# MediConCen

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/mediconcen

- Industry: Software
- Headquarters: Hong Kong, Hong Kong SAR - China
- Website: www.mediconcen.com.hk
- Total disclosed funding: $6.8M
- Latest round: Series A (Feb 7, 2024)
- Investors on record: 4

## About

Founded in 2018 and based in Kowloon, Hong Kong, MediConCen Limited provides insurance claim automation solutions. The company was co-founded by William Yeung (CEO), Kelvin Yeung, and Jenny Lau. In February 2024, MediConCen Limited raised USD 6.85 million in series A funding led by new investor HSBC Asset Management.

The company offers a blockchain-based medical insurance platform that helps in automating insurance claims and other related transactions. Additionally, with the help of Hyperledger Fabric Blockchain enables insurance to be used by insurance companies, medical networks, and clinics. The firm product range includes outpatient claim automation, inpatient claim automation, and document decision suite.

The company plans to use the February 2024 funding to accelerate its growth in the international market, including the Middle East and Southeast Asia.

## Funding rounds

- Series A, Feb 7, 2024, $6.8M — HSBC Asset Management, G&M Capital, Particle Accelerator Limited, Wings Capital Ventures

## Investors

- HSBC Asset Management (https://capitalatlas.ai/funds/hsbc-asset-management) — Series A
- G&M Capital (https://capitalatlas.ai/funds/g-m-capital) — Series A
- Particle Accelerator Limited — Series A
- Wings Capital Ventures (https://capitalatlas.ai/funds/wings-capital-ventures) — Series A