Zuub Secures Series A Funding from Vertical Venture Partners, Bonfire Ventures, and MTech Capital
June 25 2024 - 9:00AM
Business Wire
Zuub, a leading innovator in dental Revenue Cycle Automation, is
excited to announce that it has secured $9 million in Series A
funding led by Vertical Venture Partners with participation from
existing investors Bonfire Ventures and MTech Capital. This
significant investment will further Zuub's mission to recapture
billions of dollars in lost revenue in the dental industry by
applying artificial intelligence and advanced automation
technologies.
Zuub's AI-powered automation solutions streamline dental
practice operations, particularly in insurance verifications, for
thousands of providers at private practices and large dental
support organizations (DSOs) across North America. With practices
spending ~40 hours a week on manual insurance eligibility and
patient benefits verification, Zuub's technology eliminates these
time-consuming and error-prone processes.
"We are thrilled to receive this substantial support from our
investors," said Luka Sklizovic, CEO of Zuub. "This funding will
enable us to accelerate our growth and develop innovative solutions
that help dental practices operate more efficiently and provide
transparent pricing to their patients."
Zuub's comprehensive automation platform integrates seamlessly
with existing Practice Management Systems, offering automated
insurance verification, patient statements, treatment planning, and
patient financing features. These capabilities are designed to
enhance the efficiency and profitability of dental practices,
allowing them to focus more on patient care.
"Zuub and its team of industry veterans are transforming revenue
cycle management in the dental vertical," said Brad Corona,
Managing Director at Vertical Venture Partners. "We are excited to
partner with Zuub and support its vision of becoming the go-to
solution for holistic dental practice automation."
Zuub's innovative technology has already garnered nationwide
attention and praise from dental practices. With this new round of
funding, the company plans to expand its reach and continue
delivering cutting-edge solutions that address the unique
challenges dental practices face.
To schedule a demo and learn more about how Zuub can help your
practice visit www.zuub.com.
About Zuub
Zuub is a leading provider of revenue cycle automation software
with a focus on innovation, ease of use, and outstanding customer
support. Founded in 2019, Zuub has quickly become a favorite of
dental practices nationwide, thanks to its advanced features like
automated insurance verification, patient statements, treatment
planning, patient financing, and more, all while integrating with
your current Practice Management System. To learn more, visit
www.zuub.com or connect on LinkedIn, Instagram, Facebook, Twitter,
or Youtube.
About Vertical Venture Partners
Vertical Venture Partners (“VVP”) is a Silicon Valley-based
venture capital firm focused on making Seed and Series A
investments in B2B technology companies targeting pain points in
specific industry verticals. The VVP team has decades of operating
and investment experience gained from diverse backgrounds in
venture capital, investment banking, and advanced R&D. Please
visit www.vvp.vc to learn more.
About Bonfire Ventures
Bonfire Ventures is an early-stage venture capital firm that
leads seed rounds and invests exclusively in the B2B software
sector. With over $800M under management, Bonfire backs
extraordinary founders and aspires to serve as their most trusted
advisors. Known for their hands-on approach, Bonfire is regularly
named one of the best seed stage VC firms by founders. Notable
investments include TaxJar (acquired by Stripe), The Trade Desk
(IPO), Boulevard, ChowNow, and OpenPath (acquired by Motorola). For
more information on Bonfire Ventures, visit www.bonfirevc.com.
About MTech Capital
MTech Capital is an InsurTech-focused venture capital firm with
offices in Santa Monica and London. MTech invests in
technology-enabled companies with the potential to transform one or
more elements of the insurance value chain, across P&C, life,
health, employee benefits, and asset management. MTech’s team
combines decades of experience in venture capital and insurance
investment banking. MTech’s investors include some of the world’s
largest insurance groups. Learn more at www.mtechcapital.com
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Zuub Robert Kim (213) 645-2813 inquiries@zuub.com