By Fineline Cube China-based household healthcare and nursing brand Fortune Care reportedly raised over RMB 100 million (USD 14.33 million) in a Series C+ financing round. The round was solely led by a central government-owned enterprise. The proceeds will be used for commercial service and digital operation system construction, as well as nationwide market service network expansion.
Company Background and Achievements
Founded in 2011, Fortune Care specializes in long-term care insurance and has established a significant business presence covering 50 cities and 300 networks. The company provides annual services for over 15 million people, highlighting its commitment to delivering high-quality healthcare and nursing services.
Future Prospects and Strategic Use of Funds
The Series C+ financing round positions Fortune Care to further enhance its commercial services and digital operation systems. By investing in nationwide market service network expansion, the company aims to solidify its position as a leading provider of household healthcare and nursing services, addressing significant unmet needs in the healthcare market.-Fineline Info & Tech