Traverse announced its investment in Columbus, Ohio-based Beam Dental, leading its $80M series E round. Beam uses AI and smart toothbrushes to help clients maximize the effectiveness of their coverage. They have streamlined the quoting process to make it easier and faster for brokerages to provide competitive quotes to prospective clients. Founded in 2012, Beam Dental has grown over 600% over the last three years and raised over $150M overall.

We are excited to add Beam to the portfolio. They have demonstrated growth, a disruptive value proposition, and an excellent team.