Revena Raises $8 Million Seed Round

Revena, a São Paulo, Brazil–based healthcare technology startup, has raised $8 million in Seed round.

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.

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.

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