Photo - Adravision
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Adravision

USA, Georgia
Market: Artificial Intelligence
Stage of the project: Operating business

Date of last change: 09.05.2024
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Idea

Adravision utilizes Artificial Intelligence to analyze X-rays, pinpointing cavities and other dental issues, enhancing workflow automation and financial outcomes for both dental practices and insurers

Current Status

We're currently in the early stages of commercialization, targeting insurers and dental offices as our primary customer base. Notably, we've begun collaborations with Fluent Dental, an insurance processing company, and prominent dental clinic chains like Nuffield Dental, boasting 14 clinics within our clientele. Our Annual Recurring Revenue (ARR) can be 1.5 to 2 million from insurers and 6k from each dental office. With our current trajectory, we are on track to have an ARR of 350k this year.

Market

Our customers are dental clinics and dental insurers.

Problem or Opportunity

The dental industry confronts two critical issues impacting its financial health. Missed diagnoses and low treatment acceptance rate by dentists lead to revenue loss for practices, while undetected fraudulent claims cost dental insurers billions annually

Solution (product or service)

Our software uses AI to automatically identify caries and other dental problems in x-rays, faster and more accurately. They help dentists to automate their workflow, improve the quality of care, and increase revenue. For dental insurance companies, they help them to process claims and reduce losses due to fraud.

Finance

We operate on a subscription-based model, offering various tiers tailored to suit the diverse needs of our customers.

Business model

Our customers are dental clinics and insurers. We charge them a monthly subscription fee. The subscription fee varies depending on whether we are catering to dental clinics or insurers.

Team or Management

Incubation/Acceleration programs accomplishment

Y Combinator
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Idea
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Finance
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