API-first corporations are on the rise, not simply in fintech but in addition in sectors like healthcare. This diversification is boosted by the truth that staff who’ve earned their chops on banking APIs at the moment are making use of their abilities to different issues.
Healthcare is among the sectors that would profit from API options. Whereas there’s worth in realizing your coronary heart price or glucose ranges, an API might help corporations give its finish customers a way more international view of their well-being, permitting them to take the fitting steps to remain wholesome.
Mexico-based startup Vivanta lives at this intersection of healthcare and APIs. Its focus is well being information, with an eye fixed on the truth that wearables have gotten ubiquitous. However its co-founders Alex Hernandez and Jorge Madrigal beforehand labored collectively at fintech corporations: Arcus, acquired by Mastercard final December, and Belvo, which is API-led and generally described as “LatAm’s reply to Plaid.”
This API-centric monitor document was key for the startup to boost a $300,000 pre-seed spherical even earlier than launching its product — Vivanta is doing a non-public launch subsequent month.
“We invested in Vivanta as a result of Jorge and Alex have a profitable monitor document of pushing new API merchandise into the market,” stated 99startups managing companion Alejandro Gálvez, who participated within the funding alongside Guadalajara’s Redwood Ventures, Monterrey’s Angel Hub MTY and Mexico-focused syndicate Lotux.
Vivanta’s founders additionally invited a dozen people to take part within the spherical, with a concentrate on operators with related experience. “With the ability to ask inquiries to individuals who’ve finished it earlier than is invaluable,” Madrigal instructed Nob6. “We needed to have a powerful community of those who we are able to lean on.”
A few of Vivanta’s angel traders are founders themselves, comparable to Arcus’ Edrizio de la Cruz, Madrigal’s and Hernandez’s former boss. However the pair additionally made a deliberate effort to achieve out to technical profiles which might be maybe much less frequent on cap tables — together with feminine engineers and CTOs at present constructing APIs.