#Brazil
Beep Saúde Lands Investment of $15 million from Lightsmith Group, CZI of Mark Zuckerberg and David Vélez of Nubank
Bronstein Zilberberg represented Beep Saúde and Cooley the investors
Beep Saúde Reaches BRL $1.2 Billion Valuation with this New Funding Round
Beep Saúde lands Investment for its rapidly growing Brazilian healthtech startup co-founded by Vander Corteze, and has achieved a valuation of BRL $1.2 billion following this latest funding round.
The company raised BRL $150 million in the round. The round was led by Lightsmith Group, a New York-based investment firm focused on sustainability and healthcare innovation. Other notable participants in the round included CZI (Chan Zuckerberg Initiative), the investment fund of Facebook founder Mark Zuckerberg and his wife Priscilla Chan, Actyus, and David Vélez, founder of Nubank.
Strategic Plans After Beep Saúde Lands its New Investment
This influx of capital will support Beep Saúde‘s continued expansion and cement its position as a leader in home healthcare services in Brazil.
With the funding Beep Saúde is expanding into the infusion therapy market, providing treatments such as intravenous antibiotics, hydration therapy, and chemotherapy directly in patients’ homes. This strategic move aligns with the company’s mission to offer comprehensive healthcare solutions in a more comfortable and accessible way. By bringing infusion therapy into patients’ homes, Beep Saúde is addressing the needs of those with chronic or severe conditions, offering an alternative to hospital visits while improving the overall patient experience.
The round will allow Beep Saúde to scale its operations and invest in its technological infrastructure to support its growing patient base.
Moreover, the involvement of high-profile investors such CZI and David Vélez underscores the increasing interest in innovative healthtech solutions that decentralize healthcare.
Furthermore, Beep Saúde’s move into home infusion therapy comes at a time when demand for home-based care is on the rise, providing a solution that eases the burden on hospitals while delivering high-quality care in familiar settings.
Beep Saúde envisions becoming a dominant player in home healthcare across Brazil. Through its consistent service expansion and focus on technology, the company is positioning itself to transform the Brazilian healthcare landscape.
The Esquires and the Firms Behind the Deal
Bronstein, Zilberberg, Chueiri & Potenza Advogados represented and acted as legal counsel to Beep Saúde.
Partner Eduardo Zilberberg led the Bronstein Zilberberg deal team with contribution from associates Fabio Baum, Victoria Auada and Rafaela Grossi.
Bronstein Zilberberg is a full service law firm based in São Paulo and is highly recognized as one of the top M&A Venture Capital law firms in the country.
Cooley LLP acted as U.S. counsel tothe investors.
Cooley LLP is a full service US Global law firm with headquarters in Palo Alto, California, and with 16 offices around the world.
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