Yihe Health Secures RMB 40 Million Series A Funding and Opens Second Clinic, Files for IPO

VCBeat (WeChat ID: vcbeat) has learned that Yaeher Health, a maternal and child health service platform, recently completed400010,000 yuanAround of financing. This round was led by Fosun Xing Future, with follow-on investment from Matrix Partners China, the investor in the angel round.

YAEHER Health was founded in2016Founded in [Year], it is a novel healthcare service enterprise dedicated to addressing the issue of trust between doctors and patients in China, and committed to providing professional, reliable, and high-quality maternal and infant health management services.

Yihe Health initially provided online science popularization courses and online health consultation services primarily through its WeChat official account. Last year, it established its own chain of offline physical clinics, thereby creating a complete service loop encompassing health education, lightweight online consultations, and offline medical care.

Compared with other platforms, YAEHER HEALTH places greater emphasis on the quality rather than the quantity of physicians. To join the platform, physicians are required to have worked in a Grade A tertiary hospital for at least5In addition to endorsing the principles of evidence-based medicine and demonstrating strong service orientation, physicians must pass YAEHER’s assessment and certification before they can officially launch their services. Even after going live, physicians remain subject to ongoing supervision by the quality control team and user rating evaluations; violations of quality control standards may result in suspension from the platform.

YAEHER Health’s online platform currently has approximately600physicians, all of whom are from renowned Grade A tertiary hospitals in China or practice in the United States, Europe, and Australia; they jointly provide online appointments300serving tens of thousands of users.“With accurate content and professional services, Yaeher Health has earned an excellent reputation among mothers, and this strong word-of-mouth has driven rapid user growth for the platform."Founder of YAEHER HealthPei Honggang told VCBeat. After3After more than a year of development, YAEHER HEALTH has become a highly influential enterprise in the online health services sector for women and children.

After Yaeher Health achieved a certain scale in online users and services,2018In [Year], the first comprehensive outpatient clinic was established in Futian District, Shenzhen, offering medical services including pediatrics, child healthcare, gynecology, and dentistry. The clinic has only been5achieved break-even within months, with users primarily converted from online traffic. This year8In [Month], YAEHER HEALTH opened its second comprehensive outpatient clinic in Nanshan District, Shenzhen. In addition to pediatric services, it offers specialized care in dermatology, medical aesthetics, psychology, and otolaryngology.

YAEHER HEALTH’s two co-founders have backgrounds in healthcare and media, respectively. Following this round of financing, the addition of two product and technology partners from Tencent has further strengthened and enhanced YAEHER HEALTH’s team structure.

Yang Zhi, Former Director of Medical Products at Tencent and CEO of YAEHER HEALTHIntroduction: Following this round of financing, Yaeher Health will further optimize its online service offerings, enhance physicians’ service capabilities, and maintain strict quality control. The company aims to provide users with a comprehensive, closed-loop service ecosystem encompassing health education, consultation services, and offline medical care, positioning itself as the most trusted health service platform for parents in China. Guangjue Capital served as the financial advisor for this financing round.

Fosun Xingweilai (formerly Fosun Tonghao Capital) is a venture capital firm under the Fosun Group, dedicated to early-stage investments in the healthcare sector. Its areas of focus include digital health, healthcare services, medical devices, diagnostics, new drugs, and advanced medical technologies. Leveraging the Fosun Group’s deep industrial resources and global perspective, it is committed to growing alongside entrepreneurial enterprises. Focusing on the healthcare and deep-tech sectors, Xingweilai Capital specializes in investing in innovative projects at their early and growth stages.

Matrix Partners China, established in 2008, focuses on the new economy and is deeply rooted in China, ranking among the most active VC firms in the early-to-mid-stage market. Currently, Matrix Partners China manages a total asset scale exceeding RMB 31 billion, with investments in over 560 companies. Its portfolio includes Didi Chuxing, Guazi Used Cars, Ele.me, Yuanfudao (Yuan Tiku), Momo, Lexin, and Klook. Positioning itself as “proactive, deeply attuned to entrepreneurs, and supportive without being disruptive,” Matrix Partners China has built a post-investment value-added services team centered around addressing the pain points of its portfolio companies, creating value through proactive post-investment management and value-added services.