LatamList – Pipo Saude, a Brazilian healthtech, raised a US $ 20M Series A round led by Thrive Capital. Other investors included Atlantico, Monashees, Kaszek, OneVC, and various angel investors.
Pipo Saude is a digital health platform that sells and manages benefits and provides companies with a health navigation platform for their employees.
The healthtech raised an initial round of $ 4.6M in June 2020 to expand its operations in Brazil, and now serves more than 100 corporate clients and around 15,000 people.
“COVID-19 has rapidly fueled the digital transformation of the healthcare system everywhere, but even more so in a place like Brazil, which was a few years behind the US when it comes to technology in space. health, “said Manoela Mitchell, co-founder and CEO.
The platform uses HMO and PPO integrations to speed up the new business onboarding process, reducing enrollment time from a typical 10 days to “less than an hour.” Pipo Saude’s clients include several Brazilian unicorns Madeira Madeira, Busery Funcional Health Tech.
With the new funding, the platform will continue to develop the platform’s technology, making new hires and launching a new digital product.