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Brazilian healthtech Alice raised $40M in a Series D round led by the International Finance Corporation. DEG, Finnfund, and existing investors Kaszek, ThornTree Capital, and Canary also participated. The investment follows Alice's Series C in 2021. Alice serves more than 100,000 members, up from approximately 6,000 in 2021. Its annual recurring revenue exceeds $220M, with annual growth of approximately 70%.
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