Chile-based Betterfly, which operates an online marketplace for beauty and wellness services Chilebased Betterfly 60m Softbank, has raised $60M in Series B funding from SoftBank. The round was led by SoftBank’s Latin American fund, with participation from existing investors such as Accel Partners and Kinecta Angels.
This brings the total amount of funding raised by Betterfly to $85M. With this latest injection of capital, Betterfly plans to expand its operations into new markets in Latin America and Asia. The company will also use the funds to improve its technology platform and grow its team.
Betterfly is just one of many startups that have benefited from SoftBank’s ever-growing pool of capital. However, it remains to be seen whether the Japanese conglomerate will be able to turn its massive investments into long-term profits.
Chilebased Betterfly 60m Softbank 2022
Chilebased betterfly raised 60m in a Series B round led by SoftBank’s Latin America Fund, with participation from existing investors quantitative easing and Endeavor Catalyst, valuing the startup at just under 1bn. The round, which brings betterfly’s total fundraising to date to 96m, comes as the covid-19 pandemic has spurred a surge in demand for digital health services.
Founded in 2013, betterfly offers an online platform that helps consumers find and book appointments with health and wellness providers, including physicians, personal trainers, and nutritionists. The company has also expanded into providing digital tools for providers, such as online scheduling and video consultations. Betterfly plans to use the new funding to accelerate its expansion into new markets, with a focus on Latin America.
The company is already present in Argentina, Brazil, Chile, Colombia, Mexico, Peru, and Uruguay. “The pandemic has shown us that there is a real need for our platform,” said betterfly CEO and co-founder Diego Lichtendecker. “With this investment from SoftBank, we will be able to continue growing our business and improving the lives of even more people.”
Chilebased Betterfly 60m Softbank 2021
Chilebased Betterfly 60m Softbank 2021. This company is based in Chile and offers a variety of services to its customers, including airfare, hotel accommodations, and car rentals. The company was founded in 2001 and has since grown to become one of the largest travel companies in the world.
In addition to its online presence, the company also has a brick-and-mortar office in Santiago, Chile. The company has been praised for its low prices and excellent customer service. In fact, it has been named one of the best companies to work for in Chile by Forbes magazine. If you’re looking for a reliable and affordable travel company, Chilebased Betterfly 60m Softbank 2021 is a great option.
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Chile based butterfly 60m softbank vision fund
In early 2019, SoftBank Vision Fund announced a $600 million investment in Chile-based Butterfly, a startup that uses AI to identify and track objects in video footage. The company has been working with the Chilean government to use its technology to improve the accuracy of electoral counts.
In addition, Butterfly has also partnered with the Tokyo 2020 Olympic Games Organizing Committee to help manage the event’s live broadcast coverage. With its latest infusion of capital, Butterfly plans to expand its team and continue developing its AI platform. Given the tremendous potential of its technology, it’s clear that SoftBank Vision Fund has placed a big bet on Butterfly’s future success.