Osana Salud, an Argentina-based healthcare startup seeking to frame an API-linked healthcare system, has secured US$ 20 million in a Series A funding round led by General Catalyst on 31 August 2021.
Investors: The latest investment round featured General Catalyst as the lead investor with participation from Coelius Capital. The firm has managed to raise, in total, US$ 27.4 million to date.
Purpose of the funding: The startup intends to deploy the proceeds from the investment round towards increasing the pace of its product roadmap and expanding to other markets such as Brazil and Mexico.
About Osana Salud
Brought to existence in 2019 by Andres Lawson, Charu Sharma, Hugo Martin and Jorge Lopez, Osana Salud aims to structure an API-linked network to aid Latin America’s healthcare domain to deliver a more convenient and valuable patient experience. Presently, it concentrates on generating solutions for the pharmaceutical, diagnostics and telehealth industries. The firm envisages employing its technology to the maximum potential to offer cost-effective healthcare services to all the people residing in Latin America. Osana’s team size has increased from four to nearly 50 members over the previous eight months. It anticipates expanding and reaching 250 personnel in the coming year. The company claims to have witnessed a dramatic rise in customers, owing to the shifts in consumer tastes after the pandemic.
What the Founder has to say: “We at Osana Salud dream of bolstering the healthcare offerors of tomorrow in creating patient-focused services with the ability to affect the healthcare practices and results for every person favourably. The pandemic raised the exigency for healthcare suppliers, leading to quite small sales cycles for Osana.”- Andres Lawson, Founder and CEO of Osana Salud.
What the Investor has to say: “Osana’s vision related to healthcare runs parallel with ours. Latin America’s healthcare infrastructure landscape is majorly in pieces. It implies a majority of the software sellers are local MSMEs, who are incapable of spreading across other Latin American nations. However, Osana brings a wide range of personalized and modular solutions for such suppliers, including the pharmaceutical domain, to formulate real individualized experiences irrespective of the geography. It has a huge potential to become an influential unifier in a highly impaired industry.”- Hemant Taneja, Managing Director at General Catalyst.
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