InsideDesk, an AI-powered revenue cycle management platform for DSOs, has received $12.6 million in a recent financing round.
The additional funding will be used to invest in AI, automation and new hires across engineering, AI and go-to-market, according to a July 15 news release from InsideDesk.
Pender Ventures led the financing round with participation from existing investors Round13 Capital and Graphite Ventures.
Dallas-based MB2 Dental, one of the largest DSOs in the U.S., has utilized InsideDesk to improve revenue cycle performance visibility and identify additional collection opportunities.
“InsideDesk has had a meaningful impact on how we manage our revenue cycle, giving our teams greater visibility and helping us recover insurance receivables more efficiently and effectively across our organization,” Clint Ellenberg, chief revenue officer of MB2 Dental, said in the release. “As dental organizations navigate an increasingly complex environment, continued innovation in revenue cycle management will be critical to helping teams make informed decisions and operate more successfully.”
