According to 36Kr.com, "Yi Ling Yi", an Internet maternal and child health management platform, has recently completed its Series A+ round financing of tens of millions, led by Yunqi Partners. The existing shareholders Sinovation Ventures, Vision+ Capital and Eastern bell Capital also participated in this round. Qianyue Capital acted as the exclusive financial adviser of this round.
As an Internet maternal and child platform, Yi Ling Yi is different from the existing information communities, or other kinds of vertical e-commerce platforms for maternal and child supplies in the industry. It provides personalized health services based on the specific health data of each family and helps medical staff. Based on the doctor-patient relationship with continuous health data records, the O2O service model of exclusive medical service centered on individuals and families is formed.
Proceeds from the latest round will mainly be used to build the "doctor's studio for maternity and child health" on "Yi Ling Yi", with the doctor end using the app called "Bugu Doctor" and the user end using the corresponding app called "Bugu Mother". Yin Xiaopeng, CEO of "Yi Ling Yi", said that the "doctor's studio" is to help improve the efficiency of patient management for doctors, while maximizing the value of doctors' services per unit of time, so that mothers and infants can obtain adequate, professional and personalized health management support during the critical period of the early 1,000 days of babies' life.
So far, there are more than 2 million families on "Yi Ling Yi". The platform's monthly advertising and e-commerce revenue is more than 10 million yuan, with the revenue in July has reached five times than that of last December.
About Yunqi Partners
Founded in 2014, Yunqi Partners has been successfully partnering with tech entrepreneurs to make an impact on the tech startup landscape in China. The company has long focused on early and mid-term investment opportunities in the fields of Enterprise Internet and IoT.
About Sinovation Ventures
Sinovation Ventures is a leading Chinese technology venture capital, started in 2009 by a team led by Dr. Kai-Fu Lee, with presences in Beijing, Shanghai, Nanjing, Guangzhou, and Shenzhen. It currently manages over $2B AUM between seven USD and RMB funds in total, and over 350 portfolio companies across the technology spectrum in China. The company invests in start-ups at the seed, Series A and Series B stages.