OFFOR Health raises $9 million
OFFOR Health, the operating company under SmileMD, has closed a Series A1 round of $9 million. AXA Venture Partners led the round, which also included participation from SpringRock Ventures, LOUD Capital, dental insurance provider Delta Dental, and MBX Capital.
OFFOR Health’s first service line is SmileMD, an oral health offering that enables office-based procedures by dispatching anesthesiologists to the dental office. This latest funding round will support the company’s vision of scaling its last-mile care delivery model into additional markets across the country.
“Techenabled delivery of care is an area we are seeing innovation in across the healthcare industry, but we believe that we are doing work that can truly have an impact. By saving time, money, and resources for patients, providers, and payers, we are seizing the chance to improve the quality of healthcare for people nationwide. Through our care delivery platform that consists of deploying clinical care, logistics, and technology, we’ve proven that our model works and that when you offer an opportunity to connect providers directly with patient need you can achieve amazing results.” – OFFOR Health CEO Saket Agrawal.
“The problem that OFFOR Health is immediately solving is one that is high-cost, and high-impact. They are doing great work serving a very in-need population of pediatric medicaid patients. The vision, combined with the clinical knowledge of the founding team, tells us that they are on track to not just make a splash in the changing healthcare landscape, but truly make a different in patients’ lives.” – Manish Agarwal, General Partner at AXA Venture Partners.