According to VCBeat, Zhejiang Yunkai Yamei Pharmaceutical Technology Co., Ltd. ("inCarey") has secured US$ 30 million in a Series B+ round from Long Hill Capital. China Renaissance served as the exclusive financial adviser in this round of financing.
inCarey is committed to building a comprehensive service platform for chronic diseases and major diseases in China, with the most comprehensive medical service and operation system of single diseases. inCarey operates a retail chain of stores in China, intended to provide various pharmaceuticals for major diseases. The company's online platform is cloud-based and offers professional disease management services, along with one-on-one interaction of doctors with patients and an internet retail platform, enabling the users to receive medicines for major diseases through the e-commerce platform.
Liu Yunjiang, founder and CEO of inCarey, said that the funds raised will be mainly used to further strengthen the online service system, expand the scale of patients and cover more diseases.
inCarey connects doctors, patients and drug companies and provides service in the whole course of the disease with all prescription and channels, and through the network with doctors and pharmacists and digital tools, it can achieve better management of chronic and major diseases.
The whole course management system developed by inCarey covers visits of doctors, examining, drug therapy, surgical treatment, rehabilitation medicine and postoperative follow-up. It provides one-stop therapy management services for patients, follow-up and clinical data for doctors, and medication compliance management for drug companies to expand their product sales.
About Long Hill Capital
Long Hill Capital is a next-generation thesis-driven venture capital firm. It invests in technology-enabled healthcare and consumer services companies which seek to massively improve health and quality of life for every Chinese.
Over the course of their venture capital careers, the Long Hill Capital team has invested in such industry-leading companies as CITIC Pharmaceutical, WeDoctor, Hygeia Medical Services, GST Clinics, LineKong, LianLian Pay, Ele.Me, TheBeastShop and more.