Osigu, a Miami, Florida-based leading real-time claims processing and e-prescription platform in Latin America, announced that it secured $7.5 million in a new round of funding.
The round was led by IDC Ventures, followed by strategic investors including, Jose Vargas, co-founder of Healthcare.com, a leading digital health insurance company.
The financing will help strengthen Osigu's ML algorithms, AI features, and expansion into the Colombian Market.
With the latest financing round, the company aims to increase its presence in the Colombian market, a TAM of $12 Billion, targeting the over 650M claims manually processed each year.
Funding Month: December 2021
Lead Investors: IDC Ventures
Additional Investors: Jose Vargas
Company Website: https://www.osigu.com/
Software Category: claims processing and e-prescription platform
About the Company: Osigu is disrupting the healthcare and insurance ecosystem by digitalizing and automating the claims process and payments between Insurance companies and health providers in LATAM. Through a unique, state of the art, SaaS platform, payers, health providers, and patients interact in a simple, reliable, and secure manner. Osigu provides solutions for everyone in the healthcare delivery ecosystem: efficiency and fraud prevention for payers, liquidity for health providers, and a better customer experience for patients. The company, founded in 2016, is headquartered in Miami, FL.