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Mevo Raises $19 Million Series B Funding, Led by Matrix, to Scale Digital Prescriptions in Brazil, Bringing a Modern Experience to Customers and Creating More Access to Healthcare [Yahoo! ...
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SÃO PAULO Sept. 19, 2024 /PRNewswire/ -- Mevo a leading digital prescription platform in Brazil , today announced it has raised $19M USD $110M BRL) in new venture funding. Mevo allows patients to easily access their prescriptions and purchase medications through a user-friendly mobile interface. The round was led by Matrix , with participation from Jefferson River Capital (former Blackstone President and current Costco chairman, Tony James' family office). Mevo had raised a SAFE in December 2023 in preparation for its Series B, which has now been converted, and was anchored by current investor Floating Point, with the participation of other current investors, including IKJ Capital . Notable new investors include Elliot Cohen , former Amazon Pharmacy leader and PillPack cofounder. TJ Parker, Partner at Matrix Partners and fellow cofounder of PillPack (acquired by Amazon), will join Mevo's board of directors. Prior to Mevo's launch, prescriptions in Brazil were entirely paper-based a
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