RCM platform, Knowledge, is on a mission to unravel. The corporate introduced as we speak the profitable completion of its $21M Collection A capital increase led by Everlasting Capital Ventures (PCV), a enterprise capital agency that companions with founders to construct go-to-market engines for enterprise scale. Aquiline, a personal funding agency specializing in monetary providers and know-how, joined the spherical, alongside present investor and Co-Founder, Juxtapose, a number one creation-oriented funding agency. Juxtapose adopted their current $7M Seed funding, reaffirming the agency’s dedication to Knowledge’s continued development and innovation. This funding brings Knowledge’s whole capital raised to $28M since its founding in 2023.
The overwhelming majority of impartial practices and small dental teams in America wrestle with the executive burden of working a worthwhile enterprise, leaving over $20 billion of earned income uncollected regardless of spending billions of {dollars} on salaries for in-house income administration. Knowledge, which has already collected tons of of hundreds of thousands of {dollars} for its purchasers and saved them as much as 50% of assortment prices, takes a extremely differentiated method to administrative workflows by bringing AI brokers and human specialists collectively to maximise income collections, predictability, transparency and affected person satisfaction, thereby releasing dentists and their workers to give attention to delivering excellent affected person care.
Since its inception, Knowledge has quickly expanded by combining superior, proprietary AI-driven know-how with US-based billing specialists. This distinctive method has propelled Knowledge to attain distinctive consumer satisfaction, underscored by a persistently excessive Web Promoter Rating of 73 and powerful natural development. Over 50% of Knowledge’s signed offers nonetheless come via referrals. Knowledge was awarded High Dental Billing Firm by Healthcare Enterprise Evaluate earlier this 12 months and was named a 2025 Dental Innovator Award winner by DentalIQ for its AI-assisted dental billing service.
Knowledge is led by CEO Stoyan Kenderov, an completed technologist, product chief and government with over 25 years of success constructing new merchandise and reworking organizations into customer-obsessed groups that drive development and profitability, most not too long ago as COO of enterprise funds platform Plastiq. Previous to his time at Plastiq, Stoyan held senior management roles at LendingClub, Intuit, Quicken, and lots of different worldwide know-how firms. Stoyan is joined by Knowledge Co-Founder and Chief Dental Billing Officer Ashley Bond, who beforehand based and led the award-winning nationwide billing service, Bond Dental Billing.
“We’re thrilled to companion with PCV and Aquiline as we proceed our mission to remodel dental billing and income administration,” mentioned Kenderov. “Their proactive method and experience in constructing scalable enterprises align completely with our imaginative and prescient to considerably improve monetary outcomes and operational effectivity for dental practices.”
PCV’s funding in Knowledge displays the agency’s technique of supporting progressive startups poised for transformational development. “Knowledge has created a powerful observe file by uniquely integrating AI applied sciences with deep business experience,” mentioned Mike Gamson, Co-Founder and Managing Companion at Everlasting Capital Ventures. “We see immense potential of their skill to scale and redefine income administration options within the dental sector and past.”
Aquiline has a historical past of constructing scaled income cycle administration companies, and this funding in Knowledge marks the agency’s second funding supporting the dental business. “Whereas we proceed to see important innovation throughout dental, the market is full of level options and customarily lacks trendy, end-to-end platforms, particularly throughout the rev cycle course of,” mentioned Dante La Ruffa, Companion at Aquiline. “We consider that Stoyan and his crew are reimagining the way forward for dentistry, beginning with the important thing ache factors which have traditionally inhibited dentists from maximizing their time with sufferers.”
This funding will allow Knowledge to additional improve its know-how platform, speed up market enlargement, and proceed constructing out its distinctive crew to raised serve dental places of work of all sizes – from personal practices to multi-location dental teams throughout the nation.
“The chance to make use of know-how to assist dentists construct and run their companies extra successfully is immense. Stoyan and his crew have moved shortly however thoughtfully to construct an answer which actually strikes the needle for dentists whereas preserving the worth of human experience,” mentioned Andy Stein, Companion at Juxtapose.
For extra details about Knowledge and its progressive dental billing options, please go to withwisdom.com.
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