China-based medical software provider LinkedCare has received RMB100m ($14.8m) in a series C1 round that included Taikang Asset Management, a subsidiary of insurer Taikang Life Insurance.
Venture capital firm Everest Venture Capital also took part in the round, which came after the company secured an eight-figure renminbi sum in a September 2018 series B-plus round featuring local services platform Meituan Dianping according to China Money Network.
Founded in 2015 and formally known as Shanghai LinkedCare Information Technology, LinkedCare has created a software platform that collates patient, insurance, third-party service, supplier and medical device data on a single dashboard.
The interface its used by hospitals, clinics, dentists and other medical institutions to manage tasks in areas such as electronic health records, customer relationships and billing.
Matrix Partners China provided an undisclosed amount of angel funding for LinkedCare in 2015, before it raised approximately $10m in series A and A-plus rounds led by medical social media platform DXY and conglomerate Fosun respectively, in 2016. Fosun added an undisclosed amount of series B funding for the company in 2017.