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Ob/Gyn healthcare app completes more than USD 10 million Series A financing

Fengxinzi financing
From Baidu Images.

Fengxinzi, a Chinese healthcare app specializing in ob/gyn concerns, announced that it has raised over USD 10 million in Series A financing from lead investor Trust Bridge Partners, Sohu News reported on Monday.

Founded in 2014 in Beijing, Fengxinzi, meaning hyacinth in English, enables its millions of users to consult with ob/gyns on health issues through their smartphones. Users can get advice from doctors through text messages, phone calls, and video lectures. Users can also interact with each other on the app and get information about pregnancy concerns.

Gong Xiaoming, founder of Fengxinzi, said the company will build an online-to-offline healthcare service. He thinks the strength of the app comes from its complete O2O chain. For example, users can get advice online, then consult one of the app’s doctors offline. After getting a diagnosis from the doctor, the user can get more advice online and recieve further offline treatment if necessary, thus completing the cycle. Gong has had 15 years of experience working as an associate professor of Obstetrics and Gynaecology at a leading Chinese hospital before founding the app.

Trust Bridge Partners said that it had confidence in Feingxinzi’s healthcare service pattern and network of doctors on the app. Furthermore, the introduction of the two-child policy and the development of the online healthcare sector will bring Fengxinzi more attention from users and enhance user loyalty, says the investor. Trust Bridge Partners was also an investor in China’s internet security giant Qihoo 360 Technology, Mogujie, a Chinese shopping platform for women, and Douban, a leading Chinese social networking website.

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