Plan Forward, an Indianapolis, Indiana-based dental software company enabling dental practices to offer an alternative method of payment to uninsured patients, raised $2 million in Seed B financing.
SaaS Investors
The round was led by Elevate Ventures and included participation from IU Ventures and Revere Partners.
Founded in 2011, Elevate Ventures is a venture capital firm investment firm based in Indianapolis, Indiana. The firm invests in high-potential cross-sector innovative companies with a minimum $500M TAM at the pre-seed, seed, and early stages.
About Plan Forward
Founded in 2018, Plan Forward is offering a comprehensive solution, including an innovative new platform for enabling the custom creation, management, and analysis of dental membership plans, compliant membership agreements, and marketing support to drive membership growth for practices and groups. Plan Forward's platform integrates with over 20 dental practice management systems and is designed to help dental practices transition to a Direct Primary Care model, improving care for their uninsured patients. Plan Forward is working with dental organizations, private groups, and independent practices across 40 states.
The company recently launched its integrated platform, Plan Forward Advanced, which has seen strong demand from practices looking to grow its cash patient base.
Funding Details
Company: Plan Forward, LLC
Raised: $2.0M
Round: Seed B Round
Funding Month: October 2023
Lead Investors: Elevate Ventures
Additional Investors: IU Ventures and Revere Partners
Company Website: https://www.planforward.io/
Software Category: Dental Software
Source: https://www.prnewswire.com/news-releases/plan-forward-raises-2-million-seed-b-round-following-strong-demand-for-its-new-dental-membership-plan--analytics-platform-301949688.html