About MiCare
MiCare is a Financial Services company based in Shah Alam (Malaysia) founded in 2006, and was acquired by Zuellig Pharma in June 2013. Third-party administration services are provided in Malaysia. MiCare has raised $90 million across 2 funding rounds from investors including Mitsui & Co, International Finance Corporation and Zuellig Pharma. Its chief executive, as recorded, is Moses Hee. Its website micaresvc.com draws about 288 thousand monthly visits. MiCare offers products and services including Healthcare Administration and Cost Management. Its focus areas include Third-Party Administrators. Its legal entity is MiCare Sdn Bhd.
Company details
MiCare was established in 2006 and is headquartered in Shah Alam, Malaysia. Third-party administration services are offered by the company, focusing on operational support for clients in various sectors. Activities are centered in the Malaysian market, with management led by CEO Moses Hee. The firm handles administrative tasks on behalf of third parties, ensuring efficient processing and compliance.
- Headquarters Shah Alam, Malaysia
- Stage Acquired
- SectorsFinancial Services
- Website category Finance · Banking Credit and Lending
- Phone•••• ••••
- Website micaresvc.com
- Social LinkedIn
- Acquired by Zuellig Pharma (Jun 2013)
- Legal Name Micare Sdn Bhd
- Total Equity Funding$90M (USD)
in 2 rounds
- Latest Funding Round$60M (USD), Series C
May 2021
- InvestorsMitsui & Co.
& 2 more
- Acquired byZuellig Pharma
(Jun 2013)
Products & Services of MiCare
MiCare offers a comprehensive portfolio of products and services, including Healthcare Administration and Cost Management.
Efficient and cost-effective administration is managed for insurers, brokers, agents, and corporates to streamline healthcare processes.
Opportunities to increase efficiency and prevent inaccuracies are addressed through medical audits, provider management, and oversight of patient flows.
Funding Insights of MiCare
MiCare has successfully raised a total of $90M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $60 million completed in May 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $90M
- Total Rounds 2
- Last Round Series C — $60M
- First Round $30M
(Dec 2020)
- Investors Count 2
All 2 funding rounds of MiCare with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
3 investors in total: 3 institutional.
Investors in MiCare
MiCare has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Mitsui & Co, International Finance Corporation and Zuellig Pharma.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
IFC is focused on private sector development in emerging markets. | 1956 | ifc.org | ||
Traditional conglomerate services are provided across multiple sectors by Mitsui. | 1947 | mitsui.com | Chiyoda City, Japan | |
Healthcare access in Asia is enhanced by Zuellig Pharma. | 1992 | zuelligpharma.com | Singapore, Singapore |
Investor details for MiCare
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of MiCare
1 people are tracked at MiCare (1 in leadership).
| Name | Role | Group |
|---|---|---|
Moses Hee | CEO | Leadership |
Complete people profiles for MiCare
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Timeline of MiCare
4 dated milestones of MiCare across 15 years, from founding to its latest funding, stage changes and deals.
- Founded MiCare is founded.
- Exit Acquired by Zuellig Pharma.
- Funding First funding round of $30.0M.
- Funding Latest funding round, Series C, of $60.0M.
Web traffic of MiCare
The website of MiCare (micaresvc.com) receives about 287.6K visits a month and ranks #129,540 among all websites worldwide, #8,111 in Banking Credit and Lending.
- Monthly visits287.6K
▲ 3.6% vs previous month
- Unique visitors18.8K
per month
- Global rank#129,540
among all websites
- Category rank#8,111
Finance · Banking Credit and Lending
- Bounce rate17%
- Pages per visit8.8
- Average visit8 min 01 sec
- DevicesDesktop 90% · Mobile 10%
Websites whose visitors overlap most with MiCare. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
malaysia.kurnia.com | malaysia.kurnia.com | 100% | – | ||
mepsfpx.com.my | mepsfpx.com.my | 90% | #3,535 | – | |
| maybank2u.com.my | 87% | 20.9M | #1,437 | View details | |
iltizamselangorsihat.com | iltizamselangorsihat.com | 83% | #626,473 | – | |
malaysia.msn.com | malaysia.msn.com | 82% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 23 similar websites and full traffic analytics for MiCare
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- 23 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
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Frequently Asked Questions about MiCare
MiCare was founded in 2006 and raised its 1st funding round 14 years after it was founded.
MiCare is headquartered in Shah Alam, Malaysia. It is registered at Shah Alam, Selangor, Malaysia.
Moses Hee is the CEO of MiCare, as recorded in our data.
MiCare is a funded company, having raised a total of $90M across 2 funding rounds to date. The company's 1st funding round was a Series B of $30M, raised on Dec 2020.
MiCare was established in 2006 and is headquartered in Shah Alam, Malaysia. Third-party administration services are offered by the company, focusing on operational support for clients in various sectors. Activities are centered in the Malaysian market, with management led by CEO Moses Hee. The firm handles administrative tasks on behalf of third parties, ensuring efficient processing and compliance.
MiCare offers Healthcare Administration and Cost Management.
MiCare has 3 investors. Key investors include Mitsui & Co, International Finance Corporation, and Zuellig Pharma.
MiCare operates through Micare Sdn Bhd.
Yes. MiCare was acquired by Zuellig Pharma in June 2013.
The website of MiCare receives about 288 thousand visits a month and ranks #129,540 among all websites worldwide.