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- Shanghai LinkedCare Information Technology
Shanghai LinkedCare Information Technology Valuation, Funding & Investors
Shanghai LinkedCare Information Technology is valued at $1.5B as of April 2019.
Last Shanghai LinkedCare Information Technology valuation
$1.5B
Series C · Apr 2019
Last Shanghai LinkedCare Information Technology funding round
$100M
Series D · Jun 2021
Cumulative funding Shanghai LinkedCare Information Technology raised
$133M
across 4 funding rounds
Key investors in Shanghai LinkedCare Information Technology
Matrix Partners China
Cowin Capital
Lightspeed China Partners
Investcorp Capital
Everest Venture Capital
Meituan
About Shanghai LinkedCare Information Technology
Shanghai LinkedCare Information Technology is a Shanghai-based digital platform for consumer medical services targeting dental clinics and aesthetic institutions. It delivers integrated solutions for operations management, standardized diagnostics, marketing, mobile offices, and data-driven decisions. The platform automates full digital workflows to support revenue growth, risk mitigation, cost reduction, and efficiency gains in health management cycles.
Founded
2015
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Valuation
$1.5B (Apr 2019)
Shanghai LinkedCare Information Technology Valuation
Shanghai LinkedCare Information Technology is currently valued at $1.5B, based on its Series C in April 2019.
The $15M round was led by Everest Venture Capital and Taikang Asset.
Shanghai LinkedCare Information Technology valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Apr 2019 | Series C | $1.5B |
Shanghai LinkedCare Information Technology Funding History
Shanghai LinkedCare Information Technology has raised a total of $133M across 4 funding rounds.
Shanghai LinkedCare Information Technology's first fundraising round was a $15M Series B in December 2017. The most recent completed round was a $100M Series D in June 2021.
Shanghai LinkedCare Information Technology funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jun 2021 | Series D | Investcorp Capital (lead); Lightspeed China Partners; Matrix Partners China; So-Young; Jiawei Gan; Jinding Capital; Cowin Capital; Sheng Ye Capital | $100M | - | Shanghai LinkedCare Information Technology is a medical software-as-a-service provider founded in 2015 and headquartered in Shanghai, China. The company specializes in providing cloud-based clinic management software, electronic health records systems, and supply chain management solutions for dental and medical aesthetics clinics. LinkedCare serves over 30,000 dental and medical aesthetic clinics with comprehensive SaaS solutions covering clinic management, patient CRM, electronic medical records, inventory and sales management, financial reporting, insurance payment, imaging systems, and business analytics tools. In June 2021, LinkedCare announced its Series D round led by Investcorp, with co-investors including Matrix Partners China, Lightspeed China Partners, So-Young International, Jinding Capital, and Sheng Ye Capital. Combined with the Series C2 round announced a few months prior, LinkedCare raised over USD100 million during a six-month period in 2021. The company has demonstrated strong market position within China's consumer healthcare SaaS and supply chain segment, benefiting from secular growth in dental and medical aesthetics demand driven by China's economic development and demographics. |
| Apr 2019 | Series C | Everest Venture Capital (lead); Taikang Asset (lead) | $15M | $1.5B | Shanghai LinkedCare Information Technology raised $14.9 million on April 28-29, 2019 from lead investors Everest Venture Capital and Taikang Asset. The post-money valuation for this round reached $1.5 billion. The company operates in the healthcare software and services sector, providing SaaS and supply chain solutions, particularly for the dental and beauty industry in China. |
| Sep 2018 | Series B | Meituan (lead) | $3M | - | - |
| Dec 2017 | Series B | Fosun Pharma (lead) | $15M | - | - |
Who has invested in Shanghai LinkedCare Information Technology?
12 investors have backed Shanghai LinkedCare Information Technology across its funding rounds, including Matrix Partners China, Cowin Capital, Lightspeed China Partners, Investcorp Capital, Everest Venture Capital and Meituan.
Lead investors include Investcorp Capital, Everest Venture Capital, Taikang Asset, Meituan and Fosun Pharma.
Shanghai LinkedCare Information Technology Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 1 | Participant | Jun 2021 | ||
| 1 | Participant | Jun 2021 | ||
| 1 | Participant | Jun 2021 | ||
| 1 | Lead | Jun 2021 | ||
| 1 | Lead | Sep 2018 | ||
| 1 | Participant | Jun 2021 | ||
| 1 | Lead | Apr 2019 | ||
| 1 | Lead | Dec 2017 | ||
| 1 | Lead | Apr 2019 | ||
| 1 | Participant | Jun 2021 | ||
This data is available for Pro users. Sign up to see all 12 Shanghai LinkedCare Information 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 TrialShanghai LinkedCare Information Technology Competitors
Shanghai LinkedCare Information Technology competitors include listed companies like B-Soft Co. and Phreesia, and private ones like Clarify Health Solutions, DocPlanner, NexHealth and Jane Software.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $1.4B | - | ||
| Private | - | - | $1B | - | ||
| Private | - | - | $1B | - | ||
| Publicly listed | $157M | ($37M) | $769M | 4.8x | ||
| Publicly listed | $481M | $27M | $638M | 1.3x | ||
| Private | $100M | - | $600M | 6.0x |
Shanghai LinkedCare Information Technology Public Comps
Shanghai LinkedCare Information Technology is still privately-owned, but its public comps include Omnicell, Indegene, EverCommerce, U.S. Physical Therapy, Qingdao Baheal Medical, PHC Holdings, Vitec Software, iFLYHealth, HealthStream and Schrödinger.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $1.2B | $92M | 1.2x | 1.1x | 15.0x | 8.1x | |||
| $366M | $68M | 3.7x | 3.3x | 19.9x | 18.2x | |||
| $589M | $128M | 3.0x | 2.9x | 13.7x | 9.5x | |||
| $781M | $110M | 2.5x | 2.3x | 17.5x | 18.9x | |||
| $1.1B | $139M | 1.9x | 1.9x | 15.1x | 16.8x | |||
| $2.3B | $320M | 1.0x | 1.0x | 7.2x | 6.5x | |||
| $371M | $151M | 3.7x | 3.5x | 9.1x | 9.0x | |||
| $136M | ($7M) | 7.7x | 6.2x | (150.8x) | (144172.5x) | |||
This data is available for Pro users. Sign up to see all Shanghai LinkedCare Information Technology competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Shanghai LinkedCare Information Technology
| When was Shanghai LinkedCare Information Technology founded? | Shanghai LinkedCare Information Technology was founded in 2015. |
| Where is Shanghai LinkedCare Information Technology headquartered? | Shanghai LinkedCare Information Technology is headquartered in Shanghai, China. |
| Is Shanghai LinkedCare Information Technology publicly listed? | No, Shanghai LinkedCare Information Technology is a private, VC-backed company. |
| What is Shanghai LinkedCare Information Technology's valuation? | Shanghai LinkedCare Information Technology was last valued at $1.5B in its Series C in April 2019. |
| How much funding has Shanghai LinkedCare Information Technology raised? | Shanghai LinkedCare Information Technology has raised $133M across 4 funding rounds. |
| What was Shanghai LinkedCare Information Technology's last funding round? | Shanghai LinkedCare Information Technology's last funding round was a $100M Series D in June 2021, led by Investcorp Capital. |
| Who are Shanghai LinkedCare Information Technology's investors? | Shanghai LinkedCare Information Technology's investors include Lightspeed China Partners, Matrix Partners China, So-Young, Investcorp Capital, Meituan, Jiawei Gan, Everest Venture Capital, Fosun Pharma, Taikang Asset, Jinding Capital and 2 others. |
| Which companies are comparable to Shanghai LinkedCare Information Technology? | Companies comparable to Shanghai LinkedCare Information Technology include Clarify Health Solutions, DocPlanner, NexHealth, B-Soft Co., Phreesia and Jane Software. |
See companies similar to Shanghai LinkedCare Information Technology
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