Yidebang

About Yidebang

Yidebang, operated by Mingyi Zhonghe Technology (Beijing) Co., Ltd., was established in 2015 with a mission to serve public health by focusing on enhancing the standard of primary care through information technology. The company has developed a targeted solution for grassroots clinics in rural areas, centered around its core product, the Yidebang clinic information management software. This platform functions as a Primary Health Care (PHC) ecological service, aiming to be an influential next-generation software provider for grassroots diagnostic and treatment services in China.

The firm's business model revolves around providing a comprehensive software-as-a-service (SaaS) platform for these smaller medical institutions. The Yidebang system is a clinic information management tool designed to streamline operations for primary care providers. The platform includes features accessible via a mobile app and an internet hospital portal, indicating a model that supports both clinic administration and patient-facing telehealth services. This positions the company within the digital health and health-tech market, specifically serving the foundational level of China's healthcare system.

Since its inception, Yidebang has successfully navigated several rounds of funding, indicating strong investor confidence in its market position and growth potential. The company secured an Angel round in May 2016, followed by a Pre-A round in April 2017 and a Series A of 60 million RMB in November 2017 from investors including Tonghe Yucheng and Yuan-Yi Capital. An A+ round of an undisclosed nine-figure RMB amount was completed in August 2018 with investment from Fosun Pharma. The most significant publicly disclosed funding was a Series B round in October 2019, raising over 100 million RMB, with investors including Yijing Capital and Sinovation Ventures. These financial milestones have been crucial in fueling the company's development and expansion efforts in the competitive health-tech landscape.