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- LinkDoc Technology
LinkDoc Technology Funding, Investors & Competitors
LinkDoc Technology has raised $252M across 2 funding rounds, most recently a $103M Series D in September 2020.
Last LinkDoc Technology funding round
$103M
Series D · Sep 2020
Cumulative funding LinkDoc Technology raised
$252M
across 2 funding rounds
Key investors in LinkDoc Technology
CICC
CBC Capital
China Investment Corporation
Youshan Capital
iFOF
Jinnan-Haihe-Kuandai Industry Fund
About LinkDoc Technology
LinkDoc Technology is a cloud-based EMR platform for private hospitals meeting US HIPAA and HITRUST standards with AES-256 encryption. Deployed in China and Southeast Asia, it handles patient records, scheduling, billing, and telehealth via WeChat mini-programs. LinkDoc integrates with Philips imaging systems and supports 1,000+ bed facilities. The service processes 10 million encounters annually for chains like United Family Healthcare at linkdoc.com.
Founded
2014
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
LinkDoc Technology Funding History
LinkDoc Technology has raised a total of $252M across 2 funding rounds.
LinkDoc Technology's first fundraising round was a $149M Series D in July 2018. The most recent completed round was a $103M Series D in September 2020.
LinkDoc Technology funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Sep 2020 | Series D | Jinnan-Haihe-Kuandai Industry Fund; CBC Capital; Youshan Capital; CICC; iFOF | $103M | - |
| Jul 2018 | Series D | China Investment Corporation (lead) | $149M | LinkDoc Technology is a Beijing-based oncology and big data healthcare firm founded in 2014 that collects and standardizes healthcare data from hospitals. The company covers more than 3,000 diseases and provides customized data to healthcare regulators, researchers, insurers, and pharmaceutical companies. By the time of its Series D round, LinkDoc had partnerships with approximately 500 first-tier hospitals across more than 30 provinces and regions in China. The company raised an RMB 1 billion (approximately US$151 million) Series D round in July 2018 led by China Investment Corporation, a Chinese sovereign wealth fund established in 2007 with registered capital of US$200 billion. This funding round brought significant attention to China's growing medical technology and healthcare data sector, which had been attracting considerable venture capital investment. The company had previously raised undisclosed Series B funding in 2016 led by China Broadband Capital with participation from Ally Bridge Group, Cenova Capital, and New Enterprise Associates, and a Series A round in 2015 from New Enterprise Associates. |
Who has invested in LinkDoc Technology?
6 investors have backed LinkDoc Technology across its funding rounds, including CICC, CBC Capital, China Investment Corporation, Youshan Capital, iFOF and Jinnan-Haihe-Kuandai Industry Fund.
Lead investors include China Investment Corporation.
LinkDoc Technology Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 1 | Participant | Sep 2020 | ||
| 1 | Participant | Sep 2020 | ||
| 1 | Lead | Jul 2018 | ||
| 1 | Participant | Sep 2020 | ||
This data is available for Pro users. Sign up to see all 6 LinkDoc Technology investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialLinkDoc Technology Competitors
LinkDoc Technology competitors include listed companies like IQVIA, Veeva, IDEXX Laboratories and Roper Technologies, and private ones like Commure and Doctolib.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $16B | $3.4B | $44B | 3.4x | ||
| Publicly listed | $3.2B | $965M | $43B | 10.2x | ||
| Publicly listed | $4.3B | $1.5B | $40B | 8.9x | ||
| Publicly listed | $7.9B | $3.2B | $37B | 5.7x | ||
| Private | $200M | - | $7B | 35.0x | ||
| Private | $400M | - | $6.4B | 16.0x |
LinkDoc Technology Public Comps
LinkDoc Technology is still privately-owned, but its public comps include IQVIA, Veeva, IDEXX Laboratories, Roper Technologies, GE HealthCare, ICON plc, Pro Medicus, United Imaging, Glaukos and M3 Inc..
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $16B | $3.4B | 3.6x | 3.4x | 17.2x | 14.8x | |||
| $3.2B | $965M | 11.1x | 10.2x | 36.9x | 22.4x | |||
| $4.3B | $1.5B | 9.5x | 8.9x | 27.1x | 24.9x | |||
| $7.9B | $3.2B | 6.1x | 5.7x | 15.2x | 14.6x | |||
| $21B | $3.7B | 1.8x | 1.8x | 10.1x | 10.0x | |||
| $8.3B | $816M | 1.9x | 1.9x | 19.2x | 11.3x | |||
| $186M | $147M | 66.6x | 62.7x | 84.4x | 77.6x | |||
| $2.1B | $367M | 5.5x | 4.8x | 30.7x | 26.9x | |||
This data is available for Pro users. Sign up to see all LinkDoc Technology competitors and their valuation data. Start Free Trial | ||||||||
Common questions about LinkDoc Technology
| When was LinkDoc Technology founded? | LinkDoc Technology was founded in 2014. |
| Where is LinkDoc Technology headquartered? | LinkDoc Technology is headquartered in Beijing, China. |
| Is LinkDoc Technology publicly listed? | No, LinkDoc Technology is a private, VC-backed company. |
| How much funding has LinkDoc Technology raised? | LinkDoc Technology has raised $252M across 2 funding rounds. |
| What was LinkDoc Technology's last funding round? | LinkDoc Technology's last funding round was a $103M Series D in September 2020. |
| Who are LinkDoc Technology's investors? | LinkDoc Technology's investors include Jinnan-Haihe-Kuandai Industry Fund, CBC Capital, China Investment Corporation, Youshan Capital, CICC and iFOF. |
| Which companies are comparable to LinkDoc Technology? | Companies comparable to LinkDoc Technology include IQVIA, Veeva, IDEXX Laboratories, Roper Technologies, Commure and Doctolib. |
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