The mental health services industry in Latin America is expanding rapidly, addressing a growing demand for mental health care. Various companies operate within this sector, including digital health platforms, teletherapy services, and community-based organizations that focus on psychological well-being. As awareness of mental health issues rises, innovative solutions such as AI-driven applications and remote therapy sessions are gaining popularity. The industry aims to improve accessibility and affordability of mental health services, making care more widely available. Recent statistics show that around one in every five people in the region suffers from mental disorders, signifying a critical need for effective interventions.


The investors supporting mental health services in Latin America represent a mix of venture capital firms and corporate entities, primarily based in Sao Paulo, Brazil. Founded between 2005 and 2020, these investors vary in size, with most operating with a headcount of approximately 10 to 50 employees. In 2024, these investors collectively engaged in over 150 deal counts, signaling strong interest in fostering growth in the sector. Their diverse strategies and commitment to backing mental health initiatives illustrate the evolving investment landscape focusing on health and technology.


Top 15 Mental Health Services Investors in Latin America


1. bossa invest

  • Website: bossainvest.com
  • Type: Venture Capital
  • Headquarters: Sao Paulo, Sao Paulo, Brazil
  • Founded year: 2011
  • Headcount: 11-50
  • Number of deals in 2024: 56
  • LinkedIn: bossainvest

Bossa Invest is a venture capital firm based in Sao Paulo, Brazil, founded in 2011. The firm specializes in investing in innovative startups, particularly in the technology sector, and has a strong focus on empowering entrepreneurs through capital, strategic guidance, and access to a network of co-investors. In recent years, Bossa Invest has made significant investments in the mental health services sector, including notable transactions such as Woebot Health, which raised $1,000,000 in December 2020, and Headway, which secured $26,000,000 in a Series A round in November 2020. Other relevant investments include Mindbloom and Minded, which focus on mental health solutions. These transactions highlight Bossa Invest's commitment to fostering growth in the mental health services industry and supporting innovative approaches to mental health care.


2. Eretz.bio

  • Website: eretz.bio
  • Type: Corporate
  • Headquarters: Sao Paulo, Sao Paulo, Brazil
  • Founded year: 2017
  • Headcount: 11-50
  • Number of deals in 2024: 16
  • LinkedIn: eretz.bio

Eretz.bio is a not-for-profit organization based in Sao Paulo, Brazil, founded in 2017. It serves as an innovation hub associated with the Hospital Israelita Albert Einstein, focusing on incubating startups in the healthcare sector, particularly in biotechnology, digital health, and medical devices. Among their notable transactions, Eretz.bio has invested in Psicologia Viva (Psyalive), a platform that provides psychological services, and Neurobots, which is likely involved in mental health technologies. These investments highlight Eretz.bio's engagement in the mental health services industry, alongside their broader healthcare initiatives.


3. DNA Capital

  • Website: dnacapital.com
  • Type: Venture Capital
  • Headquarters: Sao Paulo, Sao Paulo, Brazil
  • Founded year: 2013
  • Headcount: 11-50
  • Number of deals in 2024: 1
  • LinkedIn: dna-capital-br

DNA Capital is a venture capital firm based in Sao Paulo, Brazil, founded in 2013. The firm specializes in healthcare investments, partnering with businesses and startups to provide capital and strategic support for growth and innovation in the healthcare sector. Notably, DNA Capital has been involved in several transactions relevant to mental health services, including a seed round investment in Cíngulo, a company focused on mental health solutions, and a significant Series A investment in Reema Health, which has raised over $10 million to date and operates as a community-based health technology platform. Additionally, they participated in funding rounds for Nice Healthcare and Vitable Health, further demonstrating their active role in the healthcare landscape.


4. IKJ Capital

  • Website: ikj.capital
  • Type: Venture Capital
  • Headquarters: Sao Paulo, Sao Paulo, Brazil
  • Founded year: 2019
  • Headcount: 1-10
  • Number of deals in 2024: 7
  • LinkedIn: irukandji-capital

IKJ Capital is a venture capital firm based in Sao Paulo, Brazil, founded in 2019. The firm specializes in investing in early-stage healthcare technology companies, with a focus on addressing significant healthcare challenges, including mental health and chronic conditions. IKJ Capital provides funding and expertise to innovative startups in the healthcare technology sector. Notably, they have invested in Zenklub, a platform aimed at enhancing the marketplace for therapists, which is directly related to mental health services. They also participated in the seed round for Prairie Health, a company focused on mental health solutions, and Bloom Care, which, while primarily an e-commerce platform, has implications for wellness and mental health. Their recent investment in Genial Care further demonstrates their active role in the healthcare technology landscape, particularly in areas that can impact mental health.


5. Canary

  • Website: canary.com.br
  • Type: Venture Capital
  • Headquarters: Sao Paulo, Sao Paulo, Brazil
  • Founded year: 2017
  • Headcount: 11-50
  • Number of deals in 2024: 23
  • LinkedIn: canary-venture-capital

Canary is a venture capital firm based in Sao Paulo, Brazil, founded in 2017. The firm specializes in early-stage investments across Latin America, supporting entrepreneurs with capital, co-founding assistance, and fostering a strong community of builders. In 2024, Canary has made 23 investments, showcasing their active role in the startup ecosystem. Notably, they have invested in Genial Care, a Brazilian healthtech startup that focuses on providing guidance and services for families with children diagnosed with autism. This investment highlights their interest in mental health services, as it aims to enhance support for a vulnerable population. Additionally, they have participated in various funding rounds for other startups, indicating a diverse investment strategy while still maintaining a focus on impactful sectors such as mental health.


6. VOX Capital

  • Website: voxcapital.com.br
  • Type: Venture Capital
  • Headquarters: Sao Paulo, Sao Paulo, Brazil
  • Founded year: 2009
  • Headcount: 11-50
  • Number of deals in 2024: 1
  • LinkedIn: vox-capital

VOX Capital is an impact investment firm based in Sao Paulo, Brazil, founded in 2009. They specialize in managing investments that generate positive social and environmental outcomes, focusing on sectors such as healthcare, education, and climate solutions. VOX Capital serves both individual and institutional investors who seek to align their financial goals with their values. Among their notable transactions, they have invested in several healthcare-related startups, including Bem.care, which focuses on health services, and Omens, which raised over $1.9 million in a seed round. Other investments include Mais 60 Saude, Wecancer, and Tem Saúde, all of which are involved in health services, indicating a strong presence in the healthcare sector that encompasses mental health services.


7. Lupa Capital


Lupa Capital is a venture capital firm based in Sao Paulo, Brazil, founded in 2012. The firm specializes in early-stage technology companies across various sectors, including healthcare, insurance, and software. Lupa Capital provides not only financial investment but also strategic support to help these companies navigate growth challenges. Notably, Lupa Capital has been involved in significant transactions within the mental health services context, such as their investment in Zenklub, which aims to enhance its platform for therapists, and Genial Care, which focuses on supporting families with children diagnosed with autism. These investments highlight Lupa Capital's commitment to advancing mental health services alongside their broader healthcare investment strategy.


8. Kaszek

  • Website: kaszek.com
  • Type: Venture Capital
  • Headquarters: Sao Paulo, Sao Paulo, Brazil
  • Founded year: 2011
  • Headcount: 11-50
  • Number of deals in 2024: 17
  • LinkedIn: kaszek-ventures

Kaszek is a venture capital firm based in Sao Paulo, Brazil, founded in 2011. The firm focuses on investing in and supporting entrepreneurs across various technology-driven industries in Latin America. With a strong emphasis on long-term partnerships, Kaszek aims to foster a vibrant technology ecosystem in the region. Notably, they have been involved in significant transactions, including Wellhub, which raised $220 million in a Series E round in 2021, and has previously raised funds in Series C and B rounds. This indicates their active role in the mental health services sector, as Wellhub is likely to be a player in this industry. Additionally, they invested in Theia, which raised over $6 million in a Seed Round in 2022, further showcasing their commitment to supporting innovative startups that may contribute to mental health solutions.


9. Norte Ventures

  • Website: norte.ventures
  • Type: Venture Capital
  • Headquarters: Sao Paulo, Sao Paulo, Brazil
  • Founded year: 2020
  • Headcount: 1-10
  • Number of deals in 2024: 11
  • LinkedIn: norteventures

Norte Ventures is a venture capital firm based in Sao Paulo, Brazil, founded in 2020. The firm specializes in providing resources and support for startups in the technology sector, offering consulting services, educational materials, and investment management to help entrepreneurs navigate the challenges of building and scaling their businesses. In 2024, Norte Ventures has been active with 11 investments, including notable transactions in the health sector. For instance, they participated in the funding round for Sanii, a startup focused on promoting healthy aging, which aligns with mental health and wellness. Additionally, they have invested in Alinea Health, a social investing app that targets Gen Z, which may also touch on mental health themes. Their involvement in these health-related startups suggests a broader interest in the mental health services space, making them a relevant investor in this category.


10. Crescera Capital

  • Website: crescera.com
  • Type: Private Equity
  • Headquarters: Rio De Janeiro, Rio De Janeiro, Brazil
  • Founded year: 2008
  • Headcount: 11-50
  • Number of deals in 2024: 7
  • LinkedIn: bozano-investimentos

Crescera Capital is a private equity and venture capital investment firm based in Rio de Janeiro, Brazil, founded in 2008. The firm specializes in providing growth capital and strategic guidance to mid-sized companies across various sectors, including education, technology, and health. Notably, Crescera Capital has made significant investments in the health sector, including a key investment in Vittude, a mental health healthtech company that raised $7M in a Series A funding round in March 2022. This investment highlights Crescera's commitment to enhancing mental health services through technology. Additionally, they have engaged in other health-related transactions, such as acquiring a stake in Grupo Salus, a medical mobility and equipment manufacturer, and participating in funding rounds for Hospital Care and Afya, further demonstrating their active role in the health industry.


11. Igah, Ventures.

  • Website: igahventures.com
  • Type: Venture Capital
  • Headquarters: Sao Paulo, Sao Paulo, Brazil
  • Founded year: 2011
  • Headcount: 11-50
  • Number of deals in 2024: 2
  • LinkedIn: ebricks-ventures

Igah Ventures is a venture capital firm based in Sao Paulo, Brazil, founded in 2011. The firm specializes in seed and early-stage investments in innovative startups across various sectors, including technology, healthcare, and finance. They provide capital and strategic guidance to entrepreneurs to help them scale their businesses. Notably, Igah Ventures has invested in Conexa Saúde, which raised significant funding in Series B and Series C rounds, indicating a strong commitment to healthcare innovation. This involvement in healthcare, particularly through Conexa Saúde, positions them as a potential player in the mental health services space, as health technology often intersects with mental health solutions. Additionally, their investment in Axenya, a company that may also operate within the healthcare domain, further reflects their engagement in sectors that could include mental health services.


12. Airborne Ventures

  • Website: airborne.ventures
  • Type: Venture Capital
  • Headquarters: Sao Paulo, Sao Paulo, Brazil
  • Founded year: 2021
  • Headcount: 1-10
  • Number of deals in 2024: 10
  • LinkedIn: airborne-ventures

Airborne Ventures is a venture capital firm based in Sao Paulo, Brazil, founded in 2021. The firm specializes in investing in early-stage startups and provides strategic guidance and networking opportunities to entrepreneurs. With a focus on value investing, Airborne Ventures aims to deliver strong returns by identifying promising startups across various sectors. Notably, they have been involved in significant transactions in the mental health services context, including a seed investment in Zenklub, a platform designed to enhance the marketplace for therapists. This investment highlights their commitment to supporting mental health initiatives. Additionally, they have participated in funding rounds for Conexa Saude and Beep Saúde, both of which are health-related companies, further demonstrating their interest in the health services sector.


13. Kortex Ventures

  • Website: kortexventures.com
  • Type: Venture Capital
  • Headquarters: Sao Paulo, Sao Paulo, Brazil
  • Founded year: 2020
  • Headcount: 1-10
  • Number of deals in 2024: 2
  • LinkedIn: kortexventures

Kortex Ventures is a venture capital firm based in Sao Paulo, Brazil, founded in 2020. The firm is dedicated to transforming healthcare through technology by investing in innovative health technology startups. Kortex Ventures has actively participated in several funding rounds, including a notable investment in Sweetch, an Israeli healthtech startup that raised $20 million in a Series A round. Sweetch focuses on behavioral science technology, which is directly relevant to mental health services. Additionally, Kortex Ventures invested in Welbe Care, a Mexican B2B healthcare platform that raised $7 million in 2024, and previously participated in a seed round for Welbe Care in 2022. These transactions highlight Kortex Ventures' commitment to supporting healthcare innovations that may include mental health solutions.


14. Veronorte

  • Website: veronorte.com
  • Type: Venture Capital
  • Headquarters: Sabanalarga, Antioquia, Colombia
  • Founded year: 2012
  • Headcount: 1-10
  • LinkedIn: veronorte

Veronorte is a venture capital firm based in Sabanalarga, Antioquia, Colombia, founded in 2012. The firm focuses on sustainable development in Latin America, investing in early and growth-stage companies across various sectors, including energy, agriculture, and healthcare. Veronorte's mission is to facilitate access to sustainable opportunities, helping businesses navigate the regional market effectively. Among their notable transactions, they invested in Virgin Pulse, a company that promotes employee health and wellness, and Welltok, which raised $75 million in Series E funding and focuses on health optimization, including mental health services. Additionally, Clover Health, which raised $130 million in Series D, is involved in healthcare solutions that may encompass mental health services. These investments highlight Veronorte's engagement in the healthcare sector, particularly in areas that intersect with mental health.


15. Monashees

  • Website: monashees.com
  • Type: Venture Capital
  • Headquarters: Sao Paulo, Sao Paulo, Brazil
  • Founded year: 2005
  • Headcount: 11-50
  • Number of deals in 2024: 18
  • LinkedIn: monashees-capital

Monashees is a venture capital firm based in Sao Paulo, Brazil, founded in 2005. The firm specializes in investing in technology-based companies across Latin America, providing not only funding but also support in areas such as talent acquisition and fundraising. In recent years, Monashees has been actively involved in the healthcare sector, with notable investments in companies like Livance, which secured $13.2 million to expand its ehealth services, and Sami, which has raised a total of $38 million across multiple funding rounds. These investments highlight Monashees' commitment to advancing healthcare technology, including potential applications in mental health services.



Mental Health Services Insights: Key Investors in Latin America


InvestorHeadquarterSizeFoundedDeals 2024
bossa investSao Paulo, Sao Paulo, Brazil11-50201156
Eretz.bioSao Paulo, Sao Paulo, Brazil11-50201716
DNA CapitalSao Paulo, Sao Paulo, Brazil11-5020131
IKJ CapitalSao Paulo, Sao Paulo, Brazil1-1020197
CanarySao Paulo, Sao Paulo, Brazil11-50201723
VOX CapitalSao Paulo, Sao Paulo, Brazil11-5020091
Lupa CapitalSao Paulo, Sao Paulo, Brazil1-1020120
KaszekSao Paulo, Sao Paulo, Brazil11-50201117
Norte VenturesSao Paulo, Sao Paulo, Brazil1-10202011
Crescera CapitalRio De Janeiro, Rio De Janeiro, Brazil11-5020087
Igah, Ventures.Sao Paulo, Sao Paulo, Brazil11-5020112
Airborne VenturesSao Paulo, Sao Paulo, Brazil1-10202110
Kortex VenturesSao Paulo, Sao Paulo, Brazil1-1020202
VeronorteSabanalarga, Antioquia, Colombia1-1020120
MonasheesSao Paulo, Sao Paulo, Brazil11-50200518


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