The company provides independent dental practices and dental suppliers with AI-powered spend management tools to aid in procurement decisions, according to a Jan. 7 news release.
In addition, Torch Dental opened an office in Austin, Texas, to serve the South, Mountain and West coast regions.
Torch Dental is partnered with more than 3,000 dental practices.
Financing came from Amex Ventures, Alumni Ventures and Parameter Ventures, alongside existing investors, Raga Partners, Bessemer Venture Partners and Health Velocity Capital, the release said.
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