Home Leading AI+SaaS Digital Health Platform Linkedcare Completes Series E Financing and Files IPO Prospectus

Leading AI+SaaS Digital Health Platform Linkedcare Completes Series E Financing and Files IPO Prospectus

Jan 08, 2025 08:00 CST Updated 08:00
Linkedcare

Developer of Medical Information Management Systems

VCBeat has learned that,Leader in AI+SaaS Digital Intelligence Platforms for Consumer Healthcare—Linkedcare Announces Recent Completion of E-Series Financing Amounting to Hundreds of Millions of RMB, with Joint Investment from Wuxi Venture Capital Group Co., Ltd. and Wuxi Binhu Industrial Investment and Development (Group) Co., Ltd.

 

Founded in 2015, Linkedcare has maintained rapid growth by leveraging deep industry insights, an innovation-driven strategy, and robust R&D capabilities. Currently serving over 50,000 dental and medical aesthetics institutions, it holds more than 85% of the high-end market share among private dental practices in China. Thanks to its superior product strength and continuous innovation, Linkedcare achieves a Net Dollar Retention (NDR) rate as high as 129%.


With the continuous advancement of intelligent technologies, AI will play a decisive role in shaping the future development of the dental industry. In 2025, Linkedcare’s strategy will evolve from “SaaS+X” to an AI+SaaS dual-engine driven digital-intelligent platform tailored for the consumer healthcare vertical.


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Linkedcare’s dental SaaS software, e-Kanya, provides dental clinics with an integrated solution for “revenue generation, risk mitigation, cost reduction, and efficiency enhancement.” It improves clinic management efficiency through information technology in practice management software; supports marketing, customer acquisition, and business intelligence via digital technologies such as “Youke” and “Youshu”; and empowers clinics to efficiently uncover patient needs, expand business opportunities, and increase revenue through artificial intelligence technologies like “AI Dentistry” in the e-Kanya Smart Edition.

 

Linkedcare’s e-Kanya Mall is committed to providing dental institutions with a one-stop supply chain solution, enabling them to “save more on consumables purchases and manage inventory with greater ease.” By directly reducing costs and improving efficiency through its supply chain, the platform helps clients enhance their operational profitability and capital efficiency.

 

Building on its existing e-Kanya dental SaaS software, e-Kanya Mall, and Yue Rong medical aesthetics SaaS software, Linkedcare officially entered the clear aligner orthodontics market in 2023 by introducing cutting-edge artificial intelligence technology. By deeply integrating AI into orthodontic diagnostic analysis and treatment planning, the company has further enhanced personalization and intelligence. As a strategic cornerstone of its clear aligner orthodontics business, Linkedcare launched “Yue Jian Linkedsmile,” a next-generation brand for clear aligner therapy.


China has 4 million orthodontic patients annually, with an invisible orthodontics penetration rate of less than 20%. Traditional invisible orthodontics still face unresolved clinical pain points, such as high restart rates, poor patient compliance, and prolonged treatment durations. Guided by the philosophy of "Precise Diagnosis, Precision Orthodontics," Yuejian has sequentially launched its Yueya early childhood correction product, the Yueya Starry Night Edition (a nighttime wear solution for early childhood correction to address compliance issues in children), as well as a comprehensive product portfolio including Yuejian Professional Edition, Flagship Edition, and Maxillary Reconstruction (MR). At the 2024 COS Conference, Yuejian partnered with LuxCreo to introduce Yuejian 4D, the first direct 3D-printed aligner solution in China. This product is the world’s first and only directly 3D-printed aligner to have received FDA, CE, and NMPA approvals. Leveraging unique reversible shape-memory materials and direct 3D printing technology, it offers greater precision, speed, comfort, and environmental friendliness.

 

Linkedcare Yuejian has established the “Invisible Orthodontics Biomechanics and AI Medical-Enterprise Integration Laboratory” with the Institute of Biomedical Materials and Regenerative Medicine at Shanghai Jiao Tong University School of Medicine, and has launched scientific research collaborations with several academic and research institutions. Upholding its commitment to continuous innovation, Yuejian will leverage AI and 3D printing as key drivers to continually introduce more innovative products and solutions.


Since its launch, Yuejian has successively partnered with renowned dental healthcare groups across China, including Yaboshi Dental Group, Meivie Dental Medical Group, Malo Dental Group, Jinsong Dental Group, Yabeikang Dental Group, Little White Rabbit Dental Group, Ningbo Dental Group, Guangzhou Suihua Dental Group, Dehan Dental Group, Henglun Dental Group, Yiya Yingbo Dental Group, Delun Dental Group, Arrail Dental Group, Taikang Bybo Dental Group, Fujian Jingteer Meikepu Dental Group, and Ke’en Dental Group. In 2024, Yuejian achieved a year-on-year growth of 241%, preliminarily demonstrating the product strength and innovative capability of Yuejian.

 

The success of this funding round has provided Linkedcare and Yuejian with ample financial support. The company will increase its investment in emerging AI technologies such as AIGC, accelerate the R&D and promotion of Yuejian’s AI-powered 3D direct-print aligner technology, and strengthen product offerings and supply chain development for the e-Kanya Mall. The company will continue to enhance the R&D and application of AI technologies, further improve the intelligence level of its products and services, and consistently advance the global expansion of the smart dental industry.

 

Linkedcare Founder and CEO Wu Zhijia“He stated, ‘An outstanding enterprise must excel in three indispensable areas: market segment, business model, and organizational structure. Drawing on the development of dental and medical aesthetics institutions in developed countries such as those in Europe, the United States, and Japan, I am highly confident in China’s dental and medical aesthetics industries. SaaS represents a business model driven by compound growth. With the advent of next-generation AIGC technologies, vertical-industry SaaS solutions will have greater opportunities to create enhanced value for customers. I firmly believe that the evolution of AI+SaaS into AIaaS will break through the ceiling of traditional SaaS, unlocking broader growth potential. Currently, Linkedcare’s e-Kanya SaaS software, e-Kanya Marketplace, and Yuerong Medical Aesthetics SaaS software have all achieved sustained profitability, while Yuejian recorded a year-on-year growth of 241% in 2024. AI technology is central to Linkedcare’s ongoing digital and intelligent transformation. By deeply exploring AI’s potential in medical quality, operational management, marketing and customer acquisition, data analytics, treatment planning, and personalized services, Linkedcare is building an intelligent healthcare closed loop spanning from patients to doctors and from clinics to hospitals, thereby advancing the intelligent transformation of the dental and medical aesthetics industries.’”

 

Lead Investor in This Round: Wuxi Venture Capital Group Co., Ltd.Commentary: As a leading enterprise in the niche segment of digital and intelligent platforms for consumer healthcare, Linkedcare achieved steady growth in its SaaS performance in 2024, with its clear aligner business emerging as a new growth driver—a notable accomplishment. We are pleased to observe Linkedcare’s efforts in digital innovation within the dental and medical aesthetics sectors, as well as in clear aligners, and we look forward to its continued deep engagement in the industry to facilitate intelligent transformation and upgrading.

 

Zhao Wen, Deputy General Manager of Wuxi Binhu Industrial Investment and Development (Group) Co., Ltd., the investing institution in this round“Linkedcare’s innovative AI+SaaS dual-engine-driven digital intelligence platform for the consumer healthcare vertical can deeply integrate the upstream and downstream segments of the industry chain, providing comprehensive one-stop digital solutions and services to dental clinics and medical aesthetic institutions. Linkedcare’s Yuejian clear aligner product, deeply integrated with AI, is poised to create a new growth curve for the company. We are confident in Linkedcare’s future development and look forward to its continued innovation, enhanced competitiveness of products and services, and greater value creation in the digitalization of consumer healthcare.”

 

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About Wuxi Venture Capital Group Co., Ltd.


Wuxi Venture Capital Group Co., Ltd. was established in August 2000 as one of the earliest municipal-level equity and venture capital institutions set up under the deployment of the Wuxi Municipal Committee of the Communist Party of China and the Wuxi Municipal People’s Government. It now serves as a specialized platform under Wuxi Industrial Development Group Co., Ltd., dedicated to supporting technological innovation and entrepreneurship while promoting the development of strategic emerging industries. Since its inception, the group has provided financing support to numerous innovative and entrepreneurial enterprises through direct investment and participation in investment funds, playing a significant and positive role in advancing the high-tech industry.

 

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About Wuxi Binhu Industrial Investment and Development (Group) Co., Ltd.

Wuxi Binhu Industrial Investment and Development (Group) Co., Ltd. is a state-owned enterprise directly under the jurisdiction of Binhu District, Wuxi City. It primarily focuses on equity investment, industrial park development, investment promotion and operation, and quasi-financial services, striving to become a leading provider of industrial investment and development services. As the equity investment platform of the district’s industrial group, Binhu Sci-Tech Innovation has, since commencing substantive operations, closely aligned with Binhu District’s “543” industrial framework, deeply cultivating strategic emerging industries such as integrated circuits, life and health, and new energy, while strategically laying out future industries including synthetic biology and artificial intelligence.


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About Linkedcare


Linkedcare, founded in 2015 and headquartered in Shanghai, is a leading consumer healthcare technology company dedicated to driving the digital and intelligent transformation of the dental and medical aesthetics industries through technological innovation and smart solutions. It has established more than 20 branches across China and holds dual domestic and international ISO/IEC 27001 certifications, as well as Level 3 Classified Protection of Cybersecurity certification from the Ministry of Public Security and Level 3 Communication Network Security Protection certification from the Ministry of Industry and Information Technology.


e-Kanya, a digital management software for dental practices, adopts a patient-centric approach, centers on clinical diagnosis and treatment, and empowers staff to achieve closed-loop management across the entire process—pre-consultation, during consultation, and post-consultation. It optimizes internal workflows, enhances medical quality, facilitates the digital transformation of dental institutions, improves efficiency, and ensures compliance. Leveraging artificial intelligence (AI) algorithms, it introduces AI Kanya to boost clinical efficiency and revenue generation, achieving closed-loop management where all identified symptoms are appropriately treated. The system intelligently identifies nearly 40 types of symptoms within five seconds, automatically generates oral examination reports, serves as a powerful tool for consultants during case discussions, and uncovers comprehensive treatment opportunities to drive revenue.


e-Kanya Mall, a subsidiary brand, is dedicated to providing dental institutions with one-stop supply chain solutions, enabling them to “save more on consumables and manage them with greater ease.” By directly reducing costs and enhancing efficiency through its supply chain, the platform helps customers improve operational profitability and capital efficiency. e-Kanya Mall insists on offering only authentic products from authorized channels, backed by a “Everyday Low Prices – Price Match Guarantee” policy and a 60-day no-questions-asked return and exchange service, helping dental institutions procure supplies in a truly cost-effective, worry-free, and labor-saving manner. Currently, the platform has connected with over 500 upstream manufacturers and hosts more than 1,000 well-known domestic and international brands. It carefully curates over 20,000 dental consumable products and seamlessly integrates with inventory management systems, ensuring full traceability from procurement and warehousing to requisition, delivering convenience and efficiency.


Linkedcare Yuerong, an intelligent management software for medical aesthetic institutions, provides a comprehensive digital and smart solution for the medical aesthetics industry. It integrates store operations, customer engagement, medical services, inventory management, and private-domain marketing to support merchants in all aspects of their business. In terms of customer engagement, its omnichannel integrated SCRM drives merchants’ digital transformation and enhances sales capabilities. For store management, it not only helps reduce costs and improve efficiency but also elevates refined management and in-store consumer experiences through smart operations. In the medical domain, it improves the efficiency of online medical processes and offers a complete compliance solution.


LinkedSmile is a provider of next-generation precision orthodontic solutions. Committed to leveraging innovative technologies, it assists clinicians in designing more precise and safe orthodontic treatment plans, enabling patients to receive secure and reliable personalized aligner therapy. By combining LinkedSmile 4D—China’s first directly 3D-printed clear aligner product—with AI technology, it delivers a faster, more accurate, more comfortable, and more environmentally friendly next-generation experience in clear aligner orthodontics.


Yuejian has entered into an exclusive partnership with Professor Suzuki, a pioneer in early orthodontic treatment in Japan, to launch the new LinkedSmileKids product series for early childhood orthodontics. Upholding the philosophy of precise diagnosis, it creates an integrated comprehensive orthodontic solution, fully supporting children’s journey toward oral health from four dimensions: teeth, bone, musculature, and compliance.