Another Chilean startup is setting its sights on the Mexican market. Medismart, a digital health platform, raised US$6 million a few weeks ago in a funding round involving two international funds. Medismart will use the funds to finance its entry into the Mexican market as it continues its international expansion.
The startup launched in early 2020 as a telemedicine platform but expanded its services to areas such as obtaining prescriptions, medical test referrals, pharmacy price comparisons, and veterinary services, among others. It offers subscription-based medical services through personal or corporate plans. The company operates in Colombia and Bolivia and is entering the markets in Peru and Ecuador; it claims to have 2 million users. With fresh funding, its next big move is the Mexican market.