Healthtech investors backing São Paulo startups in 2026

13 June 2026·6 min read

13 investors back São Paulo healthtech in 2026. Brazil's huge health market drives demand. Local health funds, global players, and development banks all back the sector.

Brazil runs a vast private and public health market, and a growing layer of healthtech is being built directly on top of it. São Paulo holds most of those startups by a wide margin, making it the clear hub that leads the rest of the country.

Local health funds and global players back the sector side by side, while development banks add the patient, long-term money that health takes. Health rounds demand careful proof at every step, so Ellty keeps your files in one tracked room where each fund's activity stays visible.

TypeCheck sizeSector focusWebsite
DNA CapitalHealth-focused VCMulti-stage chequesCare delivery, digital healthdnacapital.com
Kortex VenturesHealth CVCUS$1M-$5MDiagnostics, digital healthFleury and Sabin venture arm
Vox CapitalImpact VC (health)Seed cheques, R$Health, education, inclusionvoxcapital.com.br
Aggir VenturesHealth VCSeed to Series AHealthtech, care deliveryaggirventures.com.br
Positive VenturesImpact VC (health)US$250K-$1.5MHealthtech, biotech, climatepositive.ventures
Saúde VenturesHealth venture builderVenture-builder scaleHealth value chainsaudeventures.com.br
Eurofarma VenturesPharma CVCUp to ~US$100M totalBiotech, drug discoveryeurofarma.com
Crescera CapitalGrowth PE (health)PE-scale chequesHealthcare services, growthcrescera.com
Mindset VenturesCross-border VCUS$200K-$1MB2B health, AImindset.ventures
Chan Zuckerberg InitiativeGlobal investorLarge growth chequesHealth access, care deliverychanzuckerberg.com
TemasekGlobal investorLarge chequesDigital health, growthtemasek.com.sg
IDB InvestDevelopment bankUp to ~US$12M equityHealth access, care deliveryidbinvest.org
KaszekLocal VCUS$1M-$25M+Health insurtech, broad techkaszek.com

Keep your health data room ready for every fund

Healthtech funds dig into your trials, data, and rules. Ellty logs every view so you know who is serious before the call.

Start free 14-day trial

What a healthtech investor backs

A healthtech investor backs real outcomes, looking for hard proof that patients actually benefit from what you have built. They dig into your trials, your data, and the rules you operate under, since regulation shapes the shape and pace of every deal.

Above all they want to see a clear care need that your product meets, and most will run a real venture capital check before they commit. Ellty gives each fund one tracked link to your room, so you can see who read your data first and who is still waiting.

1,200+
Active healthtechs in Brazil
São Paulo holds about 49%
US$254M
LatAm healthtech investment, 2024
Up about 38% on the year
~2/3
LatAm healthtechs based in Brazil
The region's clear leader
+70%
Alice revenue growth in 2024
A São Paulo health insurtech
We built a complete health model that starts with primary care and adds data, technology, and care coordination, guiding each person's health journey to better outcomes.
Andre Florence, CEO of Alice, 2025

13 São Paulo healthtech investors

1. DNA Capital

DNA Capital is Brazil's leading health investor.

Recent Activity: Co-led e-prescription firm Memed's round

Sector Focus: Care delivery, digital health

Stage Focus: Early to growth

Check Size: Multi-stage cheques

Location: São Paulo

Website: dnacapital.com

2. Kortex Ventures

Kortex is backed by diagnostics and insurer groups.

Recent Activity: Backed CAVEO and Huna in 2025

LinkedIn: Kortex Ventures LinkedIn

Sector Focus: Diagnostics, digital health

Stage Focus: Seed, Series A

Check Size: US$1M-$5M

Location: São Paulo

Website: Fleury and Sabin venture arm

3. Vox Capital

Vox backs Conexa, Nilo, and other healthtechs.

Recent Activity: Backs Conexa, Nilo, and Mevo

LinkedIn: Vox Capital LinkedIn

Sector Focus: Health, education, inclusion

Stage Focus: Seed, early

Check Size: Seed cheques, R$

Location: São Paulo

Website: voxcapital.com.br

4. Aggir Ventures

Aggir is a health-dedicated VC with insurer backing.

Recent Activity: Co-invested in pharmacy startup Covalenty

Sector Focus: Healthtech, care delivery

Stage Focus: Seed, Series A

Check Size: Seed to Series A

Location: Rio de Janeiro

Website: aggirventures.com.br

5. Positive Ventures

Positive backs health among its impact bets.

Recent Activity: Backs health among impact bets

LinkedIn: Positive Ventures LinkedIn

Sector Focus: Healthtech, biotech, climate

Stage Focus: Pre-seed, seed

Check Size: US$250K-$1.5M

Location: São Paulo

Website: positive.ventures

6. Saúde Ventures

Saúde Ventures is Brazil's first health venture builder.

Recent Activity: Brazil's first health venture builder

LinkedIn: Saúde Ventures LinkedIn

Sector Focus: Health value chain

Stage Focus: Pre-seed, seed

Check Size: Venture-builder scale

Location: São Paulo

Website: saudeventures.com.br

Share one link with every São Paulo health fund

Ellty shows when a fund opens your data. Follow up at the right moment, not days later.

Start free 14-day trial

7. Eurofarma Ventures

Eurofarma backs early biotech and drug discovery.

Recent Activity: Committed up to US$100M to biotech

Sector Focus: Biotech, drug discovery

Stage Focus: Early stage

Check Size: Up to ~US$100M total

Location: São Paulo

Website: eurofarma.com

8. Crescera Capital

Crescera built hospital group Hospital Care.

Recent Activity: Built hospital group Hospital Care

LinkedIn: Crescera Capital LinkedIn

Sector Focus: Healthcare services, growth

Stage Focus: Growth, PE

Check Size: PE-scale cheques

Location: Rio de Janeiro

Website: crescera.com

9. Mindset Ventures

Mindset backs health AI like DiA Imaging.

Recent Activity: Backs health AI like DiA Imaging

Sector Focus: B2B health, AI

Stage Focus: Early stage

Check Size: US$200K-$1M

Location: São Paulo

Website: mindset.ventures

10. Chan Zuckerberg Initiative

CZI led home-health firm Beep Saúde's round.

Recent Activity: Led home-health firm Beep Saúde's round

LinkedIn: Chan Zuckerberg Initiative LinkedIn

Sector Focus: Health access, care delivery

Stage Focus: Growth

Check Size: Large growth cheques

Location: Palo Alto

Website: chanzuckerberg.com

11. Temasek

Temasek co-led e-prescription firm Memed's round.

Recent Activity: Co-led e-prescription firm Memed's round

LinkedIn: Temasek LinkedIn

Sector Focus: Digital health, growth

Stage Focus: Growth

Check Size: Large cheques

Location: Singapore

Website: temasek.com.sg

12. IDB Invest

IDB Invest backed clinic chain Dr. Consulta.

Recent Activity: Backed clinic chain Dr. Consulta

LinkedIn: IDB Invest LinkedIn

Sector Focus: Health access, care delivery

Stage Focus: Growth, debt and equity

Check Size: Up to ~US$12M equity

Location: Washington DC

Website: idbinvest.org

13. Kaszek

Kaszek backed health insurtech Alice.

Recent Activity: Backed health insurtech Alice

LinkedIn: Kaszek LinkedIn

Sector Focus: Health insurtech, broad tech

Stage Focus: Seed to growth

Check Size: US$1M-$25M+

Location: São Paulo

Website: kaszek.com

Why Brazil healthtech is big

Brazil spends heavily on private health, and that steady demand pulls a deep pipeline of startups into the market. Telemedicine took off sharply after 2020, and care delivery scaled right alongside it as patients grew used to seeing a doctor on a screen.

Health funds now back the sector with real conviction, and new startups launch every year to meet the gaps that remain. Ellty keeps your health data ready for each of those funds, and you can read our São Paulo AI investors guide for an adjacent slice of the market.

Where the health money goes

Care delivery and insurtech lead the field, and profitable models are the ones winning funding in this cycle. Telemedicine and diagnostics keep growing, while e-prescription scaled fast enough to pull serious investor attention of its own.

Health data is highly sensitive, so lock it down with granular permissions that fit each relationship. Ellty logs who opened each file and when, leaving you in full control of exactly what every fund gets to see.

From a health idea to a funded round

A first round funds your pilot, and the round after that is what funds real care at scale. Keep a tight pitch deck ready for funds, and let your patient outcomes carry the story rather than the slides.

Read our due diligence for investors guide so you know exactly what each fund will ask before they ask it. Learn how to prepare for due diligence early, and let Ellty log who opened each file and when so your follow-ups land on time.

How to pitch a healthtech investor

Lead with a real patient outcome.

  1. 1.
    Lead with a real patient outcome.
    Open with the measurable change your product makes for patients, not the technology behind it. A concrete care result earns attention faster than any feature list.
  2. 2.
    Map your path through the rules.
    Health funds want a safe, credible route through regulation before they commit a cheque. Show that you understand the approvals ahead and have a plan to clear each one.
  3. 3.
    Share one Ellty link to your data.
    Send each fund a single trackable link instead of scattering files across email threads. Ellty keeps every document in one room and shows you who opened what.
  4. 4.
    Follow up the day a fund digs in.
    Reach out the moment a fund starts reading your trial data, while their interest is still warm. Ellty shows you that exact moment so your timing is never a guess.

How Ellty helps you land a healthtech investor in São Paulo

You've shortlisted your São Paulo healthtech investors. Set up a data room before the first call.

  1. 1.
    Upload your trial data, deck, and plan.
    Set access per fund or partner.
    Upload file in data room
  2. 2.
    Share one trackable link with each fund.
    Each fund gets its own link.
    Set permissions data room
  3. 3.
    Watch opens and follow up on time.
    Use analytics to time each nudge.
    Analytics data room
Start free 14-day trial

São Paulo healthtech investor questions

Who funds healthtech in São Paulo?
Health funds like DNA and Kortex. Global funds and DFIs too.
Why is Brazil big for healthtech?
It has a huge private-health market. Demand pulls in startups.
How much do health VCs invest?
Seed runs to a few million. Growth rounds reach much higher.
What healthtech wins funding now?
Care delivery and insurtech lead. Profitable models win.
What do healthtech investors want?
Real patient outcomes and data. A clear path through the rules.
When should I set up an Ellty data room?
Before your first investor call. Track who opens your trial data.

Author

Internal team behind the product.

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