Betterfly Chile SpA

InternetSeries CSantiago, Chilegobetterfly.com

Latest round

Series C

Last raised

Feb 2022

Total raised

$203M

Investors

15

About Betterfly Chile SpA

Betterfly Chile SpA provides a wellness and insurance platform that allows companies to customize their employees' benefits.Betterfly offers an all-in-one wellness and insurance platform tailored to enhance employee health and engagement. The core product allows employees to personalize their insurance and wellness benefits according to individual preferences, promoting flexible coverage options. The platform incentivizes healthy habits through a gamified experience, where users participate in challenges that generate rewards for every positive action taken. These actions translate into donations for NGOs worldwide, allowing employees to directly contribute to social causes.Betterfly generates revenue through a subscription-based model that allows companies to manage their employees' wellness and insurance plans effectively. Clients pay a monthly fee for access to the platform, enabling customization of employee benefits without the need for medical exams or extensive paperwork. This subscription model supports ongoing engagement with the platform, allowing organizations to adjust their coverage plans according to their evolving needs. Additionally, Betterfly’s unique offering of converting healthy habits into donations creates a distinct value proposition for businesses looking to invest in employee wellness while making a measurable social impact. The company aims to expand into new markets, focusing on regions including additional Latin American countries and further into Europe and the United States by 2023.

Who invested in Betterfly Chile SpA

15 investors across 4 rounds

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Funding rounds

  1. Series C

    Feb 1, 2022

    Amount

    $125M

    Investors

    Locked

  2. Series B

    Jun 16, 2021

    Amount

    $60M

    Investors

    Locked

  3. Series A

    Dec 30, 2020

    Amount

    $9M

    Investors

    Locked

  4. Series A

    Jul 18, 2020

    Amount

    $8.5M

    Investors

    Locked

Questions about Betterfly Chile SpA

Who invested in Betterfly Chile SpA?

Betterfly Chile SpA has 15 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Betterfly Chile SpA raised?

Betterfly Chile SpA has raised 4 venture rounds. Sign up free to see how much each round raised and the total.

When did Betterfly Chile SpA last raise money?

Betterfly Chile SpA's most recent round on record is a Series C, in Feb 2022.

What does Betterfly Chile SpA do?

Betterfly Chile SpA provides a wellness and insurance platform that allows companies to customize their employees' benefits.

Where is Betterfly Chile SpA headquartered?

Betterfly Chile SpA is headquartered in Santiago, Chile.

Which VCs invest in companies like Betterfly Chile SpA?

Among active investors with capital left to deploy, Crescera Capital, Apex Group, Kaszek Ventures and TMF Group back internet companies at Betterfly Chile SpA's stage. Their profiles are linked below.

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