LatAm List – GESTO is a Brazilian startup that uses big data to generate intelligence about health benefits management, a significant challenge in a large country with a complex healthcare system. The company recently announced an undisclosed Series B investment led by Redpoint eVentures, who will join DGF Ventures as shareholders in GESTO.
Endeavor Catalyst also participated in the round to support CEO Fabiana Salles, who is a member of Endeavor Brazil. GESTO plans to triple their business in the next three years using this investment.
Redpoint eVentures partner Manoel Lemos commented: “We believe that GESTO is attacking one of the biggest problems in Brazil. Its long history, connecting technology and data science with deep knowledge of the health market, represents the kind of solution we like to support. In addition, the founders have the resilience and focus needed to thrive in this complex environment.”
Over the past 16 years, GESTO has worked to help hospitals manage their business plans more efficiently, working with over 100 clients that manage the healthcare of over 6 million people.
Read more in the press release on LAVCA.