LinkedCare, a consumer healthcare SaaS+ supply chain platform based in Shanghai, has reportedly raised “hundreds of millions” of renminbi in a Series E financing round. The funding was led by Wuxi Venture Capital and BHIDG, both state-owned enterprises. This investment will support the company’s ongoing expansion and innovation in the healthcare sector.
Company Overview and Solutions
Founded in 2015, LinkedCare offers dental SaaS software that provides an integrated solution for open source, risk avoidance, cost saving, and efficiency improvement in dental clinics. The company has made significant inroads into the invisible orthodontics field, launching the next-generation invisible orthodontic brand “Linkedsmile” and providing 3D printed braces solutions.
Market Presence and Clientele
LinkedCare serves over 50,000 dental and medical aesthetics institutions, holding a share of over 85% in the high-end private dental medical market. This strong market presence underscores the company’s commitment to delivering innovative and effective healthcare solutions.
Significance of the Funding
The Series E financing round is a significant milestone for LinkedCare, providing the necessary resources to further enhance its platform and expand its reach. The support from state-owned investors highlights the potential of LinkedCare’s solutions in the healthcare industry and its ability to drive innovation and growth.-Fineline Info & Tech
