Recently, Beijing Cui Yutao Children's Health Management Center Co., Ltd. announced to the media that it has recently completed a $10 million financing. This financing by Double Lake Investment and A round exclusive investor Honghui Capital investment. The successful completion of the financing will promote the scale development of the online consultation function of the APP "Yuxueyuan" under Beijing Cui Yutao Children Health Management Center Co., Ltd. and the strategic layout of offline entities.
At the end of 2014, China's famous pediatric expert Dr. Cui Yutao, CEO Shao Zongzong and COO Jiang Wei co-founded Beijing Cui Yutao Children's Health Management Center Co., LTD., which is the first company in China that focuses on children's growth and health management. Dr. Cui Yutao serves as the chairman and chief health officer. Subsequently, it introduced the A round financing of the medical professional fund Honghui Capital. In May 2015, the first mobile parenting APP "Yuxueyuan", which focuses on the health management of children aged 0, was officially launched in China, committed to providing users with professional scientific parenting knowledge and recording functions. The launch of the kindergarten fills the gap in the maternal and child market that concerns children's health from the age of 0.
The largest investor of Shuanghu Investment, a leading multi-asset management institution in China, is Ms. Wu Yajun, chairman of the Board of Longfor Properties. Most of the management teams come from the front lines of investment and financing, internal control, human resources and administrative management of large enterprises. They have profound industrial background and are well versed in the organizational capabilities and resource preparation required at different stages of enterprise development. They are willing to go the same way with the investee companies and believe that quality growth will bring long-term and steady improvement of company value. Wu Yajun said, "Health care is an important area that Shuanghu Investment believes has long-term development potential, and can fundamentally improve the quality of human life and social services. Children's health care is a top priority in the future development of the country. The co-founders of Yuekuen combine a high level of expertise in children's medicine and health, a deep insight into the medical industry, a deep understanding of maternal and child users, and experience in mobile Internet. This is an excellent and complementary combination."
Zhang Yan, CEO of Shuanghu Investment, said: "We are full of confidence in the investment of" Yuxueyuan ", which combined with Doctor Cui Yutao's more than 30 years of medical experience, explore and create a unique 360 degree full dimension children's health management system in China. The overall team also has good execution ability, has been deeply exploring the needs of users and constantly improving, to provide users with better experience. These are in line with our philosophy of continuous quality service for our customers over the years. In addition to the investment brought by this cooperation, it will also play a substantial role in the development plan of Beijing Cui Yutao Children Health Management Center Co., LTD., including the establishment of offline medical and health institutions, overall brand management and fan maintenance. Both sides will be professional-led, resource-supported, win-win cooperation."
In view of this "cross-border" cooperation, Shao Zongzong, CEO of Beijing Cui Yutao Children's Health Management Center Co., LTD., said, "At the beginning of the establishment of the company, we developed a comprehensive management plan for children's healthy growth and development from online to offline. In 2015, the APP of "Yuxueyuan" gained successful experience online. In 2016, the current round of strategic financing, on behalf of the company, will officially start the layout development of offline physical medical and health institutions. We also hope to find a partner with the same creative spirit and focus on health care. As a professional medical oriented enterprise, medical and health care should be solid, maintain professionalism and high quality, and partners also need to do the same quality. Shuanghu Investment has always been very focused on details and service quality. During the communication, we also reached a consensus that the future offline medical and health institutions should become a century-old store of medical services and health management, and continue to serve all children and parents. We firmly believe that our success is not to cure a few children of disease, but to keep more children healthy."
Less than a year after its establishment, the company successfully completed two rounds of financing, and received high attention and recognition from the market for its medical + Internet. In the future, "Education and Learning Garden" will create a series of service processes from establishing online baby health management files, realizing online children's medical health consultation, to meeting children's health and medical needs through offline children's health management center. It aims to provide Chinese parents with scientific, systematic and developmental guidance on children's health management, leading the healthy growth.
Zhao Gang, founding partner of Honghui Capital, said, "In less than one year, the team of 'Yuxueyuan' has continuously improved its functions and strengthened its operation, and accumulated millions of online users with real needs and high activity. In this round of financing, Honghui attaches great importance to the strategic cooperation with Shuanghu, which will further promote the optimization and expansion of online functions and services of "Yuxueyuan". The unique resources of all parties will help the offline children's health institutions of 'Yuxueyuan' to provide a comprehensive, high-quality and highly valued parenting system to serve thousands of families."
