Revena, a São Paulo, Brazil–based healthcare technology startup, has raised $8 million in Seed round.
Investors
The round was led by Canary, with participation from Flourish Ventures and Caravela Capital.
Canary is a Brazilian venture capital firm specializing in first-check investments for early-stage startups across Latin America. Founded in 2017 and headquartered in São Paulo, Brazil, Canary provides funding, strategic guidance, and a robust network to help startups scale effectively.
Revena Use of Funds
The company will use the funding to enhance the product, expand deployments across hospitals in Brazil, and explore international expansion, including a potential entry into the U.S.
About Revena
Founded by Diogo Freitas and Mateus Noronha, Revena is a healthtech company that develops AI agents that generate medical bills from clinical records and payer rules. Its platform connects to hospitals’ electronic medical record systems and uses generative AI to read clinical histories, interpret complex insurance contracts, and automatically generate compliant medical bills. Revena has worked with around 60 hospitals through pilots and deployments, with its software currently live at approximately 30 hospitals in Brazil.
Funding Details
Company: Revena
Raised: $8.0M
Round: Seed
Funding Date: January 2026
Lead Investor: Canary
Additional Investors: Flourish Ventures, Caravela Capital
Company Website: https://revena.com.br/
Software Category: Healthtech / AI Medical Billing / Workflow Automation
Source: https://www.thisweekinfintech.com/brazilian-startup-revena-raises-8m-seed-to-automate-medical-billing-in-hospitals/