# Wisdom

> Wisdom is a New York-based AI-powered dental revenue cycle management platform that helps dental practices collect more from insurers, faster. Founded in 2023 by fintech veteran Stoyan Kenderov and billing expert Ashley Bond, Wisdom pairs proprietary AI with dedicated human billing teams to handle the full claims lifecycle — from insurance verification to denial appeals. The company has raised $28M in funding and reports that over 98% of clients see increased insurance billing revenues after joining.

- **Founded:** 2023
- **Headquarters:** New York, United States
- **Founders:** Stoyan Kenderov (Founder & CEO), Ashley Bond (Co-Founder & Chief Dental Billing Officer)
- **Team size:** ~86 employees
- **Products:** Insurance Claims Submission, Proactive Claims Follow-up, Insurance Verification, Insurance Payment Posting, Patient Billing
- **Notable:** Raised $28M total funding (Seed + Series A) within approximately two years of founding, Named Top Dental Billing Company by Healthcare Business Review (2025), Awarded 2025 Dental Innovator Award Silver Honoree by DentalIQ for AI-assisted Dental Billing Service

## Products & services

- **Insurance Claims Submission** — Daily submission of primary and secondary dental insurance claims within 24 hours of preparation, following Clean Claim guidelines to minimize rejections. Supports electronic, fax, and mail submission.
- **Proactive Claims Follow-up** — Systematic follow-up starting at 30 days, with comprehensive management every 14-21 days. Includes denial and appeal handling, EOB reviews, and ledger audits.
- **Insurance Verification** — Complete insurance eligibility breakdowns with all patient insurance details, updated fee schedules based on network contracts, and data entry directly into practice management software.
- **Insurance Payment Posting** — Electronic payment processing with EFT tracking, detailed reports with precise write-offs, and thorough tracking of all insurance payments.
- **Patient Billing** — Management of overdue patient balances through 5 statements, 3 letters, and 3 calls. Weekly statements with 30-day audits and targeted outreach for 60, 90, and 90+ day overdue accounts.
- **AI-Powered Claims Processing** — Proprietary AI tools for automated insurance eligibility checking, claims reading, processing, and preparation with near-perfect accuracy. Hybrid model combines AI analysis with expert human review to eliminate errors.
- **Claims Denial Management** — Expert handling of denied and rejected claims including root cause analysis, claims scrubbing, resubmission, and formal appeals to recover lost revenue.

## Achievements

- Raised $28M total funding (Seed + Series A) within approximately two years of founding
- Named Top Dental Billing Company by Healthcare Business Review (2025)
- Awarded 2025 Dental Innovator Award Silver Honoree by DentalIQ for AI-assisted Dental Billing Service
- Rated 4.9 out of 5 stars on Dental Product Shopper
- Net Promoter Score of 71 — well above the healthcare industry average
- Over 98% of clients report increased insurance billing revenues
- Collected hundreds of millions of dollars for dental practice clients
- Up to 50% reduction in 90+ day accounts receivable within first 6 months for clients

## Latest updates

- **2025-08** — Completed $21M Series A funding round led by Permanent Capital Ventures, with participation from Aquiline and Juxtapose. Announced plan to expand platform capabilities and team.
- **2025** — Won three major industry awards: Top Dental Billing Company (Healthcare Business Review), 2025 Dental Innovator Award Silver Honoree (DentalIQ), and additional industry recognition.
- **2025** — Publicly positioned as an AI-powered dental revenue cycle management platform, emphasizing proprietary AI technology with human expert oversight.
- **2023** — Founded by Stoyan Kenderov (ex-Plastiq COO, ex-Intuit) and Ashley Bond (founder of Bond Dental Billing) with $7M seed funding from Juxtapose.

## Links

- Website: https://withwisdom.com
- LinkedIn: https://www.linkedin.com/company/withwisdom
- Instagram: https://www.instagram.com/wisdom_dentalbilling/
- Facebook: https://www.facebook.com/wisdomdentalbilling

---

Profile page: https://yespress.io/wisdom
Published by YesPress — https://yespress.io
Last updated: 2026-05-18