Flossy Announces Strategic Equity Round Led by Forecast Labs to Expand Access to Affordable Dental Care
Summary
LOS ANGELES, May 6, 2024 /PRNewswire/ -- , a company bringing high quality, affordable dental care to everyone, today announced that it has closed a new equity round with , a consumer venture group within Comcast NBCUniversal. When dental issues arise, these groups historically had to choose between paying 100% of expensive procedure fees out of pocket or forgo treatment altogether, which can lead to even more health problems like heart attacks and strokes. A recent showed that patients who go to the emergency room to treat preventable dental conditions cost taxpayers, hospitals, and the government about $2 billion a year. "With dental insurance plans being confusing and costly, and tens of millions going without any coverage at all, far too many Americans are having to choose between their health and their financial wellbeing," said Miles Beckett, co-founder and CEO of Flossy. We are really excited about how Flossy has built a scalable and patient friendly business that can help reduce the cost of dental care, for millions of Americans, regardless of their insurance status."