Overview

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.

Simplify's Take

What believers are saying

• Growing interest in AI-driven dental diagnostics enhances dental assessment accuracy.
• Expansion into underserved urban areas offers growth opportunities for Opencare.
• Rising consumer preference for subscription-based dental care plans benefits Opencare.

What critics are saying

• Increased competition from platforms like Zocdoc expanding into dental care.
• Economic downturns may reduce discretionary spending on dental services.
• Potential regulatory changes could impact patient referral management and monetization.

What makes Opencare unique

• Opencare offers a personalized matching system for finding top-rated dentists.
• The platform targets urban areas with a high demand for reliable dental services.
• Opencare provides a stress-free process for patients to find trustworthy dental care.

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Funding

Total Funding

$19.1M

Meets

Industry Average

Funded Over

2 Rounds

$16,000,000

Series A

May 2018

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.

Series A Funding Comparison

Meet Average

Industry standards

Ind Avg. $15M

$3.7M

$5M

$8.2M

$15M

$16M

$100M

View all funding stages