USA
Market: Medicine
Project stage: Idea or something is already done
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Idea or High Level Concept
Raekis AI: end-to-end AI insurance agent for dental offices. Reduces denials, eligibility calls & claims chaos. $100K revenue + $30K saved per off/yr. PMF proven.
Traction and Current Status
Live testing in 4 offices over 3 weeks, for our wedge flow. Results: $700 collection increase per office/day and 6 hours saved daily. One tester converted to investor in 3 weeks. A 2-office group has verbally committed to start paying mid-June. 7 additional offices are in active conversations. $250K raised to date from angel investors.
Problem or Opportunity
Dental offices lose $20-25B every year to insurance friction.15-20% of revenue disappears through denials, eligibility errors, and underpayments caused by complex, ever-changing insurance rules. Every payer, every plan, every procedure has its own non-transparent rules. Front desk staff spend 20+ minutes on hold per insurance call, multiple times per patient. The solution to this problem has only recently become available through AI advances in the past year.
Solution
Raekis is the end-to-end AI insurance agent for dental offices. We automate the entire insurance workflow: pre-claim eligibility, financial treatment plans, claim submission, denials management, and ERA posting. Integrated across all major practice management systems. Our intelligent voice AI calls on the office's behalf, our system learns from edge cases where revenue actually bleeds, and every flow makes every other flow smarter. Built by a clinician who codes; the rare combination this category requires.
Business Model, Chanells, Metrics
AI agent as a service with two-tier pricing. Benefits-wedge product (built and tested) at $599/mo for the first 3 months, then full stack at $2,750/mo Y1-Y2 and $3,000/mo Y3+ — that's $33-36K annual contract value per office. Compared to current RCM companies charging 3-4% of collections (~$45-60K/yr per office), Raekis saves offices $15-25K/yr while delivering more. Go-to-market: founder-led + advisor network for small dental groups Y1 (~$0 CAC), then DSOs and OSOs Y2+ via brokers and PE firms. Path to $63M revenue by Year 5 across 1,750 offices.
