edtech sanar raises us$11 million to ensure healthcare professionals stay updated
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Contxto – Even when you “grow up,” school is never really over. Especially if you’re in the healthcare sector.
Docs, nurses, and other medical professionals need the latest updates to offer the best care possible. Just the same, medical students need reliable information to ace those tests and become the best professionals they can be.
For them, Brazilian edtech for healthcare providers at Sanar recently closed an investment for R$60 million (around US$11.5 million). This is its Series B round and was co-led by DNA Capital alongside Valor Capital.
Sanar will use these funds to improve the way its platform captures and builds its database of healthcare knowledge.
Brazil, a promise for healthtechs
Healthtechs have gained a lot of attention as of late, courtesy of coronavirus (Covid-19). However, this isn’t just a fad, especially for the startup ecosystem in Brazil. Healthtechs there have been popping up like daisies for a while there.
For Brazilian Consulting Firm, KPMG & Distrito Leap, the number of these startups in Brazil has been growing for some time now. In 2014, there were around 160 in the country. By 2019, it had increased to 386.
- Related article: 9 Argentine HealthTech startups digitizing the medical industry
And rightly so, given the size of its population, the country has a lot of healthcare ground to cover.
Healthcare by the numbers: As of May 2015 there were 77,000 public hospitals and 200,000 private ones. Likewise, in 2017 there were around 461,655 doctors in Brazil.
Can you guess where the majority of these private hospitals and doctors are found?
That’s right, mainly in the southeastern region where the larger cities like São Paulo and Rio de Janeiro. Meanwhile, Northern Brazil only accounts for 4.5 percent of its doctors because of the presence of the Amazon rainforest.
What these numbers mean: telemedicine startups will continue to rise and raise funding due to these geographical discrepancies. And because many users are tapping into this type of technology because of Covid-19, remote healthcare is gaining a foothold that will outlast the pandemic.
Or so investors hope.
Related articles: Tech and startups from Brazil!
-ML
