Retrace Labs, a dental artificial intelligence company, has launched a management network that automates payment for dental services, SiliconAngle reported Oct. 4.
Retrace's network connects payers, providers and patients in real time and facilitates the automated payments.
The company's platform also offers procedure quality ratings and transparency for patients by detailing their insurance coverage information and their payment obligations.
Founded in 2016, Retrace has raised $18 million in venture capital funding and is backed by Stone Point Capital, Intel Capital and SoftBank Ventures Asia.