Mexican health tech platform Welbe Care raises $5 million to scale

Mexico-based health tech company Welbe has secured $5 million in a seed round led by Volpe Capital and Nazca, with participation from SVLC, Kortex, and GreenRock.

The last time we wrote about the company in May, it had raised $3 million in pre-seed funding to improve its telemedicine technology, recruit more medical talents and scale its services.

Welbe was founded in 2021 by Eduardo Medeiros and Marcus Paiva and has teams in several Mexican cities as well as Sao Paulo, Brazil. Welbe provides companies and their employees access to comprehensive occupational medicine and health services through its platform, which utilizes data technology and artificial intelligence to create comprehensive health programs for employees.

In addition, employees and their families can access check-ups, face-to-face or virtual medical consultations in up to seven different specialities, and laboratory tests. Welbe charges companies from $20 to $150 per employee, depending on the plan.

The company has experienced rapid growth since its inception in January 2022, onboarding clients from various industries. The startup has partnerships with over 33,000 physicians in the country and works with many of the major laboratories.

The funding will be used to expand Welbe's presence in Mexico, enhance its data technology, and increase the number of users on its platform to more than 250,000.

Welbe's goal is to solidify its position in the Mexican market and become the corporate occupational health and wellness benefits program management benchmark by 2023.