Bento – Dental Insurance Insurer Secures $8.1 Million Series A Funding to Transform Oral Care Benefits

The money was led by Boston– fixed Schooner Capital and additional participation from York IE Capital and the investor is there The idea of ​​the company Companyon Ventures.

BOSTON, July 26, 2022 /PRNewswire/ — Bento is on a mission to transform the old dental insurance industry and expand access to oral health care for all Americans. Bento provides a technology-driven platform that connects consumers, employers and associations with dentists and dental professional organizations, to provide better oral health benefits without the need for traditional complex insurance and beyond. Bento is proud to be the only dental care solution of its kind to be approved by a American Dental Association.

“We are delighted to announce this new investment and welcome Schooner Capital and York IE as joint investors The idea of ​​the company Companyon Venturesbringing in all the money collected $19 million. These funds are a testament to Bento’s mission to democratize healthcare in the face of today’s inequality and inequality. The need for digitalization and transparency has never been greater and Bento is at the forefront of a seismic shift in how dental benefits are managed and delivered. We are proud to be pioneers in innovation and technology in the dental industry,” said Ram Sudireddy, Founder and CEO of Bento.

The patented AI-powered Bento platform is currently used by nearly 100,000 dentists in the country and has over 360,000 locations nationwide. Bento will use the capital to further develop its award-winning program and expand its global sales force, ensuring that patients can receive the right oral health care at affordable prices, anytime and anywhere.

“It is clear that the medical insurance industry is in crisis and it is time to change and change. We are happy to lead Bento’s Series A round. change to the old companies, which led to our decision to invest,” said Orhan Gazelle of Schooner Capital.

Bento understands the importance of oral health in general health, and has established a proven ability to provide a modern, seamless and transparent service and save costs for everyone involved: employers, patients and dental care professionals, by speaking $140 billion market opportunity. Bento offers a successful platform that provides useful tools that provide oral care stakeholders with a low cost (30% less than dental insurance) and a great experience.

Bento is on a mission to provide transparency, access, flexibility, and clarity to Americans who need oral health care. The company has received great recognition in the dental industry receiving endorsements from American Dental Association, Florida Dental Association, Georgia Dental Association, Tennessee Dental Associationand Texas Dental Association among others. From the Boston, MA and offices inside Miami, FL, Bento has established the largest and fastest growing number of dental assistants in the US with more than 360,000 locations worldwide. Bento empowers employers, groups, and dentists worldwide to provide dental solutions to their employees and patients. To learn more about Bento’s role in dental care, visit bento.net.

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SOURCE Bento