Brazilian healthtech Alice raises $33 mln in new funding round
SAO PAULO, Feb 11 (Reuters) - Brazilian healthcare andtechnology startup Alice raised $33 million in a new fundinground, it said in a statement on Thursday.
The new round is led by Boston-based venture capital firmThornTree Capital Partners, alongside Alice's existing investorsKaszek Ventures, Canary and Maya Capital. Endeavor Catalyst alsoinvested in the company for the first time now.
The startup, which currently has 1,100 clients, will use theproceeds to hire more employees, launch new products and strikepartnerships.
Founded last year by three former partners of Brazilianride-hailing service 99, Alice offers healthcare insurancedirectly to individuals, a service few providers sell in thecountry because prices are regulated by healthcare watchdog ANS.
Alice plans to challenge the status quo by using bothtelemedicine and in-person appointments. It also intends to helpclients prevent illnesses by using a team of health specialistswhich is in constant contact with users.
(Reporting by Carolina MandlEditing by Marguerita Choy)