Neighbor Doc Announces Completion of ￥100M Funding Round

(VCBeat) Feb. 13, 2021 -- Neighbor Doc, a family medical service provider with offline institutions and digital platforms, completed its latest round of funding of nearly 100 million yuan, co-led by Kuanping Capital and DT Capital Partners, with participation from the existing investor Co-win Ventures.

Founded in 2016, Neighbor Doc is a medical service firm based on science and technology. The company takes "warm trusted medical services within easy reach" as its core philosophy, and improving the healthcare service capacity of communities as its own duty.  Neighbor Doc combines the general and specialized hospitals, the online and offline services, as well as medical and health management, to provide high-quality family medical health service for the majority of users. It is committed to building a new model of medical service to become a respected medical service provider.

Since its establishment, Neighbor Doc has successively secured three rounds of financing from Co-win Ventures, YuanBio Venture Capital and Shulan Health.

Neighbor Doc plans to use the funds for operation standardization and digital upgrade, the establishment of a regional sub-center model of medical treatment, and reactivate the excessive resources of medical services for non-incurable diseases first-class hospitals at grade 3, and finally make the health and medical services more accessible and better.

Founded in 2016, Kuanping Capital is a healthcare dedicated private equity fund with offices in Beijing and Shanghai. The company focuses on research-based, strategy-oriented active investments, emphasizes proprietary opportunities in key areas, and achieves investment returns through value creation. Kuanping team has extensive experience in "Buy and Build" strategy, turnaround situation, and complex transaction. 

Founded in 2006 and based in Shanghai, China, DT Capital Partners is a private equity investment firm that provides growth capital to early and expansion-stage companies. They invest in dynamic businesses that have high growth potential, strong management teams, and demonstrated revenue models in both technology-based and traditional industries.