Guokang Health Raises ￥10M in Strategic Financing

(VCBeat) Feb. 12, 2021 -- Guokang Health today announced it has raised tens of millions of yuan in strategic financing from Life Venture, a leading Chinese investment bank in the healthcare sector.

Founded in 2005, Guokang Health has built China's leading health management service system of private doctors. Its powerful offline service team has covered 100% of the core hospitals, 100 cities in China and reached cooperation with nearly 100000 doctors in offline-online health management. Guokang Health provides long-term employee health management and insurance services for a few hundred large enterprises and healthcare services for dozens of insurance companies.

In the future, Guokang Health will further connect the links of enterprises, individuals, medical institutions and insurance payout to build a closed loop of services required by medical care, and build a medical technology group with characteristics of Guokang called "United Health".

Mr. Yang Huashan, chairman of Guokang Health, said, "We thank Life Venture for its trust in Guokang and recognition of our long-term strategy. Guokang is confident that with the help of Life Venture, it will quickly grow into a leading medical technology group in China. Guokang Health will quickly reach cooperation with more listed companies, provide employee health management, physical examination and insurance services in groups, gradually covering the medical industry supply chain."

Li Hao, founder and CEO of Life Venture, said, "Due to the particularity of the dominance of public hospitals in China, the services of doctors in first-class hospitals at grade 3 have become a scarce resource. Guokang Health, based on years of deep exploration, has nearly 100000 excellent doctors providing offline services, is the only company with offline doctor network of the country's health management technology platform, which will allow itself to become significant in the future China health insurance market. Life Venture will be deeply involved in strategic planning and operations of Guokang Health to build China's leading medical technology group."