HeLian Health Raises $75M in Series B Funding, Setting a Record for Hospital-Scenario Applications

Recently, VCBeat (WeChat Official Account: vcbeat) received news that Zhejiang Helian Network Technology Co., Ltd. (hereinafter referred to as "Helian Health") announced the completion of a $75 million Series B financing round. The round was led by SenseTime, a globally leading artificial intelligence platform company, with participation from Wanxiang Investment, Hangzhou Lianchuang Investment, and several top-tier Hong Kong investment institutions. Following this financing round, Helian Health has become a unicorn company with a market valuation approaching $1 billion, setting a record for the largest single financing amount in the field of innovative hospital application scenarios.

According to Ye Anping, Co-founder and Vice President of Helian Health, “Following its Series B financing round, Helian Health will continue to consolidate its leadership in hospital-based application scenarios. By leveraging integrated technological capabilities in AI, the Internet of Things (IoT), and big data, the company will accelerate its in-depth deployment of intelligent hospital management systems to serve hospitals, physicians, and patients more efficiently. Empowered by Helian’s medical big data and AI intelligence technologies, clinical medicine will be enhanced to help primary-care physicians using the ‘Xiaohe Medical Assistant’ platform achieve rapid professional growth. The company aims to provide healthcare services based on localized medical resources, with a plan to deliver comprehensive, fully intelligent, family-oriented healthcare services to 100 million users by 2020, thereby enabling Helian Health users to stay healthy and face illness without fear.” This initiative actively responds to the national “Healthy China 2030” Planning Outline, which seeks to ensure people’s health through all-around and full-lifecycle coverage, substantially improve health levels, and significantly enhance health equity.

Xu Bing, Co-founder and Head of Strategic Investment and Financing at SenseTime, stated, “Helian Health is a pioneer in innovation within China’s hospital settings. Having deeply cultivated this sector for many years, it has achieved an industry-leading position in the application of the Internet of Things (IoT) in hospitals and possesses the comprehensive strength to rapidly deploy smart healthcare solutions. Through strategic investment in Helian Health, SenseTime will accelerate the implementation of its rich AI technologies in hospital environments. Together, we will deepen our footprint in the smart healthcare sector, empowering hospitals with original AI technologies and driving the industrial upgrade of the healthcare sector.”

It is reported that Helian Health’s intelligent network has expanded to 245 cities and more than 1,700 large hospitals, handling 900 million outpatient visits. The platform has cumulatively served over 97 million patients and registered more than 1.4 million physicians.

Source: Helian Health