QED Investors and Valor Capital have led a $26.7 million Series A funding round in Capim, a Fintech based in Sao Paolo, Brazil. The company launched in 2021.
The round included existing investors ONEVC, Canary, and NXTP, as well as new investors Endeavor, Saison, and Actyus.
Capim is a Fintech that enables payments and credit for clinics, specifically dental clinics. Capim claims to allow patients to pay bills more efficiently and eliminate manual payment submissions.
Credit analysis is integrated into the platform by consulting the main credit bureaus in Brazil while presenting payment options. Patients are given the option to pay for higher-cost treatments during a period of up to 36 months. The company says they are in use at over 4000 clinics supporting over 60,000 clients. Capim is a subscription service charging a monthly fee for its platform.
By automating much of the payments and financing process, Capim drives value for clinics by saving time and boosting revenue.
The new funding is expected to support the launch of the Capim POS terminal – an integrated payment solution within its SaaS offering – as well as the development of new AI-powered tools to optimize clinical operations.
QEC is a niche Fintech VC, having backed many very well-known names in financial services. The company has expanded into growing markets like Latin America and Asia as Fintech services grow.