Overjet honored for achievement in pioneering AI-driven dentistry to improve care for millions of patients
NEW YORK and BOSTON, April 7, 2021 /PRNewswire/ -- CB Insights today named Overjet to the fifth annual AI 100 ranking, showcasing the 100 most promising private artificial intelligence companies in the world.
"This is the fifth year CB Insights has recognized the most promising
private artificial intelligence companies with the AI 100, and this is
one of the most global groups we've ever seen. This year's cohort spans
18 industries, and is working on everything from climate risk to
accelerating drug R&D," said CB Insights CEO Anand Sanwal.
"Last year's AI 100 companies had a remarkable run after being named to
the list, with more than 50% going on to raise additional financing
(totaling $5.2B), including 16 $100
million+ mega-rounds. Many also went on to exit via M&A, SPAC or
IPO. As industry after industry adopts AI, we expect this year's class
will see similar levels of interest from investors, acquirers and
customers."
"Overjet's mission is to improve oral health for all," said Dr. Wardah Inam,
PhD, co-founder and CEO of Overjet. "Our industry-leading dental
artificial intelligence empowers dentists and insurance providers to
deliver the best patient care. Overjet's AI software encodes
dentist-level understanding of disease identification and progression
into precise, bias-free, and repeatable tools for better decision
making. We've been thrilled by the fast adoption of AI by the dental
community to support consistency, deliver evidence-based care, and
improve patient outcomes."
"It's an honor to be recognized in the CB Insights AI 100 alongside
such venerable tech leaders and unicorns as insitro, Olive, Recursion
and AI leaders that have developed breakthrough technologies that are
transforming entire industries."
Through an evidence-based approach, the CB Insights research team
selected the AI 100 from a pool of over 6,000 companies based on several
factors including patent activity, investor quality, news sentiment
analysis, proprietary Mosaic scores, market potential, partnerships,
competitive landscape, team strength, and tech novelty. The Mosaic Score,
based on CB Insights' algorithm, measures the overall health and growth
potential of private companies to help predict a company's momentum.
Today's award follows a year of rapid growth for Overjet since the
company came out of stealth in 2020 with the launch of powerful dental
AI software and financing from VCs that included Crosslink Capital and
the MIT-affiliated E14 Fund. Built upon
multiple cutting-edge computational dentistry and AI techniques
pioneered by Overjet over two years of extensive R&D, Overjet's
clinical and claim intelligence platforms are already being used by some
of the largest dental customers in the nation.
Founded by PhDs and leading experts from MIT and the Harvard School of Dental Medicine,
Overjet has assembled the largest and most seasoned team of
technologists and domain experts with deep AI, dental and insurance
experience. Overjet's leadership team includes Dr. Wardah Inam, PhD, CEO and cofounder; Dr. Robert Faiella, DDS, chief dental officer and former president of the American Dental Association; Deepak Ramaswamy, PhD, CTO and former Amazon executive; Dr. Chris Balaban, DMD, clinical director; and Shaju Puthussery, COO and former chief analytics officer at DentaQuest, the largest Medicaid dental benefits provider.
Quick facts on the 2021 AI 100:
- Equity funding and deals: Since 2010, the AI 100 2021 cohort has raised over $11.7B in equity funding across 370+ deals from more than 700 investors.
- 12 unicorns: Companies with $1B+ valuations on the list span
applications as varied as data annotation, cybersecurity, sales &
CRM platforms, and enterprise search.
- Geographic distribution: 64% of the selected companies are headquartered in the US. Eight of the winners are based in the UK, followed by six each in China and Israel, and five in Canada. Other countries represented in this year's list include Japan, Denmark, Czech Republic, France, Poland, Germany, and South Korea.
About CB Insights
CB Insights builds software
that enables the world's best companies to discover, understand and make
technology decisions with confidence. By marrying data, expert insights
and work management tools, clients manage their end-to-end technology
making process on CB Insights. To learn more, please visit www.cbinsights.com.
About Overjet
Overjet is the industry leader
in dental artificial intelligence, helping both payers and providers
improve patient care. The company was founded by experts from the Massachusetts Institute of Technology and Harvard School of Dental Medicine. Follow us at www.overjet.ai and @overjetdental.
SOURCE Overjet
Related Links
www.overjet.ai