Wisdom Secures $28M to Enhance AI Dental Billing Platform

August 22, 2025
Wisdom, an AI-powered dental revenue cycle management platform, has raised $28 million to boost product innovation and growth, announced in a press release.

Wisdom, an AI-powered dental revenue cycle management platform, has successfully raised $28 million to accelerate product innovation and capitalize on its rapid growth. This funding round was led by Permanent Capital Ventures, with participation from Aquiline and existing investor Juxtapose, as announced in a press release.

The funds will be used to enhance Wisdom's technology platform, expand its market reach, and continue building its team to better serve dental practices across the United States. Wisdom's unique approach combines AI-driven technology with US-based billing experts, which has already helped clients collect hundreds of millions of dollars and save up to 50% on collection costs.

CEO Stoyan Kenderov expressed enthusiasm about the partnership with Permanent Capital Ventures and Aquiline, highlighting their expertise in building scalable enterprises. The investment reflects a strategic move to redefine revenue management solutions in the dental sector, addressing the administrative burdens faced by many dental practices.

We hope you enjoyed this article.

Consider subscribing to one of our newsletters like AI Funding Brief, Life AI Weekly or Daily AI Brief.

Also, consider following us on social media:

AI Funding News Healthcare & Life Sciences AI AI Brief AI Brief (X)

More from: Funding

08/22
Crusoe Aims for $10 Billion Valuation with New Funding Round
08/22
Definite Secures $10 Million Seed Funding for AI-Native Data Platform
08/22
Blackstone Expands Financing for Aligned Data Centers to Over $1 Billion
08/22
Anthropic in Talks to Raise $10 Billion in New Funding Round
08/22
OpenAI Seeks Court Order for Meta's Involvement in Musk's Takeover Bid

More from: Life Sciences

08/22
RADPAIR Partners with AdvaHealth for AI-Enhanced Radiology Reporting
08/22
PayerWatch Introduces AI-Assisted Appeals in Veracity Platform
08/21
Twin Health Secures $53M to Expand AI Digital Twin for Metabolic Health
08/21
Artera Achieves FedRAMP High 'In Process' Status for Federal Agencies
08/21
Ginkgo Bioworks Partners with Inductive Bio and Tangible Scientific for AI-Driven Drug Discovery

Subscribe to AI Funding Brief

AI Token Webinar

Whitepaper

Governing the Future: A Strategic Framework for AI Adoption in Financial Institutions

This whitepaper explores the transformative impact of artificial intelligence on the financial industry, focusing on the governance challenges and regulatory demands faced by banks. It provides a strategic framework for AI adoption, emphasizing the importance of a unified AI approach to streamline compliance and reduce operational costs. The document offers actionable insights and expert recommendations for banks with fewer than 2,000 employees to become leaders in compliant, customer-centric AI.

Read more

You May Also Like