SAN FRANCISCO - Aug 22, 2025 (UTC) - Wisdom, a leading AI-powered dental revenue cycle management (RCM) platform, announced it has raised $28 million in total capital, including a $21 million Series A round led by Permanent Capital Ventures (PCV), with participation from Aquiline and existing investor Juxtapose. This investment will support Wisdom’s mission to transform dental billing and revenue management, enhancing financial outcomes and operational efficiency for dental practices across the country.
Funding Details
Wisdom’s $28 million total funding, announced on August 20, 2025, includes a $21 million Series A round that marks a significant milestone in the company’s rapid growth within the dental RCM sector. The Series A was led by Permanent Capital Ventures (PCV), with participation from Aquiline and existing investor Juxtapose, building on a prior $7 million Seed investment. This capital raise reflects strong investor confidence in Wisdom’s innovative approach to addressing administrative challenges in dentistry.
“We are thrilled to partner with PCV and Aquiline as we continue our mission to transform dental billing and revenue management,” said Stoyan Kenderov, CEO of Wisdom. “Their proactive approach and expertise in building scalable enterprises align perfectly with our vision to significantly enhance financial outcomes and operational efficiency for dental practices.”
“Wisdom has created an impressive track record by uniquely integrating AI technologies with deep industry expertise,” said Mike Gamson, Co-Founder and Managing Partner at Permanent Capital Ventures. “We see immense potential in their ability to scale and redefine revenue management solutions in the dental sector and beyond.”
“While we continue to see significant innovation across dental, the market is filled with point solutions and generally lacks modern, end-to-end platforms, especially across the rev cycle process,” said Dante La Ruffa, Partner at Aquiline. “We believe that Stoyan and his team are reimagining the future of dentistry, starting with the key pain points that have historically inhibited dentists from maximizing their time with patients.”
“The opportunity to use technology to help dentists build and run their businesses more effectively is immense,” said Andy Stein, Partner at Juxtapose. “Stoyan and his team have moved quickly but thoughtfully to build a solution which really moves the needle for dentists while preserving the value of human expertise.”
Historical Funding and Growth
Wisdom’s funding history reflects its rapid traction in the dental RCM market. The table below summarizes its known funding rounds:
| Round | Date | Amount | Lead Investor | Key Notes |
|---|---|---|---|---|
| Seed | 2023 | $7M | Juxtapose | Supported initial platform development and early client acquisition. |
| Series A | August 2025 | $21M | Permanent Capital Ventures | Focused on product innovation, market expansion, and team growth. |
Founded in 2023 and headquartered in San Francisco, California, Wisdom has quickly established itself as a leader in dental RCM. The company has collected hundreds of millions of dollars for clients, saved up to 50% in collection costs, and achieved over 98% of clients increasing insurance billing revenues. With a Net Promoter Score of 73 and awards like Top Dental Billing Company by Healthcare Business Review, Wisdom’s growth underscores its impact on addressing the $20 billion in uncollected dental revenue.
Wisdom’s Technology
Wisdom’s AI-powered revenue cycle management platform integrates artificial intelligence with human expertise to streamline dental billing processes. Key features include:
- Claims Scrubbing and Follow-Up: AI-driven tools for accurate claim processing and diligent follow-ups to maximize reimbursements.
- Insurance Verification: Comprehensive verification to ensure eligibility and reduce denials.
- Patient Billing and Collections: Transparent and efficient patient invoicing to improve collections and satisfaction.
- Integration with Practice Systems: Seamless connectivity with dental practice management software for end-to-end revenue management.
- Analytics and Insights: Data-driven reporting to provide predictability and transparency in revenue cycles.
The platform’s hybrid model combines proprietary AI agents with US-based billing experts, enabling dental practices to focus on patient care while enhancing financial outcomes.
Industry Impact and Challenges
Wisdom’s platform tackles key challenges in the dental industry, where administrative burdens leave over $20 billion in earned revenue uncollected annually. By integrating AI with expert support, Wisdom has collected hundreds of millions for clients, reduced 90+ days accounts receivable by up to 50%, and improved patient satisfaction by +10%. Its recognition as a 2025 Dental Innovator Award winner by DentalIQ highlights its impact on modernizing dental RCM.
The dental RCM market is fragmented with point solutions, lacking end-to-end platforms. Wisdom must navigate challenges like integration with legacy systems, regulatory compliance, and competition from traditional billing services while scaling to meet demand from independent practices and dental groups.
Stakeholder Perspectives
Wisdom’s leadership and investors are aligned on the platform’s potential to redefine dental RCM. The focus on integrating AI with industry expertise addresses longstanding pain points, enabling scalable growth.
Stakeholder Insights
Stakeholders highlight Wisdom’s rapid traction and high client satisfaction as indicators of its market fit. The company’s awards and referral-driven growth underscore its value in improving financial and operational outcomes for dental practices.
About Wisdom
Founded in 2023 and headquartered in San Francisco, California, Wisdom provides an AI-powered revenue cycle management platform for dental practices. The company integrates proprietary AI agents with US-based billing experts to handle insurance collections, verification, and patient billing, maximizing revenue and efficiency. Led by CEO Stoyan Kenderov and Co-Founder Ashley Bond, Wisdom’s mission is to alleviate administrative burdens, allowing dentists to focus on patient care while enhancing financial outcomes.
Future Outlook
With the $28 million in total funding, Wisdom is poised for accelerated growth in 2025 and beyond. The company aims to enhance its platform, expand its market reach, and build its team to serve more dental offices nationwide. By continuing to innovate and drive client success, Wisdom plans to lead the transformation of dental revenue management within the next few years.
Media Contact
For more information, visit www.withwisdom.com or contact Brian Becker at brian@withwisdom.com.
Source : Wisdom
