Daydream automates dental insurance billing and recovers an average of $50,000 in additional take-home pay per dentist practice annually
Traus explains that Daydream uses AI to verify insurance, submit claims, and appeal denials for dentists, recovering an average of $50,000 per practice that was previously lost to insurance company tactics. ✦ AI generated
Traus · My First Million · 2026-08-17 · original ↗
starts at this moment · 38:44
“Explain what you do.”
Basically what we do is I don't know if you've ever been to the dentist or a doctor and gotten a bill from the insurance company and been like, you know, what actually is this? And that's because the insurance companies are trying to screw not only the patients over, but the doctor's over. And so, the reality is in order to get reimbured from the insurance company, the doctor has to do a bunch of administrative work and doctors hate it and they do a bad job. They lose money. My mom is a dentist. She's losing 10 to 15% of her money to these insurance companies... We fight the insurance companies and on average we add $50,000 take-home pay for every single dentist that uses us.
verbatim transcript · starts at 38:44
38:38adding a million dollars a month helping dentists automate back office tasks. >> All right, dude. I've been DMing you. >> We've been DMing. We've been in the DMs together. >> Yeah, we've been in the DMs. I love the name of the company and then I saw you were doing something for dentists and I was like that's so smart. I think I tried to invest or something. I was like
38:52this is you I I do these like cold outreach to invest off of no information just like a Twitter bio or like two tweets and that's what I think I did with you. >> That's great. That means my Twitter's working. >> Yes, it's working. >> There you go. I got you. >> All right. So, you kind of already started with the big number. You said let's say it again slower. So, you said
39:08so we're adding a million dollars a month in ARR every single month >> across a bunch of dentists. >> Yeah. Across a bunch. explain [clears throat] what you do though. >> Yeah. So, basically what we do is I don't know if you've ever been to the dentist or a doctor and gotten a bill from the insurance company and been like, you know, what actually is this? Right. And that's because the insurance
39:24companies are trying to screw not only the patients over, but the doctor's over. And so, the reality is in order to get reimbured from the insurance company, the doctor has to do a bunch of administrative work >> and doctors hate it and they do a bad job. They lose money. My mom is a dentist. She's losing 10 to 15% of her money to these insurance companies. So,
39:39I was like, what if I could automate this process of dealing with the insurance companies? So verify insurance to say, "Hey, this is what Sean's insurance is going to cover." We submit the claim. We appeal the denial because guess what? They love denying these claims. And then we do all the bookkeeping when the money does come in. And in exchange, the doctors pay us a small percentage of every dollar they
39:55>> So it's like AI like negotiating with the >> insurance companies. Yeah. Exactly. So we have AI calling the insurance company to get the status of these claims, AI submitting the claims, >> and AI voice being like, "Hey, you did not approve this. Why not? Here's why you should." Exactly. >> Well, the funny thing is on their side, they also have AI. And so there normally it's a war of attrition. It's like
40:13they're gonna you have to wait to hear the menu, then you have to say the number, then they didn't understand it, but it's like let's let my robot talk to your robot all day. >> Exactly. And you know what I always tell the insurance companies? I'm like, yo, you're spending a lot of money, we're spending a lot of money. What if you just gave us the data in an API? But