Latest round

Seed

Last raised

Jun 2024

Total raised

Undisclosed

Investors

2

About Laobai

Based in Haikou, China, and founded in 2020, Laobai is a healthcare information technology company that provides digital pharmaceutical welfare management services., Ltd. and Anhui Xiangchuan private equity fund management. The company has developed a digital healthcare insurance service platform covering three areas which drug purchasing, patients welfares management and internet healthcare. Its core business is digital pharmaceutical benefit management. The company enhances the allocation of healthcare resources and optimises the quality of healthcare services through commercial insurance pooling and internet pharmaceutical services. Users can download the application to manage the healthcare welfares and purchase medicines, such as medical povidone-iodine swabs, ice boron eye drops and magnesium aluminium carbonate chewable tablets. Laobai also provides commercial insurance solutions for pharmaceutical companies and retailers. Laobai generates revenue by providing digital healthcare insurance service platforms and commercial insurance solutions. The company will improve the service system, strengthen product technology research and development, and promote business upgrading.

Who invested in Laobai

2 investors across 1 round

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Funding rounds

  1. Seed

    Jun 7, 2024

    Amount

    Undisclosed

    Investors

    Locked

Questions about Laobai

Who invested in Laobai?

Laobai has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Laobai raised?

Laobai has raised 1 venture round. Sign up free to see how much each round raised and the total.

When did Laobai last raise money?

Laobai's most recent round on record is a Seed, in Jun 2024.

What does Laobai do?

Based in Haikou, China, and founded in 2020, Laobai is a healthcare information technology company that provides digital pharmaceutical welfare management services.

Where is Laobai headquartered?

Laobai is headquartered in Haikou, China.

Which VCs invest in companies like Laobai?

Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Peak XV Partners, MPCi and Luminous Ventures back healthcare it companies at Laobai's stage. Their profiles are linked below.

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