Penguin Almond Group
PrivateLast Round
Series C
Apr 23, 2019
Est. Valuation
$1B
Total Funding Raised
$288M
Company Overview
Penguin Almond Group (企鹅杏仁) was a major Chinese healthcare services company formed in August 2018 through the strategic merger of Tencent-backed Penguin Doctor (企鹅医生) and Almond Doctor (杏仁医生). The initial input 'Penguin Almond Group' and domain 'xingren.com' refer to this merged entity and one of its predecessor companies, respectively. The merger created a comprehensive online-to-offline healthcare platform, combining Almond Doctor's network of 430,000+ doctors and offline clinics with Penguin Doctor's online service products and Tencent's backing. The new group provided services including online consultations, a network of physical clinics and day surgery centers, and health management systems across major Chinese cities like Beijing, Shanghai, and Shenzhen. In April 2019, the group raised $250 million in a funding round that valued it at over $1 billion. In 2021, Penguin Almond Group was rebranded to 'Future Doctor' (未来医生) and was subsequently absorbed by its sister company, Medlinker (医联), as part of a broader corporate restructuring.
Sector
Healthcare & Life Sciences
Verticals
Telemedicine, Patient Engagement, Vertical SaaS, Medical AI
Business Model
B2B2C
Customer Profile
Services & Consulting, Usage-Based SaaS, Subscription SaaS
AI Layer
Application
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Penguin Almond Group Comps
Public and private peers based on sector, stage, and business model.
Penguin Almond Group Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series C | Apr 23, 2019 | ||||
| Series B | Jul 15, 2015 | ||||
| Series A | Sep 22, 2014 |
Penguin Almond Group Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| FountainVest Partners | Series B |
| Shengshijing Asset Management Group | Series C |
| AVIC Trust | Series C |
| Lightspeed China Partners | Series A, Series B, Angel |
| Sequoia Capital | Series B, Series A, Series C |
| Harvest Wealth Management Co., Ltd. | Series C |
| GAW Capital Partners | Series C |
Penguin Almond Group Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Penguin Almond Group's valuation, stock price, and market status.