Just four months after announcing $27 million in Series A funding, Overjet, a company developing dental artificial intelligence software, came forward again with another $42.5 million in Series B financing backed by existing investors.
Prior to the company’s Series A, we profiled them in 2020 when the company raised $7.85 million in funding. The latest funding was led by General Catalyst and Insight Partners and included Crosslink Capital and E14 Fund. Overall, the company has raised just under $80 million in total. Now even more well capitalized, Overjet’s valuation has nearly quadrupled to $425 million, says Wardah Inam, PhD, co-founder and CEO of Overjet.
“We were valued at $115 million at the last round, so this is a substantial increase,” she added. “For a dental company, not many have reached that milestone yet.”
Having just completed a round of funding, Inam told TechCrunch that it was a quick Series B, and though the timing was unexpected, it was the result of much inbound inquiries from inve …
