Dental Whale
Financials
Estimates*
USD | 2017 |
---|---|
Revenues | 10.7m |
Date | Investors | Amount | Round |
---|---|---|---|
N/A | $12.5m | Early VC | |
* | N/A | Acquisition | |
Total Funding | AUD19.3m |
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Recent News about Dental Whale
EditDental Whale is a company that leverages its massive buying power to help dental practices reduce overhead costs and boost profitability. Operating in the dental industry, it serves thousands of dentists by providing a digital purchasing system that allows them to save up to 47% on supplies, labs, and equipment. The business model revolves around aggregating the purchasing needs of multiple dental practices to negotiate better prices from suppliers. This enables Dental Whale to offer significant cost savings to its clients, who benefit from reduced expenses on essential items like latex gloves, intraoral scanners, and other dental equipment. By minimizing the time dentists spend on procurement and maximizing their savings, Dental Whale helps dental practices focus more on patient care and less on administrative tasks. The company generates revenue through membership fees and possibly a percentage of the savings achieved for its clients.
Keywords: dental supplies, cost savings, purchasing system, overhead reduction, dental equipment, profitability, dental practices, bulk buying, procurement, dental industry.