According to VCBeat, Pearl Care just received a few million dollars in the newest round of financing. This round of financing was led by Yi Capital, the funds will be used to improve Pearl Care’s products to meet the needs of the customers.
Founded in 2016, Pearl Care mainly focuses on pediatrics, it provides medical services for patients with online and offline methods. At present, Pearl Care has 4 clinics in China, in the beginning, Pearl Care is focused on pediatrics, health care, and dermatology. As time goes by, Pearl Care changed its services to meet the health care needs of the entire family including the adults.
There are 4 main changes that happened to Pearl Care. First, pediatric disease diagnosis and treatment service upgrade. Second, adult medical service upgrade. Third, Online clinic upgrade and fourth, health knowledge service system upgrade. After this upgrade, Pearl Care can provide a much better service to the kids and their families both online and offline.
The profits from online services have reached more than a million RMB per year, and the total profits have exceeded 10 million RMB per year. The future plan of Pearl Care is to expand its business, add new department and work with new partners. Pearl Care has developed a distinctive SOP, including doctors' diagnosis, nurse training, medical staff entry assessment, medical services and medical service standardization. Each clinic's doctors must go to the headquarters for three months of training.
About Yi Capital
Yi Capital mainly focuses on early-stage and mid-stage health care investment in China and USA in the filed of health care industries.