Alice raises $127m Series C led by SoftBank Latin America Fund
The December 2021 financing supported technology development and corporate healthcare services.
Alice announced a $127 million Series C on December 21, 2021, led by SoftBank Latin America Fund. Kaszek Ventures and ThornTree Capital Partners returned, alongside new investors Allen & Company, G Squared, Globo Ventures and StepStone.
The company planned to invest in its technology and services for employers providing healthcare to staff. Its model combined digital access, primary care and coordination across a provider network, aiming to manage members’ health over time.
At the announcement, Alice served around 6,000 people in the São Paulo area. The company’s own release put its cumulative funding at $174.8 million after the round.
Use of funds
Develop technology
Expand corporate healthcare services