C
Cyberdontics
Advanced dental drill services
About Cyberdontics
Cyberdontics, founded in 2020 by Chris Ciriello and Scott Phillips, is a venture-backed startup developing an automated platform for dental procedures. The company, which also operates under the name Perceptive Technologies, is focused on integrating advanced imaging, artificial intelligence, and robotics to automate dental surgery. A participant in the YC 2020 batch, the company aims to address the challenges of the $452 billion dental industry by increasing access to care, particularly in underserved areas.
The company's core technology combines a novel imaging system, an AI for diagnostics and treatment planning, and an automated surgical robot. This integrated system is designed to perform tooth-cutting procedures with high precision, reportedly down to 30 microns, which is a significant increase in accuracy compared to existing methods. The imaging technology is capable of seeing inside teeth and below the gingiva without the use of x-rays, and the AI component assists in diagnosing decay and planning the subsequent treatment. The robotic system then executes the surgical procedure, aiming to reduce the time for complex treatments like root canals to as little as one minute.
Financially, Cyberdontics has secured significant backing. In October 2022, the company announced a $15 million Series A funding round led by Pacific Dental Services, a major dental chain in California. This capital infusion was earmarked for research and development efforts and to facilitate the commercialization of its system. Prior to this, the company also received a seed round investment in January 2022. The company's business model appears to be centered on selling this comprehensive technology suite to dental practices. By automating and speeding up procedures, the platform is positioned to enhance dentist productivity, potentially doubling it, while also aiming to reduce patient discomfort and overall costs. The system is currently under development and has not yet received FDA clearance for medical use.
The founding team brings a blend of expertise to the company. Chris Ciriello serves as the Founder and CEO. Scott Phillips is also listed as a founder.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2016
- Headquarters
- Castlegar, Canada
- Employees
- 15
- Open positions
- None listed
- Dealroom signal
- 55.7/100
- Industry
- Health
- Sub-industry
- Medical Devices
- Sector
- Health Tech & Medtech, Dentistry, Surgery, Medical Imaging, Surgical Equipment, Hard Tech, DT and LS, science-based
- Technology
- Deep Tech
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| EARLY VC✓Equity / VC | Jul 2023 | $0 | — | Tech.Bio | ↗ |
| SERIES A✓Equity / VC | Oct 2022 | $15M | $60M | Pacific Dental Services | ↗ |
Growth signals
Latest recorded traffic for Cyberdontics is 430 monthly website visits. Cyberdontics's team declined 42.3% over the past year.
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A2 investors entered at this stage
Pacific Dental Services
Tech.Bio
Other known investors2 additional known investors
KAST
Keiretsu Forum
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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