Home Medical SaaS Provider Linkedcare Secures RMB 100 Million Series B Funding to Accelerate Supply Chain Expansion and Launch International Strategy

Medical SaaS Provider Linkedcare Secures RMB 100 Million Series B Funding to Accelerate Supply Chain Expansion and Launch International Strategy

Dec 08, 2017 12:00 CST Updated 12:00

VCBeat (WeChat: vcbeat) learned at the earliest opportunity that in 2017December,MedicalSaaSService ProviderShanghai Linker Information Technology Co., Ltd. (hereinafter referred to as “Linker”)Recent AnnouncementsCompletedCompletedBWheel100 million yuanRMB financing, with investors beingShanghai Fosun Pharmaceutical (Group) Co., Ltd. (hereinafter referred to as “Fosun Pharma”), a holding subsidiary

 

LinkedCare was founded inIn July 2015, dedicated to improving the healthcare industry through information technology, it provides e-Kanya Dental SaaS and e-Mei Medical Aesthetics SaaS intelligent management systems for dental clinics, medical aesthetics institutions, and other facilities by connecting doctors, patients, data, devices, third-party services, and supply chains.


Unlike traditional software, Linker, as a pioneer of SaaS in the healthcare industry, has developed a management system that supports chain and group management. It fully complies with the U.S. JCI accreditation standards and offers Social Customer Relationship Management (SCRM) deeply integrated with social media platforms, helping healthcare institutions achieve intelligent marketing. Linker also provides Business Intelligence (BI) tools to help dental and medical aesthetic institutions achieve data-driven growth in the era of big data.


Furthermore, in Supply Chain Inventory Management (SPD), mobile office applications for App/iPad, Hospital and Outpatient Management Systems (PMS), and Electronic Medical Records (EMR)EHR、Customer Relationship ManagementLingjian also demonstrates professionalism and advantages in areas such as CRM, insurance billing and payments, and third-party device and service integration.


Over the past year and a half, LinkedCare has leveraged innovation in its products and services,Highly recognized by industry associations in the dental and medical aesthetics sectors, as well as by more than 8,000 mid-to-high-end dental and medical aesthetics institutions across China., and has been highly favored by investment institutions, securing four rounds of financing within approximately two years: it completed its angel investment round with Matrix Partners China in August 2015; in January 2016, it closed its Series A financing round, led by DXY.com and followed up by Matrix Partners China;2016Year8Fosun Pharma’s controlled subsidiary, Fosun Pingyao, participates in itsA+Round of Financing

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Compared to traditionalHealthcareSoftware,MedicalSaaSThe advantages of the software are highly evident:

1. Low initial investment; no need for healthcare institutions to purchase servers;

2. No installation required, easy to upgrade; software maintained by the vendor, reducingITPersonnel Costs

3. In the Era of Mobile Internet,SaaS software enables hospital administrators and physicians to access hospital and clinic information anytime, anywhere via computers or mobile phones, making healthcare services readily accessible.

4. Traditional software cannot leverage the advantages of mobile internet, whereas SaaS can integrate social and mobile capabilities into Social CRM (SCRM). By connecting with social platforms such as WeChat and Dianping, it helps hospitals and clinics achieve intelligent marketing, empowers consumer healthcare institutions with stronger customer acquisition capabilities, and provides better tools for user activation and retention.

 

In order to achieveSaaS Enabled MarketplaceofBusiness ModelLinkCare is also continuously exploring the supply chain for dental consumables and equipment, andConnectivity and Collaboration of the e-Kanya SaaS Systeme-Kanya Enterprise Procurement Platform offers over 3,000 SKUs, helping dental practices gain supply chain cost advantages while improving the efficiency of their procurement and inventory management.

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In addition to providing services in the oral healthcare industry,eKanYa SaaS System and eKanYa Enterprise Procurement Platform,Lingjian officially launched its new-generation eMei Medical Aesthetics SaaS system in April 2017., eMei SaaS, drawing on the experience of medical SaaS systems in developed countries such as the United States, is customer-centric, with Patient Engagement as its core focus, and leverages Social Customer Relationship Management (SCRM) and Business Intelligence (BI) as its key tools,Comprehensively empowering medical aesthetics institutions, with hundreds of contracts signed within just a few months.

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Founder of LinkedCare andCEO Wu Zhijia stated that LinkCare’s core team possesses a global perspective and 15 years of experience in medical software R&D, with LinkCare focusing on medical SaaS products and services.Will not establish or operate any dental or medical aesthetics institutions.


Customer success is LinkCare’s core value. Our team remains customer-centric, continuously enhancing product innovation and user experience. As efficient tools, e-Kanya SaaS and e-Mei SaaS help medical institutions achieve standardized management, regulated clinical practices, socialized marketing, mobile office operations, and data-driven decision-making. They comprehensively empower dental and medical aesthetics clinics to complete a business closed loop encompassing revenue generation, cost reduction, and efficiency improvement, thereby truly enabling customer success.

 

Liu Qikai, Founding Managing Partner of Fosun Tonghao Capital, believes that with the upgrading of domestic consumption, the dental and medical aesthetics industries will usher in a period of rapid development. Currently, consumer healthcare facesNon-standardized services, difficulty in replicating regional models, high operational costs, extensive management practices, and challenges in customer acquisition through marketing, low level of informatization,LinkedCare with SaaS Leveraging this model as a strategic entry point, we connect doctors, patients, and data while empowering upstream and downstream partners to upgrade dental and medical aesthetics institutions, thereby driving industry-wide advancement in the dental and medical aesthetics sectors.

 

As the angel round investor for LinkCare, Xu Chuansheng, Founding Managing Partner of Matrix Partners China, stated,“We are delighted that LinkedCare has once again secured significant investment. In the consumer healthcare sector, LinkedCare has established substantial industry barriers.”SaaS + Trading platforms are a key investment focus for Matrix Partners China, which holds unique characteristics and strategies within the healthcare industry. Matrix Partners China remains bullish on healthcare SaaS +The trading platform’s outstanding team has continuously provided financial and business support throughout the company’s development.

 

As LinkCareLead Investor in Series A Financing, DXY values Linkcare's R&D capabilities and its market coverage in the dental healthcare sector.DingxiangyuanCEO Zhang Jin is delighted to see LinkDocIn the pastRapid Growth Over Two YearseDentistAlready covered.Nearly 10,000Mid-to-High-End Dental CareInstitution, especially chain storesDental InstitutionFore-DentistSaaSPreference, whileeMei SaaS has also signed contracts with hundreds of medical aesthetics institutions in just six months..” This aligns with DXY’s management platform for general practice clinicsDingxiang Cloud ManagerAchieve excellent synergy

 

Following this round of financing,LinkCare Will Increase ProductandService Innovation Investment,Accelerate Expansion in the Consumables Supply Chain, Laying the Foundation for LinkDocSaaS Management Systems’ Leadership in Dentistry and Medical Aesthetics, meanwhile, it was planned to be launched in 2018Internationalization StrategyEnter the international market.