# Livance Serviços de Apoio Administrativo

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/livance-servicos-de-apoio-administrativo

- Industry: Commercial Property
- Headquarters: Sao Paulo, Brazil
- Website: www.livance.com.br
- Total disclosed funding: $6M
- Latest round: Series A (Jul 1, 2021)
- Investors on record: 5

## About

Based in Brazil, Livance Serviços de Apoio Administrativo SA offers innovative administrative support services primarily for healthcare professionals, facilitating efficient practice management and flexible workspace solutions.Livance Serviços de Apoio Administrativo SA specializes in providing administrative support services tailored for healthcare professionals. Founded in 2017 in Sao Paulo, Brazil, the company has successfully completed 3 deals, with its most recent funding round occurring on November 28, 2023. Livance raised BRL 65 million in funding led by Monashees Capital, with participation from Cadonau Investimentos and Terracotta Ventures. The company was co-founded by Claudio Mifano, Fábio Soccol, and Gustavo Machado, with Claudio Mifano also serving as the CEO.Livance Consultórios focuses on offering flexible office solutions for healthcare practitioners, including physicians, nutritionists, and psychologists. Their key offerings involve coworking spaces that facilitate the establishment and management of consulting practices at minimal cost. Clients access office spaces in major Brazilian cities like São Paulo, Rio de Janeiro, and Campinas, supported by an app for appointment scheduling and management. Livance serves over 8,000 healthcare professionals, providing modern facilities equipped with essential services to enhance their practice effectiveness.In 2020, Livance reported a revenue of BRL 928,930,156.30, while the EBITDA for the same year was a loss of BRL 1,217,818,375.10. The company's revenue model is centered around a subscription-based system, offering healthcare professionals access to coworking spaces and administrative services for a monthly fee starting at R$ 178, while also charging for consultation appointment minutes.Following the funding round on November 28, 2023, Livance Serviços de Apoio Administrativo SA plans to utilize the BRL 65 million raised to support its expansion initiatives and enhance its technology platform. The company is focused on launching new products designed to streamline operations for healthcare providers and aims to expand its market presence into additional regions across Brazil. These strategic efforts are intended to be executed promptly to capitalize on the growing demand for flexible healthcare administrative solutions.

## Funding rounds

- Series A, Jul 1, 2021, $6M — Astella Investimentos, Jereissati Participacoes, Terracotta Ventures, Green Rock, Mago Capital

## Investors

- Astella Investimentos (https://capitalatlas.ai/funds/astella-investimentos) — Series A
- Jereissati Participacoes — Series A
- Terracotta Ventures (https://capitalatlas.ai/funds/terracotta-ventures) — Series A
- Green Rock (https://capitalatlas.ai/funds/green-rock) — Series A
- Mago Capital — Series A
