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Bang Er Orthopedic
A professional hospital investment and operation company
About Bang Er Orthopedic
Established in 2012, Banger Orthopedic Hospital Group Co., Ltd. is a specialized healthcare provider based in Zhejiang, China, that operates a chain of hospitals focused on orthopedic care. The company manages a significant portfolio of 18 medical institutions, with 15 of these classified as secondary or tertiary hospitals. This extensive network provides a substantial capacity for patient care, boasting over 4,000 beds and conducting close to 35,000 surgical procedures annually as of the end of 2020.
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The group's business model centers on delivering comprehensive medical services for the diagnosis and treatment of a wide array of orthopedic conditions. Its areas of specialization include hand and foot surgery, traumatology, joint surgery, and spine surgery, complemented by rehabilitation medicine. For patients seeking alternatives to surgery, the company also provides non-invasive treatments for common ailments such as neck, shoulder, back, and leg pain. To support its clinical operations, the hospitals are outfitted with advanced medical technology, including 1.5T MRI scanners, 16-64 row spiral CTs, mobile C-arm surgical X-ray machines, and imported color ultrasound and discoscope equipment.
Financially, the company has demonstrated the ability to attract significant investment. In November 2023, Banger Orthopedic secured over CNY 800 million in a pre-IPO funding round. This Series D round was led by new investor Xiamen C&D Emerging Industry Equity Investment, with existing investors including Eight Roads Ventures, GP Capital, and Zhejiang United Investment Group also participating. The stated use for this capital infusion is to further the development of digital orthopedics within its specialty hospitals and to recruit additional talent in the orthopedic field.
At a glance
- Status
- Operational
- Founded
- 2012
- Headquarters
- Changzhou, China
- Open positions
- None listed
- Dealroom signal
- 24.3/100
- Industry
- Health
- Sub-industry
- Health Platform
- Sector
- Health Tech & Medtech, Hard Tech
- Business model
- SaaS
- Client focus
- b2b
- Links
- Website
Latest news
Press, funding announcements and product moves mentioning Bang Er Orthopedic.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| LATE VCOther financing | Nov 2023 | $110M | $439M | October Capital · GY Capital · Xiamen C&D Emerging Industry Equity Investment · China Pacific Insurance | ↗ |
| SERIES DOther financing | Jan 2021 | $46M | $235M | Cenova Capital · Fortune Capital | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Bang Er Orthopedic is 380 monthly website visits, down 68.3% over the last three months.
Similar companies
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
Series B and later9 investors entered at this stage
Qiming Venture Partners
Cenova Capital- FCFortune Capital
Xiamen C&D Emerging Industry Equity Investment- OCOctober Capital
- GCGY Capital
China Pacific Insurance- SCSunshine Insurance Group Co
Lake Bleu Capital
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
An AI-synthesised read of the highest-engagement posts about Bang Er Orthopedic 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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