Here are 12 updates on the dental AI industry that Becker's reported on in the first quarter of 2024:
1. Cincinnati-based Cordental Group partnered with Overjet to provide dental AI to its network of 42 affiliated practices.
2. A group of dental providers was denied class certification in their lawsuit against SmileDirectClub.
3. Dental benefits administrator Liberty Dental Plans launched a care management platform powered by generative AI.
4. Gordon Brothers, a liquidation and restructuring firm, posted SmileDirectClub's former assets and inventory for sale.
5. Dental AI company Overjet launched Overjet for Kids, an AI program for pediatric dentists.
6. Overjet raised $53.2 million in a series C round of fundraising, the largest ever investment in the dental AI industry.
7. New data from VideaHealth shows the company's new AI algorithm offers an 80% improvement in pediatric caries identification.
8. The state of Tennessee requested that SmileDirectClub pay back $6 million in grants for allegedly failing to meet the terms of its contract.
9. Dental artificial intelligence company Pearl experienced more than 500% growth in revenue in 2023.
10. SmileDirectClub was hit with a class-action lawsuit that alleges the company violated the WARN Act when it laid off its employees during its shutdown.
11. Peerlogic, a dental AI company, raised $5.65 million during a series seed equity fundraising round.
12. Dental AI company VideaHealth received FDA clearance for Videa Dental Assist.