Daydream

A technology company that automates back-office tasks for dental practices, improving revenue collection and reducing administrative burdens.

Why It Works

Daydream addresses a significant pain point for dentists by automating interactions with insurance companies, allowing dental practices to recapture lost revenue.

Revenue & Traction

The company is adding a million dollars a month in annual recurring revenue (ARR) and is projected to finish north of $10 million in revenue by the end of the year.

Founding Story

The founder was inspired to start Daydream after experiencing firsthand the inefficiencies in the dental billing process while managing his mother's dental practice.

Business Playbook

The company acquired an existing service business to build its foundation and employed AI technology to streamline insurance claims processing.

Additional Information

Daydream charges dentists a percentage (2.5% to 3.5%) of the revenue they recover through the automated systems.

Source

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