Betterfly
Founded Year
2018Stage
Series C - II | AliveTotal Raised
$212.5MLast Raised
$10M | 8 mos agoAbout Betterfly
Betterfly offers a modular platform allowing human resource (HR) leaders to select their collaborators' benefits. It helps HR to set contracts according to the team's needs and preferences. It offers language courses, telemedicine, psychology, online veterinary, gift cards for different businesses, and more. It was formerly known as Burn to Give. It was founded in 2018 and is based in Santiago, Chile.
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Betterfly's Products & Differentiators
Better Benefits
a wellbeing membership platform that provides an all-in-one benefits package
Research containing Betterfly
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Betterfly in 3 CB Insights research briefs, most recently on Aug 16, 2022.
Expert Collections containing Betterfly
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Betterfly is included in 5 Expert Collections, including Unicorns- Billion Dollar Startups.
Unicorns- Billion Dollar Startups
1,214 items
Insurtech
2,822 items
Companies and startups that use of technology to improve core and ancillary insurance operations. Companies in this collection are creating new product architectures, improving underwriting models, accelerating claims and creating a better customer experience
Fintech
3,608 items
Excludes US-based companies
Health Plans & Benefits Management
744 items
Companies developing or offering digital platforms and services, including online insurance marketplaces, data analytics for claims adjustment, benefits administration, and payments systems, that help make private health insurance more affordable, navigable, or transparent.
Insurtech 50
50 items
Latest Betterfly News
Dec 5, 2022
The Chilean super app against food waste GoodMeal has received an investment from Cristobal Della Maggiora (Betterfly), Ian Lee (Examedi), and Eyal Shats (SimpliRoute). This is within the framework of GoodMeal’s crowdfunding campaign on Broota, where the company has already raised over $1M. Rodrigo Haydar, CEO, and co-founder of GoodMeal, shared that Della Maggiora and Shats were his mentors in Start-Up Chile. The startup was launched in 2020 to reduce food waste through technology. GoodMeal connects businesses that range from neighborhood stores to supermarket chains to users that buy lower-priced products that were not sold or that have an aesthetic defect. Since 2020, the startup has saved 950 tons of food, which translated into sales of over $1.5M with more than 1,100 associated businesses. GoodMeal is developing two new business lines. The first one is the delivery functionality: the startup closed an alliance with Uber Direct, Uber’s last-mile vertical to launch the GoodMeal Delivery option. The second one is working with dark stores. GoodMeal recently closed a partnership with Store Central, a company that works with the dark stores model. The goal is to launch a physical store to connect end consumers with producers and wholesalers who do not have points of sale
Betterfly Frequently Asked Questions (FAQ)
When was Betterfly founded?
Betterfly was founded in 2018.
Where is Betterfly's headquarters?
Betterfly's headquarters is located at Calle General Calderon 121, Santiago.
What is Betterfly's latest funding round?
Betterfly's latest funding round is Series C - II.
How much did Betterfly raise?
Betterfly raised a total of $212.5M.
Who are the investors of Betterfly?
Investors of Betterfly include QED Investors, DST Global, Greycroft, Lightrock, Glade Brook Capital and 11 more.
Who are Betterfly's competitors?
Competitors of Betterfly include Maxwell, Cobee, Cuentame, YuLife, Hibob and 13 more.
What products does Betterfly offer?
Betterfly's products include Better Benefits and 2 more.
Who are Betterfly's customers?
Customers of Betterfly include Samsung, Santander, AB Inbev, P&G and WOM.
Compare Betterfly to Competitors
Vitality operates as a global platform for behavior change and underpins the insurance products of insurers worldwide. The Vitality model, established by Discovery Limited in South Africa, has been incentivizing behavior change amongst leading insurers for over 25 years. Vitality combines behavioral economics, clinical science, and financial incentives to encourage and reward members for taking steps to improve their health. The model began with a focus on health and wellness, and has expanded to include short-term insurance, investments, and financial wellness. The company was formerly known as HumanaVitality. It is based in Chicago, Illinois.
Virgin Pulse provides digital health and well-being solutions. The company offers a home base for health, wellbeing, and health, and a partner ecosystem. It caters to employers, intermediaries, and insurers. The company was founded in 2004 and is based in Providence, Rhode Island.
dacadoo operates as a digital health engagement platform. It develops technology solutions for digital health engagement and health risk quantification. It measures and quantifies health with the Health Score. dacadoo is formerly known as QUENTIQ. It was founded in 2010 and is based in Zurich, Switzerland.
YuLife is an employee insurance, benefits, and rewards company. It offers group life insurance, group income protection, group critical illness, and more. The application enables employees to carry out activities such as walking or meditation and be rewarded with air miles, vouchers, and gift cards. It was founded in 2016 and is based in London, United Kingdom.
Coverflex provides a compensation process that helps companies to grow business and workforce management. Coverflex helps companies to manage every part of compensation such as salary benefits, insurance, meal allowance, and more. The company was founded in 2019 and is based in Lisbon, Portugal.
BiiB is a mobile app that aims to make running fun and safe to support the fast-growing sports and fitness demand in ASEAN by connecting runners.
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