Longwill/Pharmasky

Longwill/Pharmasky

Integrated medical and elderly care service provider.

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CNY30.0m

Series C
Total Funding000k
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Hangzhou Kangjiu Medical Investment Management Co., Ltd. operates as a specialized provider in the medical and elderly care sectors, aiming to be a leading supplier of combined medical and nursing services in China. The company integrates expertise from medical services, elderly care, chain management, and IT to create a comprehensive service model. It has established over 30 medical and elderly care institutions across various cities, including Hangzhou, Jiaxing, Ningbo, and Chengdu.

The firm has attracted investments from prominent domestic and international venture capital funds such as Qiming Venture Partners, DFJ, and Cybernaut Investment. It also receives support from the Saikang Fund, Zhejiang Province's first government-guided fund, and WeDoctor, a major internet medical platform in China. This financial backing supports the company's strategy to replicate its established operational model nationwide by integrating local resources and leveraging internet technology.

The business model focuses on combining medical services with elderly care, addressing the needs of a growing senior population. Its service offerings are managed by professional teams in both healthcare and elder services, distributed through a substantial network of facilities. By 2015, the company had already achieved an annual revenue of approximately 200 million RMB, indicating a strong position in its market segment.

Keywords: medical and elderly care, healthcare services, nursing homes, assisted living, senior care, chain management, medical investment, Chinese healthcare market, geriatric care, integrated healthcare, elder services, medical institutions, healthcare technology, Qiming Venture Partners, WeDoctor

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