Pearl, a Los Angeles, CA-based AI company that provides dental AI solutions, has raised $58 million in Series B funding.
Investors
The round was led by Left Lane Capital, with participation from Smash Capital, Alpha Partners, and existing investors Craft Ventures and Neotribe Ventures.
Founded in 2019, Left Lane Capital is a New York and London-based global venture capital and growth equity firm investing in internet and technology companies with a consumer orientation. Left Lane’s mission is to partner with extraordinary entrepreneurs who create category-defining companies across growth sectors of the economy, including software, healthcare, e-commerce, consumer, fintech, medtech, and other industries.
Pearl Use of Funds
The company will use the funds to develop and enhance its range of dental AI tools, broaden its regulatory and patent portfolio, and increase global access to the transformative benefits of AI in dentistry.
About Pearl
Pearl is an AI-driven company committed to enhancing patient care in dentistry. The company develops state-of-the-art machine learning and computer vision tools designed to address critical challenges in dental diagnostics, particularly the inconsistency in diagnostic accuracy. Founded in 2019, Pearl introduced the first-ever FDA-cleared AI capable of reading and instantly identifying diseases in dental X-rays. Founded in 2019, Pearl’s technology is used in dental practices across six continents and is commercially available to over 500,000 dental practices and millions of dental professionals worldwide.
Funding Details
Company: Pearl, Inc.
Raised: $58.0M
Round: Series B
Funding Month: July 2024
Lead Investors: Left Lane Capital
Additional Investors: Smash Capital, Alpha Partners, Craft Ventures, Neotribe Ventures
Company Website: https://hellopearl.com/
Software Category: Dental AI Solutions
Source: https://www.businesswire.com/news/home/20240724200226/en/