Peerlogic, a frontrunner in AI-powered conversational intelligence, proudly unveils a noteworthy stride in its growth trajectory through a triumphant $5.65 million Series Seed equity fundraising round. AZ-VC spearheaded the investment, joined by In Revenue Capital, Cervin Ventures, Singularity Capital, and Revere Partners. The secured funds are poised to propel Peerlogic into its upcoming phase of expansion, fueling its commitment to revolutionize the dental industry through state-of-the-art AI technology.
“Peerlogic’s intuitive platform helps dental offices focus on their primary objective of exemplary patient care by unlocking revenue potential, facilitating better communication with customers, and increasing the overall efficiency of their business,” said Ashok Santhanam, venture partner at AZ-VC. “We believe the combination of Peerlogic’s leading product and exceptional team has positioned themselves as pioneers in dental technology and primed themselves for category leadership in the industry. AZ-VC is thrilled to partner with Peerlogic, whose business model fits perfectly with the AZ-VC thesis that AI-based vertical SaaS applications are not only the future but are tailor-made for Arizona’s strengths.”
Peerlogic embarked on its journey in 2020 with the goal of assisting dental offices in harnessing customized call data to enhance business performance. Driven by AI, the company’s technological platform analyzes data points extracted from human speech, enabling business owners to promptly recognize and reclaim missed opportunities, refine processes, and streamline communications, ultimately leading to increased revenue.
The injection of new capital will play a crucial role in amplifying Peerlogic’s influence by expanding innovative product solutions, refining the company’s Large Language Model (LLM), and creating advanced call analytics and engagement tools.
“This substantial investment from esteemed investors underscores our robust growth strategy and our unwavering commitment to delivering state-of-the-art AI technology,” said Ryan Miller, CEO and founder of Peerlogic. “With this funding, we are poised to accelerate our growth, introduce innovative products, and reinforce our leadership in the dental industry.”
Peerlogic is already on an upward trajectory, experiencing over 1,200% percent growth from 2022 to 2023, and currently servicing more than 1,000 dental offices in the United States.
For more information about Peerlogic or to request a demo, visit www.peerlogic.com.
Since its inception, Peerlogic has been at the forefront of integrating AI into dental practice management. The company’s growth is characterized by its pioneering approach to conversational intelligence, a testament to its commitment to excellence and innovation. As Peerlogic continues to expand, it remains focused on delivering transformative solutions that elevate the standards of dental care and practice management. Connect with us on LinkedIn, Facebook, and Instagram.