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Mutuus, a startup founded in Mexico in 2017, is attempting to transform private healthcare memberships by making them affordable through an artificial intelligence-powered platform that removes financial and administrative barriers to accessing medical services.
Its business model was attractive to venture capitalists who injected a $3.2 million dollars in investment. The round was led by Amador and counted with the participation of Latin Leap, Tantauco Ventures, Preface Ventures, Cuesta Partners and G2 Momentum Capital.
Jean-Louis Brunet, founder and CEO, told Contxto that this is the first round of institutional investors that Mutuus has received, as it had previously been funded with resources from friends and family.
At the moment Mutuus only operates in Mexico, but Brunet said he plans to expand the business model to other Latin American countries, which is one of the objectives he is seeking to achieve with the investment received.
Mutuus enters the healthtech segment, which in Latin America last year received only 4% of total venture capital for startups, according to a study by Endeavor and Glisco Partners on the investment landscape in the region.
In early stages, such as Mutuus, health and wellness technology startups receive 14.2% of venture capital investment, surpassing other segments such as fintech (which receives 13.4%) and e-commerce (which receives 7.1%), although surpassed by internet and AI technology startups (which capture 31.5%).
Present and future of Muttus
Mutuus brings high-quality medical services to underserved individuals and businesses through B2C and B2B channels. Mutuus currently serves more than 13,000 members, has managed the payment of more than 4,000 hospital bills across a network of more than 300 hospitals, and has helped families preserve more than $25 million in personal wealth through affordable healthcare solutions.
Membership users receive no-deductible hospital coverage, telemedicine and significant discounts on in-person medical services, ensuring that businesses, SMEs and individuals can access private healthcare without financial stress.
Brunet says that, in addition to geographic expansion, with this capital injection, Mutuus will enhance its AI-driven platform, optimizing emergency services,
appointment scheduling, claims management and more, expand its B2B model and strengthen its partnerships with private hospitals.
By the close of 2025, Brunet said, the goal is to close with 30,000 active members and net revenue of $18 million dollars.
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