About MiCare
MiCare is a company based in Shah Alam (Malaysia) founded in 2006 was acquired by Zuellig Pharma in June 2013. MiCare has raised $90 million across 2 funding rounds from investors including Mitsui & Co, International Finance Corporation and Zuellig Pharma. MiCare offers products and services including Healthcare Administration and Cost Management.
- Headquarter Shah Alam, Malaysia
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Sectors
Financial Services
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Micare Sdn Bhd
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$90 M (USD)
in 2 rounds
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Latest Funding Round
$60 M (USD), Series C
May 27, 2021
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Investors
Mitsui & Co.
& 2 more
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Employee Count
Not available
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Acquired by
Zuellig Pharma
(Jun 01, 2013)
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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.
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 |
|---|---|---|---|---|
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IFC is focused on private sector development in emerging markets.
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Traditional conglomerate services are provided across multiple sectors by Mitsui.
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Healthcare access in Asia is enhanced by Zuellig Pharma.
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Locked | Locked | Locked |
Investor details for MiCare
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Investments & Acquisitions by MiCare
Investment portfolio details for MiCare
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Financial Statements - MiCare
Detailed financials for MiCare
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Micare Comparisons
Peer comparison for MiCare
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Competitors of MiCare
Detailed competitors of MiCare
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Latest news on Micare
Complete news archive for MiCare
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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 current CEO of MiCare.
MiCare is a funded company, having raised a total of $90M across 2 funding rounds to date.
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.