100 Doc, an Internet innovation company focusing on the digitalization of pharmaceutical marketing, announced that it has completed tens of millions of US dollars in A+ round of financing. MindWorks Capital led the investment, Eastern Bell Capital and KIP followed up, and HM Capital continued to follow up as a round A investor. Bairong Capital served as the financial advisor for this financing.
Founded in 2016, 100 Doc is a leading medical digital marketing service provider in China. It uses its self-developed full-scenario one-stop SaaS cloud service platform to empower pharmaceutical companies, device companies, societies and associations and other institutions to provide a full-scenario one-stop service The overall technical solution.
Gao Jianfei, the founder and CEO of 100 Doc, said that 100 Doc is a company with a deep toB service gene. It is our belief and pursuit to insist on customer first, help customers succeed, and create value for customers. This round of financing is mainly used for product development. , Technology investment, recruitment of excellent talents, market development and business extension, which will further consolidate the company's industry leading position in the one-stop overall solution for digital marketing.
After completing the tens of millions of yuan in Series A financing of Huiyi Capital in September last year, 100 Doc attracted intensive support from several well-known funds for nearly a year, which also highlighted the company's huge potential and value on the digital track of pharmaceutical marketing. With the continuous deepening of medical reform and the continuous advancement of policies such as mass procurement, the profit margins of pharmaceutical companies have been greatly reduced, and an efficient academic promotion model under the compliance framework is urgently needed. In this context, the nearly trillion pharmaceutical marketing market is ushered in digitalization Opportunities for transformation.
It is the general trend that academic promotion returns to the origin of value, and the epidemic has accelerated industry changes. Gao Jianfei revealed that Internet medical entrepreneurship depends not only on the invisible hands of the market, but also the visible hands of the government. Under the triple catalysis of policies, the market and the epidemic, the business of 100 Doc in 2020 will continue to maintain 500 % Rapid growth. During the epidemic, 100 Doc was empowered by technology to provide a digital exclusive platform for medical industry societies, medical education institutions, respiratory infections and other hospital departments for free, and effectively help medical staff to complete the transmission of medical information when the physical space is blocked. Up to now, 100 Doc has successfully served nearly 100 industry societies and associations, more than 500 domestic and foreign head medical equipment companies, and a large and medium-sized medical equipment company customer is added every day during the epidemic.