Shuidichou Closes $74 Million Series B for Internet Health Insurance Platform

Published on: Mar 27, 2019
Author: Amy Liu

Beijing-based Shuidichou completed a $74 million Series B funding round led by internet giant Tencent Holdings to support its internet health insurance programs. Founded in 2016, Shuidichou operates three separate businesses: a medical cost crowdfunding platform, an online medical community and a medical insurance platform. The company’s services are aimed at third, fourth and fifth tier China cities. Its medical cost crowdfunding site, which the company describes as free, has raised $1.8 billion for over 1 million people.

Source: China Biotoday

Biotechnology Genomics Healthcare Services Life Science Medical Device Pharmaceutical