CAMBRIDGE, England, July 7, 2022
/PRNewswire/ -- Healthera, Cambridge-based health-tech platform,
announces today that it has received investment from Serafund, a VC
fund backed by entrepreneur and investor Bob Xiaoping Xu. This venture round was
structured under a convertible loan note and oversubscribed with
participation from several existing investors.
Bob Xiaoping Xu is an
entrepreneur who co-founded New Oriental Education & Technology
(NYSE: EDU) and later became a leading VC and angel investor. He
was a founding Managing Partner for ZhenFund, an early
stage-focused fund with over 700 companies in its portfolio, of
which 26 have either gone public or reached valuations above
$1 billion.
This investment follows Healthera's Series A led by Accelerated
Digital Ventures and Cambridge Enterprise. Since then, Healthera
has quickly scaled into the leading digital health platform that
provides millions of patients with access to medicines, healthcare
products, and private treatments locally delivered from 1500 local
pharmacies in the UK. Not only is Healthera the trusted partner of
over 800 independent pharmacies, it partners with market leaders
like Superdrug, Alliance Healthcare, and Peak Pharmacy Group to
deliver best-in-class patient services.
Healthera intends to use the new investment to expand its
tele-pharmacy platform's capabilities, develop new partnerships,
and accelerate strategic initiatives. Specifically, Healthera plans
to enhance pharmacy workflow and operations with its platform,
build additional patient engagement capabilities around managing
long-term conditions, and prove on a large scale its lasting impact
on patient outcomes.
Quintus Liu, CEO of Healthera,
commented, "we're pleased to welcome onboard our new partners at
Serafund, who bring unique insights from building and backing
world-class technology businesses. We're also grateful for the
support from our existing investors, who remain as convicted as
ever to the vision of transforming the patient experience and
pharmaceutical value chain through digitally enabling thousands of
high street pharmacies."
Anthony Wang, Founding Partner
from Serafund, commented, "we're impressed to see how far the
Healthera team has come and the scale it has achieved. We are
looking forward to seeing Healthera continue building onto its
success and further develop as a market leader in digital
healthcare."
About Serafund
Founded in 2021, Serafund is a venture
capital firm that invests across multiple stages. The firm is
backed by Bob Xiaoping Xu,
China's top angel investor and
3-time member of Forbes Midas 100 list. Serafund actively partners
with outstanding entrepreneurs to build disruptive, innovative
companies that aim to deliver strong financial returns and lasting
impact.
About Healther
Founded out of Cambridge University in 2015, Healthera operates a
leading healthcare marketplace that provides patients with
medicines, healthcare services and products through the largest
digital platform of pharmacies in the UK, including over 1500
pharmacies from large national chains and independent
providers.
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SOURCE Healthera; Serafund