Funding round
Ping An Good Doctor Series A
Ping An Good Doctor, which works in medical and elderly care management services in Shenzhen, raised $1.15B in a Series A round announced on 2 Feb 2018, led by SoftBank Vision Fund, at a $8.80B post-money valuation. 3 firms took part. It is Ping An Good Doctor's second venture round on record; the one before was a Growth in Feb 2018.
$1.15B
Amount raised
$8.80B
Post-money valuation
3
Investors
1 lead
13%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Ping An Good Doctor at $8.80B after the new money. The $1.15B bought investors about 13% of the company. It is 74% of the $1.55B Ping An Good Doctor has raised in the venture rounds on record. No later venture round is on record for Ping An Good Doctor.
Ping An Good Doctor's funding rounds
Ping An Good Doctor has 2 venture rounds on record. This one is highlighted.
- Growth 2 Feb 2018, led by SoftBank Vision Fund $400M
- Series A this round 2 Feb 2018, led by SoftBank Vision Fund $1.15B$8.80B post-money
Investors
Who put money in
SoftBank Vision Fund led the round with 2 other firms.
Lead investor
- SoftBank Vision Fund backs 234 venture-backed companies new investor
Also in the round
- International Digital Group new investor
- backs 45 venture-backed companies new investor
Comparable rounds
How it compares
22 Series A rounds in Health Care Services within a year either side disclosed an amount; the median was $10M, and this round was 115 times the median. The closest in time, other companies' Series A rounds in Health Care Services:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Health Care Services | 23 Feb 2018 | $12M | not disclosed | White Star Capital |
| Health Care Services | 3 Feb 2018 | $1.5M | not disclosed | not named |
| Cityblock Health Health Care Services | 4 Jan 2018 | $21M | not disclosed | Maverick Ventures |
| Health Care Services | 9 Mar 2018 | $4.0M | not disclosed | large private corporation |
| Health Care Services | 14 May 2018 | $10M | not disclosed | not named |
| Health Care Services | 23 Nov 2017 | $6.6M | not disclosed | Shravin Bharti Mittal |
| Health Care Services | 17 May 2018 | $4.2M | not disclosed | Prime Venture Partners |
| Health Care Services | 12 Jun 2018 | $22M | not disclosed | not named |
Sources
Where this comes from
Reported by 4 sources.
Questions
Frequently asked
How much did Ping An Good Doctor raise in its Series A round?
Ping An Good Doctor raised $1.15B in its Series A round, announced in Feb 2018.
Who led Ping An Good Doctor's Series A round?
SoftBank Vision Fund led it, with International Digital Group and SBI Holdings.
What was Ping An Good Doctor's valuation at the Series A round?
$8.80B post-money.
How does it compare with other Series A rounds in Health Care Services?
22 Series A rounds in Health Care Services within a year either side disclosed an amount; the median was $10M, and this round was 115 times the median.