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 workers who’ve earned their chops on banking APIs are actually making use of their abilities to different issues.
Healthcare is likely one of the sectors that would profit from API options. Whereas there’s worth in understanding your coronary heart charge or glucose ranges, an API might help corporations give its finish customers a way more world view of their well-being, permitting them to take the proper steps to remain wholesome.
Mexico-based startup Vivanta lives at this intersection of healthcare and APIs. Its focus is well being knowledge, with a watch 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 typically described as “LatAm’s answer to Plaid.”
This API-centric monitor file was key for the startup to lift a $300,000 pre-seed spherical even earlier than launching its product — Vivanta is doing a personal launch subsequent month.
“We invested in Vivanta as a result of Jorge and Alex have a profitable monitor file of pushing new API merchandise into the market,” mentioned 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 give attention to operators with related experience. “With the ability to ask inquiries to individuals who’ve performed it earlier than is invaluable,” Madrigal advised TechCrunch. “We needed to have a powerful community of people who we will lean on.”
A few of Vivanta’s angel buyers are founders themselves, corresponding 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 are maybe much less frequent on cap tables — together with feminine engineers and CTOs at present constructing APIs.
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