Glade Brook Capital Partners led a $125m Series C round in Betterfly.

Glade Brook Capital Partners, a global growth equity firm investing in emerging leaders in the internet and software sectors, led a $125m Series C round in Betterfly, a purpose-driven collective wellbeing platform that converts healthy activities into charitable donations, with participation from Greycroft Partners, Lightrock LLP, QED Investors, and DST Global Investment Partners. “We’re building a product that doesn’t exist anywhere,” he said. “That’s why we have so much momentum and speed, not just in LatAm but globally. The new markets would add to existing operations in Chile and Brazil, where Betterfly has increased revenue 20-fold in 2021. It also grew the number of companies that offer Betterfly services by 60 fold last year to over 2,500," Eduardo Della Maggiora, Betterfly Founder and Chief Executive Officer.