Wisdom, an AI-powered dental revenue cycle management (RCM) platform, has successfully completed a $21M Series A funding round led by Permanent Capital Ventures (PCV). Aquiline, a private investment firm specializing in financial services and technology, joined the round alongside existing investor and Co-Founder, Juxtapose. This latest funding follows a $7M Seed investment by Juxtapose, bringing total capital raised to $28M since Wisdom’s founding in 2023.
Independent dental practices and small dental groups across the U.S. face significant administrative burdens, leaving over $20 billion of earned revenue uncollected despite billions spent on in-house revenue management. Wisdom’s platform combines AI agents with human billing experts to maximize revenue collection, enhance predictability and transparency, and improve patient satisfaction. The solution has already collected hundreds of millions of dollars for clients while reducing collection costs by up to 50%, allowing dental staff to focus on patient care.
Since inception, Wisdom has expanded by combining proprietary AI-driven technology with U.S.-based billing experts, achieving strong client satisfaction reflected in a Net Promoter Score of 71 and substantial organic growth. Over 50% of signed deals are generated through referrals. Recognition includes the Top Dental Billing Company award by Healthcare Business Review and the 2025 Dental Innovator Award from DentalIQ for AI-assisted dental billing services.
Wisdom is led by CEO Stoyan Kenderov, a technology and product leader with over 25 years of experience transforming organizations into customer-focused teams. Kenderov previously served as COO of business payments platform Plastiq and held senior roles at LendingClub, Intuit, and Quicken. Co-Founder and Chief Dental Billing Officer Ashley Bond founded and led Bond Dental Billing, a nationwide award-winning dental billing service.
"We are thrilled to partner with PCV and Aquiline as we continue our mission to transform dental billing and revenue management," said Kenderov. "Their proactive approach and expertise in building scalable enterprises align perfectly with our vision to significantly enhance financial outcomes and operational efficiency for dental practices."
This funding will support further enhancements to Wisdom’s AI-driven platform, accelerate market expansion, and grow the team to serve dental offices of all sizes, from single-location practices to multi-location groups nationwide.