What is Plan Forward?
Plan Forward offers a comprehensive solution designed for dental practices to create, manage, and optimize in-house membership plans. The platform empowers practices to define their own pricing structures and terms, thereby cultivating a predictable recurring revenue stream. This model also benefits uninsured patients by providing access to affordable dental care through transparent and straightforward plan options. The company's offering combines a robust software platform with dedicated customer support to assist practices in growing and sustaining their membership programs.
How much funding has Plan Forward raised?
Plan Forward has raised a total of $4M across 2 funding rounds:
Angel/Seed
$2M
Angel/Seed
$2M
Angel/Seed (2023): $2M with participation from Elevate Ventures, Revere Partners, and IU Ventures
Angel/Seed (2023): $2M led by IU Ventures, Elevate Ventures, and Revere Partners
Key Investors in Plan Forward
IU Ventures
IU Ventures provides investment opportunities in early-stage startup companies affiliated with Indiana University, aiming to generate social and economic impact. They offer various initiatives connecting investors, donors, and entrepreneurs.
Elevate Ventures
Elevate Ventures invests in cross-sector innovation-driven companies at Pre-Seed, Seed, and Series A stages in Indiana, providing funding and guidance to entrepreneurs with grit and creativity.
Revere Partners
Revere Partners LLC offers services for businesses and entrepreneurs, focusing on growth and development opportunities and emphasizing second chances for clients seeking to enhance their business ventures.
What's next for Plan Forward?
The recent major strategic investment signals a pivotal phase for Plan Forward, likely indicating a move towards scaling operations and enhancing its market penetration. With a focus on recurring revenue models for dental practices, the company is well-positioned to capitalize on the growing demand for accessible and affordable healthcare solutions. Future initiatives may involve expanding the software's capabilities, forging new partnerships within the dental industry, and potentially exploring adjacent markets that could benefit from similar membership plan management tools. The company's trajectory suggests a strong emphasis on sustainable growth and innovation.
See full Plan Forward company page