Brazil's Alice raises $40m led by IFC for AI-run health plan
The Brazilian corporate health plan operator says AI has cut its operational care costs by 18%.
Alice, a Brazilian corporate health plan operator, has raised a $40m Series D led by the International Finance Corporation, the World Bank Group's private sector arm, the company announced on 19 October.
Alice reports that AI has reduced operational care costs by 18%, waiting times by 12.5% and broker pricing time by up to 90%, according to Beinsure.
Germany's DEG and Finland's Finnfund joined existing investors Kaszek, ThornTree Capital and Canary.
Alice said annualised recurring revenue passed R$1.2bn for the first time this month, up about 70% on 2025, and that it serves more than 100,000 members. It is targeting R$2bn of revenue in 2027.
Related coverage: AI insurance broker i23 raises £4.9m seed round from UK investors and CoverGo raises $6m in Series B1 led by Betatron for AI-native core platform.
Sources
- Valor Pipeline, 19 October 2026 (Portuguese)
- Beinsure, 20 October 2026
- BNamericas, 19 October 2026
- Reuters, 21 December 2021
- Dealroom, 19 October 2026
CoverWire is a news and information service. Nothing here is investment advice.
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