About Betterfly
Betterfly is a company based in Santiago (Chile) founded in 2018 by Cristobal Della Maggiora and Eduardo Della Maggiora. Betterfly has raised $202.5 million across 5 funding rounds from investors including SoftBank Group, Lightrock and Katapult. Betterfly has completed 6 acquisitions, including Flexoh, Kunder and MyCabbage. Betterfly offers products and services including Insurance Platform, Gamified Health App, Benefits Management Tool, and Analytics Dashboard. Betterfly operates in a competitive market with competitors including Hinge Health, Practo, Accolade, Sharecare and Spendesk, among others.
- Headquarter Santiago, Chile
- Founders Cristobal Della Maggiora, Eduardo Della Maggiora
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Sectors
TechnologyHealthcare
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Email
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$202.5 M (USD)
in 5 rounds
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Latest Funding Round
$125 M (USD), Series C
Feb 01, 2022
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Investors
SoftBank Group
& 12 more
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Employee Count
Not available
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Investments & Acquisitions
Flexoh
& 5 more
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Products & Services of Betterfly
Betterfly offers a comprehensive portfolio of products and services, including Insurance Platform, Gamified Health App, Benefits Management Tool, and Analytics Dashboard.
Platform for customizable employee health and life insurance plans.
App that rewards healthy habits through gamification and incentives.
Tool for managing rewards, discounts, and community building.
Dashboard providing reports on health habits and ESG metrics.
People of Betterfly
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Funding Insights of Betterfly
Betterfly has successfully raised a total of $202.5M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $125 million completed in February 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Betterfly
Betterfly has secured backing from 13 investors, including venture fund and institutional investors. Prominent investors backing the company include SoftBank Group, Lightrock and Katapult.
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Growth equity is provided to private internet and software companies.
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Multiple sectors are targeted for venture capital investments by Greycroft.
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Investments are directed toward growth-stage companies generating scalable impact.
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Investor details for Betterfly
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Betterfly
Betterfly has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include Flexoh, Kunder and MyCabbage.
Investment portfolio details for Betterfly
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Coupon-based loyalty solutions are provided via an online platform.
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Online on demand pay solutions for employees
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Employee benefit services are provided to companies by Flexoh.
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Complete acquisition details for Betterfly
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Financial Statements - Betterfly
Detailed financials for Betterfly
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Betterfly Comparisons
Peer comparison for Betterfly
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- Named peers
- Headcount comparison
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Competitors of Betterfly
Betterfly operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Hinge Health, Practo, Accolade, Sharecare and Spendesk, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Virtual physical therapy and digital pain care solutions are provided.
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Doctor appointments are booked and healthcare professionals are consulted online.
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Employee health benefits are facilitated via a cloud-based platform.
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Health and wellness social network for employees is provided.
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Provider of prepaid cards for financial benefits of employees
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Detailed competitors of Betterfly
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Latest news on Betterfly
Complete news archive for Betterfly
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Frequently Asked Questions about Betterfly
Betterfly was founded in 2018.
Betterfly is headquartered in Santiago, Chile. It is registered at Santiago, Region Metropolitana De Santiago, Chile.
Eduardo Della Maggiora is the current CEO of Betterfly. They have also founded this company.
Betterfly is a funded company, having raised a total of $202.5M across 5 funding rounds to date.
Platform offering employee health and well being solutions. It provides a solutions to reward excellent behavior with life insurance and real time employee reporting to HR for employee perks, business wellness, and social responsibility initiatives. It also offers features such as telemedicine, charitable contributions, life and disability insurance, platforms for investments and savings, legal advice, fitness and meditation applications, financial and wellness education, and more.
Betterfly's top competitors include Accolade, Hinge Health and Wellhub.
Betterfly offers Insurance Platform, Gamified Health App, Benefits Management Tool, and Analytics Dashboard.
Betterfly has 13 investors. Key investors include SoftBank Group, Lightrock, Katapult, Glade Brook Capital, and Greycroft.