Youfu Clinic Secures Tens of Millions of RMB in Series A+ Funding Led by Matrix Partners China and Followed by ZhenFund

VCBeat (WeChat ID: vcbeat)It has been reported that UP Clinic, a brand specializing in orthopedic rehabilitation and sports medicine, has officially announced the completion of its tens-of-millions-yuan A+ round of financing.This round of financing was led by Matrix Partners China, with ZhenFund participating as a co-investor, and Huaxing Alpha served as the exclusive financial advisor.

As a leading domestic provider of orthopedic rehabilitation and sports medicine services, the Company will continue to focus on the mid-to-high-end market in these fields. It will leverage financing proceeds to build a nationwide chain of mid-to-high-end medical service brands and establish an integrated online-and-offline sports and rehabilitation healthcare system rooted in specialized clinical disciplines.

In recent years, China’s orthopedics and sports medicine sectors have experienced rapid development, with the number of surgical patients increasing year after year. Whether following spinal surgery, joint replacement, trauma and fracture treatment, or minimally invasive arthroscopic procedures, there is growing emphasis on postoperative rehabilitation. Patients not only demonstrate strong willingness to undergo rehabilitation but also have high expectations for therapeutic outcomes. Meanwhile, public data indicate that 500 million people in China participate in physical exercise, among whom over 20% experience varying degrees of injury. This implies that more than 100 million people in China have a rigid demand for musculoskeletal rehabilitation, thereby creating a vast business opportunity worth tens of billions of yuan in post-orthopedic surgery rehabilitation and sports rehabilitation.

UP Clinic originated from Yishu, a leading domestic provider of orthopedic care pathway management services. After years of accumulation, Yishu currently operates China’s largest perioperative doctor-patient management platform for orthopedics.Serving 3,800 hospitals and over 20,000 orthopedic specialists, we have gradually established standardized clinical pathways for postoperative rehabilitation through more than 300 specialized scales and over 1,800 single-disease care guidelines. By integrating patient data in the cloud, we also enable physicians to develop intelligent clinical follow-up plans tailored to each individual patient.

Leveraging its accumulated medical expertise and online operational capabilities, UP Clinic has become the only sports medicine and orthopedic rehabilitation service provider in China capable of delivering comprehensive, medium- to long-term solutions that integrate in-hospital and out-of-hospital care, as well as online and offline services.

According to Sun Xiaoyi, founder of UP Clinic,UP Clinic, the second offline chain orthopedic and rehabilitation outpatient clinic created by UP Rehab, has officially opened in Jing’an District, Shanghai.

UP Clinic has partnered with the renowned American high-end healthcare provider, American Medical Centre, to jointly establish comprehensive “medical-nursing-rehabilitation” integrated rehabilitation management standards. These standards were developed in collaboration with physician partners selected from the Yishu Platform. The service provides targeted diagnostic consultations and functional recovery programs in orthopedics, sports medicine, and rehabilitation medicine for: orthopedic patients suffering from spinal, joint, hand/foot disorders, osteoporosis, or deformities; athletes and active individuals with joint sprains, meniscal injuries, tendon and ligament damage, or cartilage injuries caused by improper exercise posture; and sub-healthy individuals seeking a high quality of life but suffering from long-term sub-health conditions. Patients enhance their rehabilitation frequency through Yishu’s online courses, while receiving professional treatment and personalized home-care plan adjustments at UP Clinic’s offline facilities. This approach truly realizes a complete rehabilitation solution that integrates online and offline services, as well as in-hospital and out-of-hospital care.

Ye Tingjun, co-founder of UP Clinic and an orthopedic surgeon at Ruijin Hospital, Shanghai Jiao Tong University School of Medicine, stated thatDomestic professional rehabilitation talent is scarce. Over the past few years, Yishu has completed the research and development of standardized, comprehensive online and offline rehabilitation systems for various single-disease conditions.Based on this, as the outpatient clinics are gradually rolled out, UP Clinic will progressively implement its educational and training system for professionals in orthopedics and sports rehabilitation, thereby building a robust talent reserve to support its nationwide expansion.

It is reported that following this round of financing, UP Clinic will continue to deepen its presence in the Yangtze River Delta region. Building on its existing outpatient services, the company plans to establish an UP Surgical Center and further replicate and expand its service model to first- and second-tier cities across China, including Beijing, Guangzhou, Shenzhen, and Chengdu.

Yu Zhiyun, Investment Director at Matrix Partners China, stated, “In the fields of orthopedics and sports medicine, China has historically prioritized surgery over rehabilitation, leaving many patients with sequelae. In recent years, demand for mid-to-high-end orthopedic and sports rehabilitation has been extremely robust, giving rise to UP Clinic.”. The UP Clinic team possesses extensive experience in the operational management of mid-to-high-end chain clinics, as well as in the fields of orthopedics and sports rehabilitation. During the trial operation period, the workload quickly reached saturation, underscoring both the substantial market demand and the professionalism of the UP Clinic team."We look forward to UP Clinic's rapid and steady development, bringing greater well-being to more patients."

Gu Minman, Managing Director at ZhenFund, stated, “Orthopedic rehabilitation is a highly mature niche market overseas, but it remains an emerging industry in China.”As domestic consumers’ spending power rises and awareness of exercise and health continues to grow, demand for high-quality, professional rehabilitation services is surging.“We are highly optimistic about UP Clinic’s team, which can integrate its years of overseas professional medical expertise with local market implementation in China to deliver entirely new services to our users.”

Zhou Xiang, Managing Director of China Renaissance and Head of Huaxing Alpha, stated: “Musculoskeletal rehabilitation is an extremely mature niche market overseas. Nearly all adults have varying degrees of demand for it. It serves as a continuation of in-hospital rehabilitation, essential infrastructure support for the athletic population, and a vital component of community healthcare.”UP Clinic’s services fill a domestic gap in this field, with the team adhering to nearly exacting standards for the professionalism, experience, and quality of its medical services."Huaxing Alpha is delighted to have served as the financial advisor for UP Clinic’s latest funding round. We believe that, in time, UP Clinic will emerge as a leading brand in specialized orthopedics and sports rehabilitation."

Following UP Clinic’s completion of its Series A+ financing, VCBeat conducted an interview with Sun Xiaoyi, founder of UP Clinic.Exclusive Interview, to explore how UP Clinic has developed following the completion of its financing. Stay tuned for more.