Archy, a company specializing in cloud-based automation software for dental practices, has secured $15 million in Series A funding.
The investment, led by Entrée Capital, will support the further development of Archy's platform, which integrates artificial intelligence (AI) to enhance operational efficiency in dental practices.
The dental industry is currently facing challenges such as a staffing shortage and declining insurance reimbursements. Archy's cloud-based solution addresses these challenges by offering AI-driven automation tools for essential functions and eliminating the need for on-site servers.
The platform also provides seamless scalability and enhances security, ensuring that dental practices can easily adapt to changing needs and protect sensitive patient data.
The investment from Entrée Capital reflects the growing recognition of the need for innovation in the dental sector. Archy's platform, designed by dentists for dentists, aims to streamline every aspect of dental practice management and prioritize patient care.
The recent funding brings Archy's total funding to $27 million, and the company is collaborating with several hundred dental practices across the United States. This widespread adoption of Archy's platform demonstrates its value and effectiveness in improving dental practice operations.