Brazilian healthtech Mevo raised a $20M Series B round led by Matrix, marking the fund’s first investment in Brazil. Jefferson River Capital also participated in the round.
Mevo will use the funds to hire new people, grow its customer base, and expand its software for independent physicians,
“There’s still plenty of room to grow, and this funding allows us to continue this expansion. We will grow our team and keep protecting our position in the industry,” said Pedro Dias, Mevo’s Co-Founder and CEO.
Mevo partners with hospitals and independent health professionals to provide online prescription software for physicians, offering access to prescription history, and operates a marketplace selling third-party and proprietary pharmacy products.
Founded in 2017, Mevo serves health professionals in over 1K hospitals in Brazil, including Rede D’Or, Kora Saúde, and Oncoclínicas.
Read more on Brazil Journal.