About Seoul Medical Group
Seoul Medical Group is a company based in Long Beach (United States) founded in 1993 was acquired by Ascend Capital Partners in October 2023.. Seoul Medical Group offers products and services including Doctor Finder, Urgent Care Finder, Hospital Finder, Lab Services Finder, and Radiology Services Finder. Seoul Medical Group operates in a competitive market with competitors including UPMC, Ardent Health, Novant Health, Northwell and Sutter Health, among others.
- Headquarter Long Beach, United States
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Sectors
Healthcare
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Phone
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Website
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Ascend Capital Partners
(Oct 04, 2023)
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Products & Services of Seoul Medical Group
Seoul Medical Group offers a comprehensive portfolio of products and services, including Doctor Finder, Urgent Care Finder, Hospital Finder, Lab Services Finder, and Radiology Services Finder. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Service to locate affiliated physicians for care.
Tool to find urgent care centers quickly.
Platform for identifying nearby hospitals.
Service to access laboratory testing options.
Tool for locating radiology and diagnostic services.
Funding Insights of Seoul Medical Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Seoul Medical Group
Seoul Medical Group has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Ascend Capital Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Capital is invested in early-stage disruptors for global ventures.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Seoul Medical Group
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Seoul Medical Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Seoul Medical Group Comparisons
Competitors of Seoul Medical Group
Seoul Medical Group operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as UPMC, Ardent Health, Novant Health, Northwell and Sutter Health, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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Multispecialty hospitals are operated as a nationwide chain.
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Investment company focused on health sectors
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Multispecialty hospital services are delivered through a regional chain.
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A chain of multispecialty hospitals is operated in New York.
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Chain of multi-speciality hospitals
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Chain of multispeciality hospitals
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Seoul Medical Group
Frequently Asked Questions about Seoul Medical Group
When was Seoul Medical Group founded?
Seoul Medical Group was founded in 1993.
Where is Seoul Medical Group located?
Seoul Medical Group is headquartered in Long Beach, United States. It is registered at Long Beach, California, United States.
Who is the current CEO of Seoul Medical Group?
Myong Lee is the current CEO of Seoul Medical Group.
What does Seoul Medical Group do?
Seoul Medical Group was founded in 1993 and is headquartered in Long Beach, United States. A chain of multispecialty hospitals is managed by the group within the healthcare sector. Various medical services, including specialized treatments, are provided to patients in the region. Operations focus on comprehensive care delivery through multiple facilities, with Myong Lee serving as CEO.
Who are the top competitors of Seoul Medical Group?
Seoul Medical Group's top competitors include UPMC, Mercy Health and Providence Health & Services.
What products or services does Seoul Medical Group offer?
Seoul Medical Group offers Doctor Finder, Urgent Care Finder, Hospital Finder, Lab Services Finder, and Radiology Services Finder.
Who are Seoul Medical Group's investors?
Seoul Medical Group has 1 investor. Key investors include Ascend Capital Partners.