# The Amcare™ Group

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/the-amcare-group

- Industry: Healthcare
- Headquarters: Beijing, China
- Website: www.amcare.com.cn
- Total disclosed funding: $16M
- Latest round: Series B (Jan 3, 2018)
- Investors on record: 8

## About

Established in 2004 and based in Beijing, China, Amcare Corporation is a women's and children's hospital that provides medical services such as obstetrics, gynecology, and pediatrics. The company has 7 women's and children's hospitals, 2 comprehensive outpatient centers, and 5 confinement centers, covering Beijing-Tianjin-Hebei, Yangtze River Delta, and Pearl River Delta. In April 2020, it completed the acquisition of Beijing Baodao Maternity Hospital. In 2018, its Xiangshan store was in operation. In June 2022, ByteDance Ltd. acquired the firm for USD 1.5 billion. Following the transaction, ByteDance Ltd. will hold a 100% stake in the company.

The company offers medical diagnostic services via its medical institutions. Its medical center can be categorized into obstetrics, reproductive center, pediatrics, neonatology, gynecology, medical beauty, and comprehensive outpatient clinic. The company has already partnered with many insurance companies such as MSH China, Aetna, ERV, and CPIC, and provides insurance claims services to insurance clients.

## Funding rounds

- Series B, Jan 3, 2018 — Sino-Ocean Capital
- Series A, Oct 15, 2015 — Hillhouse Investment
- Series A, Nov 12, 2013, $16M — Warburg Pincus, China Renaissance, Everbright Capital
- Angel, Jan 1, 2011 — Legend Capital, China International Capital Corporation, China Aerospace Investment Holdings

## Investors

- Legend Capital — Angel
- China International Capital Corporation (https://capitalatlas.ai/funds/china-international-capital-corporation) — Angel
- China Aerospace Investment Holdings (https://capitalatlas.ai/funds/china-aerospace-investment-holdings) — Angel
- Warburg Pincus (https://capitalatlas.ai/funds/warburg-pincus) — Series A
- China Renaissance (https://capitalatlas.ai/funds/china-renaissance) — Series A
- Everbright Capital (https://capitalatlas.ai/funds/everbright-capital) — Series A
- Hillhouse Investment (https://capitalatlas.ai/funds/hillhouse-investment) — Series A
- Sino-Ocean Capital (https://capitalatlas.ai/funds/sino-ocean-capital) — Series B