LightSpun Raises $13 Million Series

LightSpun, an AI-powered dental insurance administration platform, has raised $13 million in Series A funding led by Brewer Lane, with Virtue, Cambrian, and Industry Ventures participating. Rohan Malhotra of Brewer Lane and Sean Doolan of Virtue join the board. LightSpun’s total funding now stands at $18 million.

Nearly 300 million Americans rely on dental insurance, but claim processing still takes 15–60 days for routine procedures, with one in seven claims filed by paper or fax. About 18% of every premium dollar is lost to administrative overhead. These inefficiencies drive up costs and limit fast access for patients, dentists, and payers nationwide.

LightSpun’s AI-powered platform automates claims administration, benefits management, and provider onboarding and credentialing. Customers are now adjudicating over 90% of claims automatically, cutting administrative costs by half and reducing provider onboarding times from 45–60 days down to less than a week.

Over the past nine months, LightSpun has doubled its annual recurring revenue, expanded its client base by 80%+, added leading payers and DSOs (dental service organizations), and now manages more than 50% of dental providers across all 50 states.

The total addressable market for dental services stands at $400 billion a year, with 1.5 billion adults worldwide. Venture capital is zeroing in on this inefficiency: in 2024 alone, dental AI startups drew a record $145 million.

“Dental insurance runs on technology most businesses abandoned decades ago. That’s why it’s ripe for automation, and why the market opportunity for AI in dental is so compelling,” said Rohan Malhotra, lead investor and general partner at Brewer Lane. “LightSpun stands out not just for its tech, but for real traction solving administrative headaches for payers, group practices, DSOs, and the millions who just want faster, transparent, better care.”

LightSpun will use the new funding to accelerate its AI platform, expand engineering and product teams, simplify customer onboarding, and grow partnerships—helping more insurers and dental service groups benefit from AI-driven efficiency by the end of 2026.

“Outdated technology holds everyone back—from payers to dentists and patients. Every manual step means weeks of delays and wasted cost,” said LightSpun CEO & co-founder, Shaju Puthussery. “Our vision is better patient outcomes at a lower cost, powered by an AI-native health administration platform. We’re grateful for our investors’ support as we tackle the most invisible—and expensive—problem in healthcare.”

For more information, visit https://www.lightspun.com.