The funding will allow Torch Dental to more quickly digitize its digital procurement, increase the size of its team and partner with more practices, according to a July 17 news release.
Torch Dental is currently partnered with more than 2,000 dental practices across the country.
The round was led by Health Velocity Capital, which only invests in healthcare software and service companies.
The company has raised approximately $40 million in funding since being founded, the release said.
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