# Choice Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/choice-technology

- Industry: Healthcare IT
- Headquarters: Hangzhou, China
- Website: www.myweimai.com
- Total disclosed funding: $282M
- Latest round: Series D (Jan 7, 2025)
- Investors on record: 12

## About

Based in Hangzhou, China and established in 2013, Choice Technology Inc. operates as a digital health company that has developed a one-stop medical and health service platform. The founder is the vice president of Hangzhou Venture Capital Association. In 2016, the company was rated as a National High-Tech Enterprise. In January 2025, Choice Technology Inc. raised CNY 200 million in series D funding.

The company has developed a city-level Internet health and medical big data platform to provide users with services such as appointment registration, report query, medical record and health file management, and remote diagnosis and treatment. There are already 200,000 doctors providing more than 20,000 medical and health service SKUs on the platform. Its maternal and child health management program for the entire life cycle has been implemented in more than 500 hospitals across the country, including Guangdong Provincial Maternal and Child Health Hospital and Jinan Maternal and Child Health Hospital.

The company generates revenue by offering appointment registration, online doctor consultation, report query, medical record and health file management, remote diagnosis and treatment and other services.

The company will use the series D funding for the continued research and development of various disease management solutions and AI fields in managed healthcare organizations.

## Funding rounds

- Series D, Jan 7, 2025, $27M — Cenova Ventures, Source Code Capital, Vision Plus Capital, Zhejiang Yuhang Industrial Transformation & Upgrading Investment, CNCB (Hong Kong) Investment, CIF Investment Management, Nanhu Financial Capital, Deqing County Government Industrial Fund, Choice Capital
- Series C, Dec 14, 2020, $100M — IDG Capital, Cenova Ventures, Source Code Capital, Vision Plus Capital, Baidu Capital, MPC
- Series C, Jun 20, 2019, $100M — IDG Capital, Cenova Ventures, Source Code Capital, Vision Plus Capital, MPC
- Series B, Sep 13, 2018, $30M — Cenova Ventures, Source Code Capital, Vision Plus Capital, MPC
- Series A, Sep 30, 2016, $18M — MPC
- Angel, Sep 30, 2015, $6.3M — Source Code Capital

## Investors

- Source Code Capital (https://capitalatlas.ai/funds/source-code-capital) — Angel, Series B, Series C, Series D
- MPC — Series A, Series B, Series C
- Cenova Ventures (https://capitalatlas.ai/funds/cenova-ventures) — Series B, Series C, Series D
- Vision Plus Capital (https://capitalatlas.ai/funds/vision-plus-capital) — Series B, Series C, Series D
- IDG Capital (https://capitalatlas.ai/funds/idg-capital) — Series C
- Baidu Capital (https://capitalatlas.ai/funds/baidu-capital) — Series C
- Zhejiang Yuhang Industrial Transformation & Upgrading Investment — Series D
- CNCB (Hong Kong) Investment (https://capitalatlas.ai/funds/cncb-hong-kong-investment) — Series D
- CIF Investment Management (https://capitalatlas.ai/funds/cif-investment-management) — Series D
- Nanhu Financial Capital (https://capitalatlas.ai/funds/nanhu-financial-capital) — Series D
- Deqing County Government Industrial Fund — Series D
- Choice Capital (https://capitalatlas.ai/funds/choice-capital) — Series D