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- Miao
Miao Funding, Investors & Competitors
Miao has raised $126M across 3 funding rounds, most recently a $74M Series C in April 2019.
Last Miao funding round
$74M
Series C · Apr 2019
Cumulative funding Miao raised
$126M
across 3 funding rounds
Key investors in Miao
CITIC Capital Holdings
RiverHead Capital
China Pacific Insurance
Xiran Capital
Miao Overview
About Miao
Miao is a Chinese health technology startup incubated by SanPower Group, providing online consultations with top physicians for critical illnesses like cancer and heart disease. Based in Shanghai, its platform delivers second opinions and treatment plans through a digital interface, expanding access to specialized care across China.
Founded
2015
HQ
Website
Status
Privately held
Customer focus
B2C
Revenue model
Services
Miao Funding History
Miao has raised a total of $126M across 3 funding rounds.
Miao's first fundraising round was a $15M Series A in April 2016. The most recent completed round was a $74M Series C in April 2019.
Miao funding rounds
| Date | Stage | Investors | Raised |
|---|---|---|---|
| Apr 2019 | Series C | Xiran Capital; China Pacific Insurance | $74M |
| Apr 2017 | Series B | CITIC Capital Holdings (lead) | $36M |
| Apr 2016 | Series A | RiverHead Capital (lead) | $15M |
Who has invested in Miao?
4 investors have backed Miao across its funding rounds, including CITIC Capital Holdings, RiverHead Capital, China Pacific Insurance and Xiran Capital.
Lead investors include CITIC Capital Holdings and RiverHead Capital.
Miao Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 1 | Lead | Apr 2016 | ||
| 1 | Participant | Apr 2019 | ||
This data is available for Pro users. Sign up to see all 4 Miao investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialMiao Competitors
Miao competitors include listed companies like Max Healthcare Institute and Oscar Health, and private ones like Devoted Health, Ping An Good Doctor, Ro and WeDoctor.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $3.3B | - | $13B | 4.0x | ||
| Publicly listed | $858M | $232M | $10B | 10.2x | ||
| Publicly listed | $12B | ($391M) | $9.9B | 0.4x | ||
| Private | $271M | - | $8.8B | 32.5x | ||
| Private | $598M | - | $7B | 11.7x | ||
| Private | $139M | - | $7B | 50.4x |
Miao Public Comps
Miao is still privately-owned, but its public comps include Max Healthcare Institute, Oscar Health, Hims, Ping An Healthcare, JMDC, GoodRx, Teladoc, Talkspace, Guiyang Longmaster and Medley Inc..
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $858M | $232M | 12.6x | 10.2x | 46.5x | 36.8x | |||
| $12B | ($391M) | 0.5x | 0.4x | (15.9x) | 12.8x | |||
| $2.3B | $178M | 3.1x | 2.4x | 40.4x | 23.9x | |||
| $815M | $52M | 0.9x | 0.9x | 13.4x | 16.9x | |||
| $324M | $88M | 5.0x | 4.6x | 18.4x | 17.9x | |||
| $797M | $173M | 1.8x | 1.8x | 8.1x | 5.5x | |||
| $2.5B | $124M | 0.6x | 0.6x | 11.3x | 5.0x | |||
| $229M | $6M | 3.4x | 3.4x | 129.3x | 49.4x | |||
This data is available for Pro users. Sign up to see all Miao competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Miao
| When was Miao founded? | Miao was founded in 2015. |
| Where is Miao headquartered? | Miao is headquartered in Beijing, China. |
| Is Miao publicly listed? | No, Miao is a private, VC-backed company. |
| How much funding has Miao raised? | Miao has raised $126M across 3 funding rounds. |
| What was Miao's last funding round? | Miao's last funding round was a $74M Series C in April 2019. |
| Who are Miao's investors? | Miao's investors include RiverHead Capital, Xiran Capital, China Pacific Insurance and CITIC Capital Holdings. |
| Which companies are comparable to Miao? | Companies comparable to Miao include Devoted Health, Max Healthcare Institute, Oscar Health, Ping An Good Doctor, Ro and WeDoctor. |
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