Bodytech, The second-largest gym company in Latin America, announced a strategic partnership with Trepsi, a healthtech company that provides daily support from certified nutritionists in Latin America. The main objective of this partnership is to democratize nutrition.
Gigliola Ayacardi, co-founder of BODYTECH, made the announcement through a press release:
“At BODYTECH, we have always been committed to the overall well-being of our members. We have been monitoring TREPSI’s activity for a few months now and have identified them as the perfect ally for our mission to remain leaders in the country as promoters of innovation for people’s well-being. Thanks to this alliance with TREPSI, we can offer broader and more affordable access to quality nutrition services. This collaboration will allow us to continue providing alternatives that contribute to the development of healthier habits in the region.”
Currently, Trepsi has more than 6,000 active patients and a network of 60 highly qualified nutritionists. With the recent investment from bodytech, Trepsi is ready to continue developing its product and expand its presence in the market. The goal is to have 20,000 users by the end of 2023.
In 2016, Bodytech raised an undisclosed amount in its Series B from Endeavor Catalyst and L Catterton. Meanwhile, Trepsi raised an undisclosed amount in its pre-seed stage.
In 2020, VC investment in Healthtech reached a total of US$99 million; and according to a recent study by the Inter-American Development Bank (IDB), it is estimated that the healthtech market in Latin America will reach US$20 billion by the year 2024.
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Why is it relevant for investment funds?
- After the Covid-19 pandemic, healthtech has shown steady growth between 2020 and 2024, becoming a market that, if precautions are heeded, proves lucrative for venture capital and venture debt.
- Investments in healthtech not only offer potential financial returns but also contribute to improving people’s quality of life and addressing public health challenges, providing additional value.
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With information from: Bodytech