(VCBeat) Feb. 22, 2021 -- Recently, YIBEI announced it has closed tens of millions of yuan in Series A funding, led by Hai Bang Capital, with participation from Medlinker and Pudu Capital.
Founded in 2019, YIBEI is committed to providing digital procurement and supply chain operation solutions for upstream and downstream medical enterprises, with most of its core team members coming from well-known medical and Internet medical companies. The company has always adhered to the core concept of "using digital technology, providing competitive products and services, and continuously creating maximum value for clients", with its products being applied in more than 100 medical institutions and thousands of medical enterprises.
Li Zongli, founder and CEO of YIBEI, said that at present, the data-driven medical procurement SAAS and supply chain operation system is still in the early stage of development, after this round of financing, YIBEI will further invest in the R&D of intelligent and big data-based applications, improve the customer experience, build interconnectivity of upstream and downstream through the medical purchasing platform and operation service system, and accelerate the market expansion.
The VWork intelligent supply chain management system self-developed by YIBEIcovers the digital management needs of medical institutions, such as supplies, instruments, drugs, logistics, etc. The system adopts modular design and development, and can be independently configured according to different needs of hospitals in each development stage. Its unique AI-powered procurement function helps medical institutions to achieve multi-dimensional price comparison, reduce costs, and improve operational efficiency.
YiEDP (the enterprise digital platform developed by YIBEI), based on big data of drugs and medical devices, providing cloud services of marketing, intelligent procurement, supply chain management, customer relationship management (CRM), cloud certificates, and finance, which realize the Information connectivity at all levels and the precise and efficient digital management for clients.
About Hai Bang Capital
Hai Bang Capital is an investment company focusing on venture investment and private equity. In 2011, Hai Bang Capital launched its first Hai Bang Talent Fund. Hai Bang Capital is focused on technology innovation, connecting capital and technology. In addition to providing capital, Hai Bang Capital provides its invested companies with personalized value-added services, stimulating both the national economy and social benefits.