Beam raises $80 million for AI-driven dental coverage that rewards good hygiene
Beam Dental, a Columbus, Ohio-based dental benefits provider, today announced it has raised $80 million in an oversubscribed series E round led by Mercato Partners. Alex Curry, Alex Frommeyer, and Dan Dykes founded Beam in 2012 in an effort to make dental care more affordable. In the 41 states where the company’s plans are available, Beam sells a semiannual subscription service that consists of a Bluetooth-enabled sonic toothbrushf — the Beam Brush — along with paste, floss, and refill heads. The result is to effectively mimic the intuition of the best dental insurance underwriters. This ostensibly lets an employer get rates for dental insurance that are more tailored to who they are and what their needs might be.