Pearl Raises $58M, the Largest-Ever Investment in Dental AI

Pearl, a dental artificial intelligence (AI) company, has raised $58 million in Series B investment. This marks the largest investment to date in dental AI.

The funding round was led by Left Lane Capital, with participation from Smash Capital, Alpha Partners, and existing investors, Craft Ventures, and Neotribe Ventures.

Pearl’s machine learning and computer vision tools aim to address inconsistency in diagnostic accuracy. The company’s AI is a real-time aid to help dentists read patient X-rays.

The company earned the first-ever U.S. Food and Drug Administration (FDA) clearance for AI software to help dental professionals spot multiple different pathologies and other conditions in X-rays. Since then, Pearl’s clinical AI has earned regulatory nods for chairside use in over 120 countries as well as recognition among TIME’s Best Inventions.

Pearl intends to use the new funding to boost ongoing computer vision development, which includes tracking disease in 3D and other imaging modalities. The company also plans to introduce new AI tools for treatment planning, insurance claim approvals, and dental education.

This investment follows significant growth for the company. Pearl grew its sales 458% in 2023 and continues to be the only dental AI company with global market presence. Its tech inhabits dental practices in six continents and is commercially available to more than 500,000 dental practices and millions of dental professionals worldwide.

“In the field of healthcare, dentistry has become an AI standard-bearer, demonstrating the technology’s enormous utility and benefit in day-to-day patient care––and Pearl has led the AI charge in dentistry,” said Ophir Tanz, founder and CEO of Pearl. “This historic funding round underscores the impact of Pearl’s capabilities and supports our belief that high-quality, AI-powered dental care should be accessible to everyone. With this investment, Pearl will continue to push the envelope, providing pioneering machine learning to improve oral health outcomes and strengthen trust between the patient and dental professionals.”