PracticeProtection is a dentist-owned and directed startup established in 2016, with headquarters in the United States. The company's mission is to provide comprehensive protection for dental professionals and their practices through a disciplined underwriting approach, leading to lower risks and fewer claims. The company offers dental malpractice insurance policies directly to dental professionals, emphasizing ongoing risk management services to prevent claims. PracticeProtection operates regional offices in Jacksonville, Florida, and Fort Wayne, Indiana, in addition to a statutory office in Vermont. The startup has garnered a significant amount of support, having received a $100.00K Seed Round investment on 21 September 2016. Although the specific investors behind this funding round are not explicitly mentioned, the company is backed by a panel of reinsurance partners with combined assets exceeding $225 billion, all holding financial strength ratings of “A+” (Superior) or “A” (Excellent) from A.M. Best, demonstrating a strong financial foundation. PracticeProtection's unique approach within the Health Care industry positions it as a potentially promising investment opportunity for venture capital firms looking to support innovative solutions within the dental professional liability insurance sector.
Funding Stage | Amount | No. Investors | Investors | Date |
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Seed Round | $100.00K | - | 21 Sep 2016 |
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