Berlin-based health tech startup Roger has successfully raised €7 million in a seed funding round led by GV (Google (NASDAQ:GOOGL) Ventures) and Partech. This capital injection aims to facilitate the company’s mission of transforming the work life of dentists and their teams by reducing time spent on administrative tasks. The funding round also attracted participation from several angel investors, including prominent founders from Orderbird, Payone, and the US platform Klara.
Roger was founded in 2021 by Victor Charlier and Andreas Wolff with the goal of modernising dental practice management. Previously, the German dental industry, which generated €30 billion last year, relied heavily on outdated software and manual processes. In contrast to these traditional methods, Roger offers a “Patient Relationship Management” platform designed to streamline patient communication, generate treatment plans, and provide cost estimates, thereby enhancing efficiency and productivity.
Roger’s Impact on Dental Practices
The new platform from Roger significantly reduces the time dental teams spend on phone calls and administrative duties. By employing smart tracking and follow-ups for treatment plans, the system is expected to increase revenue by 25%. The company claims that its digital solution can save users up to 90 minutes daily, resulting in a 25% reduction in their daily workload. Consequently, dental professionals can focus more on patient care and less on paperwork.
GV and Partech’s involvement marks a significant endorsement of Roger’s potential to revolutionise the dental industry. Partech manages €2.5 billion in assets under management and has invested in firms such as Prolific, Skello, and Weglot, known for driving innovation and efficiency. GV, launched in 2009, has over $10 billion in assets and notable investments in Uber (NYSE:UBER), Nest, and Slack. This backing underscores the confidence in Roger’s innovative approach.
Investor Contributions and Strategies
Partech, a global tech investor with offices in Berlin, Dakar, Dubai, Nairobi, and San Francisco, focuses on B2B software, data & insights, and software-enabled services through its Partech Growth fund. The fund emphasises investing in companies that advance innovation and efficiency. GV, on the other hand, invests across diverse sectors including life sciences, consumer, enterprise, crypto, climate, and frontier technology. It has a robust investment portfolio featuring 400 active companies across North America and Europe.
The €7 million funding will enable Roger to expand its innovative healthcare solutions, making a significant impact on the dental industry. As more dental practices adopt Roger’s platform, the industry could see a shift towards more efficient, patient-focused care. The combination of advanced technology and smart investment indicates a promising future for the dental sector.
Roger’s recent capital raise highlights the growing trend of tech-driven innovation in healthcare. The seed funding will bolster the company’s ability to offer advanced solutions that streamline dental operations, enabling practitioners to deliver better patient care. This development represents a substantial step towards modernising an industry that has long relied on outdated practices.
