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Opencare

Opencare

Platform for finding highly-rated dentists

About

Opencare helps people find highly-rated dentists in their area, particularly targeting individuals in urban settings who may struggle to locate trustworthy dental services. The platform uses a quiz to gather information about users' preferences and needs, allowing it to match them with suitable dentists. This personalized matching process ensures that clients can easily find a dentist that fits their specific requirements. Opencare generates revenue by connecting patients with dental practices, likely charging fees for each new patient referred and offering premium listing services to enhance visibility for dentists. The goal of Opencare is to provide a simple and stress-free way for individuals to access reliable dental care.

Company Stage

Series A

Employees

51-200

Industries

Hardware, Healthcare, Consumer Goods

Total Funding

$23.8M

Headquarters

N/A

Founded

2012


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Simplify's Take

What believers are saying

  • Opencare's user-friendly platform simplifies the often stressful process of finding a dentist, potentially leading to high user retention and positive word-of-mouth.
  • The company's revenue model, which includes partnerships and premium services, offers multiple streams of income, enhancing financial stability.
  • As urban populations grow, the demand for reliable dental services is likely to increase, providing a larger market for Opencare to capture.

What critics are saying

  • The COVID-19 pandemic has already led to significant layoffs, indicating potential financial instability and operational challenges.
  • Relying heavily on urban markets may limit growth opportunities in less densely populated areas.

What makes Opencare unique

  • Opencare's personalized quiz-based matching system sets it apart from generic dentist directories by ensuring a tailored fit for each patient.
  • The focus on urban areas where finding a reliable dentist can be challenging gives Opencare a niche market advantage.
  • Opencare's dual value proposition benefits both patients and dental practices, creating a symbiotic relationship that enhances user satisfaction and business growth.

Growth & Insights
Headcount

6 month growth

14%

1 year growth

23%

2 year growth

-3%

Benefits

Learning & personal growth

Equity

Competitive compensation

Unlimited vacation & sick days

Full health benefits

Health snack bar & fridge

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