| Founded | 2015 |
|---|---|
| Closed | 2023 |
| Country | Brazil |
| Sector | Healthtech |
| Collapse type | Slow Death |
| Founder | Marcelo Pimenta |
DocWay
"Brazil's COVID telehealth darling that couldn't survive the return to normal."
Years-long decline before final shutdown
Key Events Timeline
DocWay raised R$30M (~$6M USD) across multiple rounds to offer teleconsultation in Brazil but struggled with low reimbursement rates from health insurers (operadoras).
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