RecallMax

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RecallMax - overview

Location

Calgary, AB, Canada

Primary Industry

Software

About

RecallMax is a company that specializes in AI-powered productivity software designed for dental practices, enhancing operational efficiency and patient management through innovative technology solutions. RecallMax develops AI-driven productivity solutions specifically for dental practices, based in Calgary, Canada. The company was founded by Ron Barsotti, with Jeff Barsotti serving as CEO. In April 2021, TriWest Capital Partners acquired a stake in RecallMax, with management also participating in this transaction.


RecallMax's primary offerings include its AI-powered onscreen personal assistant and productivity software, which streamline operations, enhance patient outreach, and improve management for dental practices. Key features include automated patient scheduling through MaxAi, digital patient forms via GeniusForms, and analytics for performance tracking. The software also helps practices manage unscheduled treatments and fill cancellations, catering to a diverse client base of solo practices, group practices, and Dental Service Organizations (DSOs) mainly in the United States, with potential international expansion. RecallMax operates on a subscription-based revenue model, providing tailored pricing plans for dental practices.


The main products are MaxAssist Pro for single or dual-location practices, MaxAssist Enterprise for multi-location groups and DSOs, and MaxAssist Platinum for all practice sizes. The revenue structure involves direct-to-consumer sales, ensuring a consistent stream of income through subscriptions that include features like practice analytics and online booking capabilities. The company's recent funding round in April 2021 is intended to support its next growth phase. RecallMax aims to develop new products and expand into additional markets.


Specific new product releases are being designed, and there are plans to target broader geographical regions, although detailed timelines are not specified. The investment from TriWest Capital Partners will provide resources to enable these strategic initiatives.


Current Investors

TriWest Capital Partners

Primary Industry

Software

Sub Industries

Business Support Services, Software

Website

www.recallmax.com

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

RecallMax - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
BuyoutCompletedRecallMax-

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