Overjet signed Guardian and Delta Dental before raising seed funding
Warda Inam · She quit her job without a startup idea. Then built a $550M startup from a bad dentist appointmen... · PMF Show · Jun 3, 2024 · at 23:39
Warda Inam, founder and CEO of dental AI startup Overjet, discusses the commercial traction Overjet achieved before raising its seed round.
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“And then by the time, you know, you mentioned the seed route, we had signed Guardian and Delta Dental. These are large insurance companies.”
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“An investor, this was an angel investor, they have a fund, a pre-seed fund, who basically told me, hey, I really like you. However the chances of you getting funded next are so low that I don't want to put, you know money in because I think the statistics they…”
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“And then I shared my x-rays with other dentists as well, and I got different opinions. And that what didn't sit Well with me where it felt more of an art rather than a science. There has to be one truth, you know, like, what is it?”
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“There were some companies like Wizz AI, I think the first generation of companies which could not in, especially healthcare could not make it work in at a larger scale. So the, you know, it was, They did solve a very good problem. However, adoption of that tec…”
Dental practices measured finances but lacked clinical quality metrics before Overjet
“There were ways of measuring financial performance. There was no way of measuring clinical quality in dental practices, and I felt that if we did not do anything about it, we would head in, in a very wrong direction.”
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“So the interesting thing about dentistry is that if you went to a dental practice and you wanted to query how many patients have cavities, you won't be able to query that because disease is not recorded in dental practices. Treatments are recorded, but disease…”