FundedIQ
Financial Services

Betterfly: Funding, Investors & Team (Sep 2026)

Betterfly is a purpose-driven wellbeing and insurance platform that empowers organizations and employees to improve their health and wellbeing while making an impact in their communities. Its unique approach to employee wellbeing rewards good habits with life insurance coverage that grows every day and converts every healthy activity into a charitable donation. It was founded in 2018 and is based in Santiago, Chile.

betterfly.cl LinkedIn Santiago, Chile 251-500 employees
FinTech Fitness Health Care InsurTech Wellness
Total raised
$185M
Rounds
2
Latest
Series C
Feb 2022

Betterfly has raised $185M across 2 funding rounds on record, the most recent a Series C of $125M announced in Feb 2022.

That round is above the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.

Betterfly Company Profile and Key Stats

Total funding raised
$185M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Series C
$125M in Feb 2022
Employees
251-500
reported band
Headquarters
Santiago, Chile

Latest funding round on record: Feb 2022.

Betterfly Funding Rounds

Date
Round
Amount
Series C
$125M
Undisclosed round
$60.0M

Betterfly raised $60.0M in an undisclosed round announced in Jun 2021.

8 months later, a Series C of $125M was announced in Feb 2022.

Betterfly Founders and Leadership Team

Name
Role
Contact
Eduardo della Maggiora
CEO
Locked
Robert Frankfurt
CEO

Contact details for the Betterfly team: 1 of 2 have an email address on file.

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Betterfly Funding Compared to Other Financial Services Startups

Segment
Companies
Median round
116
$1.6M
1,822
$58M

Betterfly's latest round of $125M is above the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.

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Betterfly Funding FAQs

What does Betterfly do?

Betterfly is a purpose-driven wellbeing and insurance platform that empowers organizations and employees to improve their health and wellbeing while making an impact in their communities. Its unique approach to employee wellbeing rewards good habits with life insurance coverage that grows every day and converts every healthy activity into a charitable donation. It was founded in 2018 and is based in Santiago, Chile.

How much funding has Betterfly raised?

Betterfly has raised $185M across 2 rounds on record. The most recent is a Series C of $125M announced in Feb 2022.

When did Betterfly last raise funding?

Betterfly's most recent funding round on record is a Series C of $125M, announced in Feb 2022.

Who is the CEO of Betterfly?

Eduardo della Maggiora is listed as CEO at Betterfly.

Where is Betterfly headquartered?

Betterfly is based in Santiago, Region Metropolitana, Chile.

How many employees does Betterfly have?

Betterfly is in the 251-500 employee band.

How does Betterfly's funding compare to other Financial Services startups?

Betterfly's latest round of $125M is above the $14M median round size for Financial Services companies on FundedIQ across 5,745 tracked companies over the last two years.

About FundedIQ's Betterfly Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Betterfly is left off this page rather than filled in.

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