HomeUSAOsigu Holds First Close of US$25M Series B Funding

Osigu Holds First Close of US$25M Series B Funding

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Osigu, a Miami, FL-based provider of an AI-powered healthcare revenue cycle and claims management platform, raised US$25M in Series B funding.

The round was led by IDC Ventures, with Visa participating as a strategic investor.

The company intends to use the funds to payment solutions designed to support real-time payments, reducing the financial stress on healthcare providers by ensuring timely and accurate reimbursements.

Led by Fernando Botrán, Founder and CEO, Osigu is a provider of a digital, AI-powered, end-to-end revenue cycle and claims management platform in Latin America. Over the past decade, the company has built an infrastructure that connects key industry players, streamlining information flow and reducing errors through automation and AI. This approach has accelerated its expansion across key markets in the region, including Mexico, Central America, the Dominican Republic, Colombia, and recently, Brazil.

Providers will now be able to access payment data, understand payment timelines, and improve cash flow through automated processes, all while reducing errors and administrative costs.

FinSMEs

25/10/2024

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