Elder home care service provider Xiaobaicare lands USD 43 M pre-Series A financing, & more

Screenshot from Xbcare.com
Screenshot from Xbcare.com


Founded in: 2015

Founder: Hong Zheming

Financing status: RMB 30 million (USD 43 million) Series Pre-A financing.

Xiaobaicare are an elderly home care service provider based in Ningbo. They use an O2O sales structure to provide elderly people with onsite home care services. Rather than acting as an agent between customers and service organizations, Xiaobaicare spend generously to train their own care workers to make them qualified to work in the industry.

Started in 2015, Xiaobaicare now have a team of about 1000 workers. Xiaobaicare have offered services in Shanghai since 2016; the number of orders have now accumulated to more than 18,000. In the future, Xiaobaicare will attract more funds to expand their team and offer services in new cities. Aside from this, Xiaobaicare are also considering opening a brick-and-mortar business for the training of care workers.

(Top photo from Baidu)

Kaikai Shi

Kaikai Shi writes for us. He holds a bachelor's degree in Biotechnology at Zhejiang University. His interests are in new technology and reading. Kai believes that new technology will change the world we live in, and is trying to engage himself in this process.

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