Softbank leads $127 million funding round for Brazilian healthcare startup Alice

StepStone

21/12/2021 20:00

SAO PAULO, Dec 21 (Reuters) - Brazilian healthcare startup
Alice has raised $127 million in its series C funding round led
by Softbank Latin America Fund, the company said on Tuesday.
    Other investors include shareholders Kaszek Ventures and
ThornTree Capital Partners and new investors such as Allen &
Company LLC, G Squared, Globo Ventures and StepStone. 
    Other shareholders in Alice include Canary, Endeavor
Catalyst e Maya Capital. 
    Alice did not disclose its valuation in the round. CEO and
co-founder André Florence said the funds will be used to invest
in technology and services to companies interested in providing
healthcare to employees. 
    Paolo Passoni, director at Softbank Latin America Fund, said
less than 25% of Brazilians have access to private healthcare
and Alice is one of the companies trying to tackle the
healthcare problems. 
    The startup, focused in the Sao Paulo metropolitan area,
provides healthcare to around 6,000 people and has 10 hospitals
and 200 medical labs as partners. Alice recently acquired
startup Cuidas, focused in providing healthcare products to
companies. 

 (Reporting by Tatiana Bautzer
Editing by Mark Potter)
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