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

Shanghai LinkedCare Information Technology Overview

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

ChinaShanghai

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

Shanghai LinkedCare Information Technology valuation by funding round
DateStageValuation
Apr 2019Series 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

Shanghai LinkedCare Information Technology funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Jun 2021Series DInvestcorp 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 2019Series CEverest Venture Capital (lead); Taikang Asset (lead)$15M$1.5BShanghai 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 2018Series BMeituan (lead)$3M--
Dec 2017Series BFosun 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

Investors in Shanghai LinkedCare Information Technology by funding rounds participated
InvestorHQRoundsRoleFirst check
Lightspeed China PartnersChinaShanghai1ParticipantJun 2021
Matrix Partners ChinaChinaBeijing1ParticipantJun 2021
So-YoungChinaBeijing1ParticipantJun 2021
Investcorp CapitalUAEManama1LeadJun 2021
MeituanChinaBeijing1LeadSep 2018
Jiawei GanChinaChina1ParticipantJun 2021
Everest Venture CapitalChinaBeijing1LeadApr 2019
Fosun PharmaChinaShanghai1LeadDec 2017
Taikang AssetChinaBeijing1LeadApr 2019
Jinding CapitalChinaShanghai1ParticipantJun 2021

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Shanghai 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.

Public and private companies comparable to Shanghai LinkedCare Information Technology
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Clarify Health SolutionsUnited StatesSan Francisco, CAPrivate--$1.4B-
DocPlannerPolandWarsawPrivate--$1B-
NexHealthUnited StatesSan Francisco, CAPrivate--$1B-
B-Soft Co.ChinaChinaPublicly listed$157M($37M)$769M4.8x
PhreesiaUnited StatesUnited StatesPublicly listed$481M$27M$638M1.3x
Jane SoftwareCanadaVancouverPrivate$100M-$600M6.0x

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 FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Omnicell$1.2B$92M1.2x1.1x15.0x8.1x
Indegene$366M$68M3.7x3.3x19.9x18.2x
EverCommerce$589M$128M3.0x2.9x13.7x9.5x
U.S. Physical Therapy$781M$110M2.5x2.3x17.5x18.9x
Qingdao Baheal Medical$1.1B$139M1.9x1.9x15.1x16.8x
PHC Holdings$2.3B$320M1.0x1.0x7.2x6.5x
Vitec Software$371M$151M3.7x3.5x9.1x9.0x
iFLYHealth$136M($7M)7.7x6.2x(150.8x)(144172.5x)

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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.

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