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Apricot Forest

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Apricot Forest's mobile app provides doctors with patient records

Dongcheng District, ChinaFounded 2011Biotech & Life Sciences
Valuation $100–250M Last recorded · 2016
Total funding $10–50M Disclosed equity funding
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About Apricot Forest

Apricot Forest, known as Xingshulin in China, was established in 2011 by Dr. Yusheng Zhang. The company's name is inspired by the ancient Chinese fable of Dong Feng, a skilled doctor from the Three Kingdoms period who, instead of charging fees, asked cured patients to plant apricot trees, eventually creating a forest that benefited the entire community. Dr. Zhang, motivated by his own experiences and the desire to bridge the medical and tech worlds, aimed to address the systemic inefficiencies and immense pressure faced by physicians in China.

The company operates in China's digital healthcare market, providing mobile software and services specifically for physicians. It targets the core challenges of an overburdened healthcare system where doctors often manage caseloads of 50 to 60 patients daily. Apricot Forest's business model is multifaceted, generating revenue by charging pharmaceutical companies for advertising within its apps, taking a percentage from the sales of medical literature and books, and planning to charge patients for premium follow-up consultations with their doctors.

Apricot Forest offers a suite of three applications designed to streamline physicians' workflows. The primary app, MedClip, functions as a comprehensive patient management system, allowing doctors to digitally store and organize patient records, dictate notes, communicate with patients via messaging platforms like WeChat, and consult with peers on complex cases. A second app, e-Pocket, serves as a digital reference tool containing drug formularies and medical calculators. The third, Medical Journals, enables doctors to stay current with the latest research. These tools aim to improve care quality and make the medical practice more efficient for China's doctors.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2011
Headquarters
Dongcheng District, China
Open positions
1
Dealroom signal
21.3/100
Industry
Health, Telecom
Sub-industry
BioTechnology, Health Platform
Sector
Biotech & Life Sciences, Biotechnology, Biotech and Pharma, Hard Tech, DT and LS, science-based
Client focus
b2b
Links
Website

Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES D✓Equity / VC Jan 2016 $30M $120M BlueRun Ventures · Joincare Pharmaceutical —
SERIES CEquity / VC Dec 2014 $8.9M $36M Undisclosed —
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Growth signals

Apricot Forest website traffic

Latest recorded traffic for Apricot Forest is 19K monthly website visits, down 24% over the last three months.

Latest monthly visits19K 3-month web change-24%
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Open positions

Openings linked to this company in Dealroom
1 distinct opening shownExplore hiring signals →

Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

2 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series B and later2 investors entered at this stage

  • Joincare Pharmaceutical
  • BlueRun Ventures
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Key operators Hidden — book a demo quality score
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Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇨🇳 China · Dongcheng District HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Apricot Forest on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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