Dental procurement startup receives $5.5M in seed round funding

Wellplaece, a dental marketplace and procurement platform, launched with a $5.5 million seed round. 

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The platform uses artificial intelligence to compare prices for dental supplies to optimize savings for dental practices, according to a May 30 news release. 

The AI searches across a wide network of suppliers to find the best price. It also places the order and handles logistics with the supplier.

By the end of the second quarter, the company is set to double its distributor and manufacturer supplier network. Wellplaece also has plans to implement its services at more than 100 dental offices in future quarters, the release said.  

At the Becker's 5th Annual Future of Dentistry Roundtable, taking place September 14-15 in Chicago, dental leaders and executives will gain insights into emerging technologies, practice growth strategies and the evolving landscape of dental care delivery, with a focus on innovation, patient experience and operational excellence. Apply for complimentary registration now.

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