# BlueLight Analytics

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/bluelight-analytics

- Industry: Medical Devices & Equipment
- Headquarters: Halifax, Canada
- Website: www.bluelightanalytics.com
- Total disclosed funding: $3M
- Latest round: Series A (Nov 28, 2018)
- Investors on record: 2

## About

BlueLight Analytics Inc. specializes in enhancing dental curing light performance through innovative monitoring solutions. Their technology aims to improve effectiveness and reliability in dental restorative procedures, addressing industry challenges with real-time data.BlueLight Analytics Inc. was founded in 2009 in Halifax, Canada, and focuses on optimizing dental curing lights for better restorative outcomes. The company has successfully completed one funding round, raising USD 3.000 mn in Series A funding on November 28, 2018, led by CIC Capital, with additional investment from Innovacorp. Brad Rodgers serves as the CEO.BlueLight Analytics primarily offers solutions aimed at improving the efficacy and reliability of dental curing lights, which are critical tools used in various restorative dental procedures. Their flagship product, the CheckUp Smart Radiometer, was developed to provide real-time measurement and monitoring of curing light performance, ensuring optimal curing processes. This technology addresses significant issues in the industry, such as high rates of failed composite restorations, where over 4 million Class II composites fail within the first year of use. The company targets dental practices, dental support organizations (DSOs), and manufacturers within the dental sector, focusing on markets in North America and Europe. By empowering dental professionals with precise data and analytics, BlueLight enhances patient outcomes and operational efficiency in dental practices.BlueLight Analytics generates revenue through a combination of direct sales and subscription-based models, primarily offering its advanced technology solutions to dental practices and organizations. Clients engage with BlueLight to access the CheckUp Smart Radiometer and associated products, which allow for regular monitoring and maintenance of curing lights, thus minimizing treatment failures and improving patient satisfaction. The company’s business model is structured around B2B transactions, where dental practices purchase equipment and subscribe to ongoing software services for enhanced monitoring capabilities. Specific pricing plans for their offerings, including potential tiered subscription models, are tailored to meet the varied needs of dental practices and DSOs, reflecting the value of improved patient outcomes and reduced operational costs associated with effective curing light management.Following the recent Series A funding round completed in November 2018, BlueLight Analytics plans to leverage the USD 3.000 mn raised to develop new products aimed at further enhancing dental curing light solutions. The company is also looking to expand its market reach into new geographic regions, specifically targeting additional countries within Europe and expanding its presence in Asia by late 2023. These strategic initiatives will utilize the latest funding to support product development and market entry efforts.

## Funding rounds

- Series A, Nov 28, 2018, $3M — Invest Nova Scotia, CIC Capital

## Investors

- Invest Nova Scotia — Series A
- CIC Capital — Series A