OraQ AI, a Calgary, Canada-based healthtech startup that provides an AI-driven clinical decision support platform for dental practices, has secured $2.6 million CAD in seed funding.
Investors
The round was led by AngelMD and supported by groups like the Centre for Aging + Brain Health Innovation, Startup TNT, and private investors.
Based in Denver, Colorado, AngelMD is a healthcare-focused investing platform that connects healthcare startups from around the world with investors, physicians, industry executives, and private capital to create a more efficient path from investment to exit while reducing investment risks and achieving better outcomes.
OraQ AI Use of Funds
The funds will fuel OraQ’s growth and support its mission to deliver standardized, evidence-based patient care while enhancing practice management and revenue opportunities for dentists. The company aims to expand across North America, focusing on small dental offices.
About OraQ AI
Founded in 2021 by Dr. Amreesh Khanna, Dr. Mike Parchewsky, and Wayne Madhlangobe, OraQ offers a clinical decision support system that uses AI to analyze patient records. The platform provides risk assessments to help dentists make informed decisions and improve patient outcomes. It focuses on seven key areas: medical risk, sleep disorders, gum health, bite and jaw issues, cracks and teeth, cavity profiles, and esthetics. OraQ’s mission is to empower forward-thinking dental professionals to make the best decisions for their patients and practices.
Funding Details
Company: OraQ AI Inc.
Raised: $2.6M CAD
Round: Seed Round
Funding Date: November 2024
Lead Investor: AngelMD
Additional Investors: Centre for Aging + Brain Health Innovation, Startup TNT, Private investors
Comany Website: https://www.oraq.ai/
Software Category: AI Dental and Patient Engagement
Source: https://betakit.com/dentists-helping-dentists-clinician-founded-oraq-secures-2-6-million-to-help-assess-patient-risk-with-ai/