# Zentist

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/zentist

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.zentist.io
- Total disclosed funding: $11M
- Latest round: Series A (Nov 15, 2019)
- Investors on record: 9

## About

Zentist, based in the US, operates as a fintech company that specializes in cloud-based revenue cycle management solutions specifically for dental support organizations and dental groups.Founded in 2015 and headquartered in San Francisco, US, Zentist provides revenue cycle management solutions for the dental industry. The company was established by Ato Kasymov and Paulina Song, with Ato Kasymov serving as CEO. Zentist has raised a total of USD 8.00 mn through its funding rounds, including a Series A round led by Costanoa Ventures, which occurred on April 1, 2023. The company has completed five deals to date.Zentist primarily offers cloud-based revenue cycle management (RCM) solutions tailored for dental support organizations (DSOs) and dental groups. Their flagship product, Remit AI, automates the management of electronic remittances (EOBs) and electronic fund transfers (EFTs), streamlining tasks such as payment posting, claim status updates, and denial management. By utilizing advanced artificial intelligence, Remit AI enhances efficiency by facilitating the swift categorization of denials and automating workflows, thus allowing dental practices to focus on patient care. The platform serves a diverse client base comprising hundreds of DSOs and thousands of dental practices across the United States, resolving challenges such as payment delays and operational inefficiencies.Zentist generates revenue primarily through a subscription-based model for its RCM solutions, specifically the Remit AI product. Clients engage in annual or monthly subscriptions, granting them access to the platform's suite of automated features and ongoing support. The structure of transactions typically involves B2B partnerships with DSOs and dental practices, where fees are based on the number of locations or transactions processed through the platform. This revenue model is supplemented by value-added services that may include training and implementation support for clients.In April 2023, Zentist raised an undisclosed amount of venture funding from new investor 500 Global. The company is focused on developing new features for its Remit AI product and plans to expand its services into new regions including the Midwest and Southeast by the end of 2024. Recent funding will support product enhancements and market expansion efforts.

## Funding rounds

- Series A, Nov 15, 2019, $8M — Point Nine, Costanoa Ventures, Commerce Ventures, Fika Ventures
- Seed, Mar 5, 2017, $2.9M — Founders Club, Kima Ventures, Point Nine, FJ Labs, Acurio Ventures
- Seed, Oct 21, 2015 — StartUp Health

## Investors

- StartUp Health (https://capitalatlas.ai/funds/startup-health) — Seed
- Founders Club — Seed
- Kima Ventures (https://capitalatlas.ai/funds/kima-ventures) — Seed
- Point Nine (https://capitalatlas.ai/funds/point-nine) — Seed, Series A
- FJ Labs (https://capitalatlas.ai/funds/fj-labs) — Seed
- Acurio Ventures (https://capitalatlas.ai/funds/acurio-ventures) — Seed
- Costanoa Ventures (https://capitalatlas.ai/funds/costanoa-ventures) — Series A
- Commerce Ventures (https://capitalatlas.ai/funds/commerce-ventures) — Series A
- Fika Ventures (https://capitalatlas.ai/funds/fika-ventures) — Series A