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Tuesday, Apr 16, 2024

Dental Software Firm Attracts Venture Capital

Yapi, a company that makes software for dental offices, has received an investment from M33 Growth, a Boston venture capital firm that focuses on growth-stage startups. The North Hollywood tech company did not disclose the dollar amount of the investment, but said in a statement it would use the funding to hire employees in account management, customer service and research and development, as well as to strengthen its sales and marketing teams. Yapi was founded in 2009 by Gina Dorfman, a dentist, as a custom software that automated a few administrative tasks for her own office. She took the software suite to market in 2011 to help other dentists automate and digitize tasks, including the issuance of electronic dental forms, appointment reminders and patient recalls. Dorfman said in a statement the investment “validates our vision for Yapi.” “This year has proven just how critical paperless software is to keeping operations running as smoothly as possible at dental practices across the country so that we can all focus on what matters most — our patients,” she added. September has been a big month for Yapi. In addition to the venture investment, the company’s flagship software was named a winner of the 2020 Best of Class Technology Award issued by Cellerant Consulting Group, an accelerator and incubator for dental companies.

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