tab32 Closes Series B Financing to Accelerate Dental CloudTech Transformation
The new capital will support tab32's continuing commitment to driving technological innovations and enabling the dental industry. The company's cloud-based solution with proprietary Open Data Warehousing™ is the first in the industry to pioneer a standard model for data storage, sharing, and reporting, giving dentists and practice administrators a single source of truth for all patient information. With seamless real-time synchronization across all devices and access points, tab32's platform is a true game changer supporting the dental industry's rapid digital transformation.
Far more than just dental practice management software (PMS), tab32 delivers cloud connectivity and data interoperability tailored to the needs of the
As dental practices grow and providers grapple with an explosion of patient-related data, tab32's platform also comes with robust machine learning capabilities that provide critical business intelligence. This enables capabilities such as automating workflows ( auto-booking incomplete treatments, for example), conducting multi-location aware analytics on business growth and profitability, and tracking in-depth dental key performance indicators.
"It's rare to see a startup achieve rapid and consistent organic growth while maintaining profitability, and tab32 is a true stand-out among the businesses we've had the opportunity to partner with," said
"Ever since our founding, we have been laser-focused on solving the pain points facing the dental industry and helping them reap the benefits of the latest cloud technology," said Kiltesh Patel, CEO and co-founder of tab32. "Our growth trajectory and profitability bear testament to the market's huge demand for cloud-based, end-to-end solutions. We're looking forward to continuing to leverage Spark's expertise, experience, and advisory as we continue to expand."
The new funding will enable tab32, which currently has 65 employees, to double its headcount across its offices in
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