Archy Raises $15 Million to Revolutionize Dentistry with AI-Powered Automated Cloud Platform
A specialist in cloud-based automation software for dental practices, Archy, has recently raised USD 15 million in funding to accelerate the construction and implementation of AI and cloud-based solutions. The funding is provided by a group of leading venture capital firms that seek to drive change throughout the healthcare industry. Archy’s platform is designed to allow businesses to update and organize their dental practice software and adapt to various processes, including scheduling, billing, record keeping, and treatment planning.
Dental Software Market Size
According to Precedence Research’s report, the global dental software market size was estimated at US$ 1.80 billion in 2022 and is expected to surpass around US$ 5.04 billion by 2032, expanding at a CAGR of 10.90% from 2023 to 2032.
An intelligent and real-time scheduling and appointment system integrated into the platform adapts an individual patient’s history, potentially necessary treatments in the future, and the practice’s schedule to minimize patients’ wait times. Incorporating billing automation and real-time insurance verification in Archy’s software makes it easier to make claims, resulting in a better financial touch point for patients and providers. Integrating AI analytics allows the platform to include treatment regime recommendations and alerts for standard follow-ups. Such a change is expected to enhance the working experience by simplifying the daily activities among dental professionals and increasing their interaction with patients.
The use of cloud technology in dental practice management has emerged as a trend worldwide. A dentist practitioner now relies on the cloud platform to access all patient details and schedule appointments from any location, which boosts efficiency and patient satisfaction.
Growth of Cloud-based Technology in Dental Practices (2020–2024)
| Year | Percentage of Dental Practices Using Cloud Technology (%) |
| 2020 | 18 |
| 2021 | 27 |
| 2022 | 35 |
| 2023 | 46 |
| 2024 | 55 |
Integrating artificial intelligence by Archy aims to solve essential problems in dental practices since many offices still use manually created pens and bills. Researchers’ findings have indicated that using AI may decrease the administrative burden, leading to more time spent on value-added services.
Projected Efficiency Gains with AI-Driven Automation (2024–2028)
| Year | Average Reduction in Administrative Workload (%) | Increase in Patient Care Time (%) |
| 2024 | 20 | 15 |
| 2025 | 25 | 18 |
| 2026 | 30 | 22 |
| 2027 | 35 | 25 |
| 2028 | 40 | 30 |
This funding further allows Archy to advance its product development plan and introduce features based on artificial intelligence to the company’s platform. The company plans to gain customers in the U.S. and across the globe with the new focus on mid to small-sized dental clinics that benefit significantly from utilizing this solution. Archy implies extensive improvements in organizational effectiveness and efficacy, the accuracy of the data, and the patient experience as the key potential that an AI-powered platform should address. By embracing Archy’s cloud-based administrative platform, Barsalou vows to revolutionize dentistry practices into data-driven practices that will eventually improve the quality of dental care around the globe.
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With over three years of dedicated writing experience, Komal brings a unique blend of cross-domain expertise and a strong healthcare background that makes her insights not just informative but truly transformative. Komal’s passion for the healthcare sector is palpable in every piece she crafts. Her journey began with a thirst for knowledge and a desire to make a difference in the dental landscape. She understands that oral health is more than just maintaining a bright smile; it’s a vital component of overall health. This understanding fuels her commitment to delivering the latest news, trends, and innovations in dentistry to her readers.
One of Komal’s standout qualities is her ability to distill complex medical jargon into engaging, accessible content. Whether she’s unraveling the latest advancements in dental technology or exploring the implications of new policies affecting dental practices, her writing resonates with both industry professionals and everyday readers. She has a knack for turning intricate topics into captivating narratives that invite curiosity and encourage informed discussions.
