Boston-based LightSpun, an InsurTech platform formerly known as 32Health, has raised $13m in Series A funding to expand its AI-powered dental insurance administration platform.
The round was led by Brewer Lane with participation from Virtue, Cambrian, and Industry Ventures, according to InsurTech Insights.
As part of the deal, Brewer Lane’s Rohan Malhotra and Virtue’s Sean Doolan will join LightSpun’s board. The funding brings the company’s total raised to $18m.
LightSpun’s technology automates claims processing, benefits management, and provider onboarding.
The firm says its customers are reducing administrative costs by half, achieving more than 90% claims auto-adjudication, and cutting provider onboarding times from 60 days to under a week. Over 175,000 dental providers are already processed through its platform.
The company said the funds will be used to expand engineering and product teams, speed up platform development, and grow insurer and dental service organisation partnerships through 2026.
The new round follows a collaboration with the American Dental Association to launch AI-based credentialing nationwide.
Rohan Malhotra, general partner at Brewer Lane, said, “Dental insurance runs on infrastructure that most businesses abandoned decades ago. LightSpun stands out not just for its AI platform, but for real traction solving administrative headaches for payers, group practices, DSOs, and the millions who just want faster, transparent, better care.”
LightSpun CEO and co-founder Shaju Puthussery added: “Outdated technology holds everyone back, from payers to dentists and patients. Our vision is better patient outcomes at a lower cost, powered by an AI-native health administration platform.”
The firm previously raised $5m before closing this latest round.
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