Powerful Dental Lands Almost $10 Million In Series A+ Financing

Powerful Dental just lands almost 10 million dollars of investment in Series A+ financing, this round of financing was led by MindWorks Ventures. The funds will be used for the expansion of its dental insurance and work with more insurance companies.

Powerful Dental was founded in 2017, it's a health management and an insurance company that uses big data and AI technologies. Powerful Dental's self-developed HMO dental insurance service platform connects insurance companies with patients. The platform can help insurance companies with dental health care design and payment, and can also help insurance companies' operations and management.

At present, Powerful Dental has signed contracts with thousands of dental care institutions, at the same time, the company has designed and operated more than 60 dental insurance products with more than 20 large insurance companies. The target group is middle-class and above, mainly young people, women and the elderly. The yearly revenue of Powerful Dental is around a few million dollars.

MindWorks Ventures is a venture capital firm that focuses in the early and expansion-stage technology startups across Asia. It comprises of disruptive consumer, technology, Asia-based early and expansion staged companies, and innovative infrastructure.