About Simpcare
Simpcare is a company based in Tianhe (China) founded in 2019. Simpcare has raised $46.25 million across 2 funding rounds from investors including Coatue and Hony Capital. Simpcare offers products and services including Mountain Tea Flower Soothing Repair Series and Poria Cocos Oil Control Series.
- Headquarter Tianhe, China
- Stage Minicorn
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Sectors
Consumer
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Email
***********
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Phone
*********
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Website
*********
- Legal Name 诺德溯源（广州）生物科技有限公司
- Jurisdiction Na, Maharashtra, India
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$46.25 M (USD)
in 2 rounds
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Latest Funding Round
$46.25 M (USD), Series C
Aug 19, 2021
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Investors
Coatue
& 1 more
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Employee Count
Employee Count
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Products & Services of Simpcare
Simpcare offers a comprehensive portfolio of products and services, including Mountain Tea Flower Soothing Repair Series and Poria Cocos Oil Control Series.
This series is designed for soothing and repairing sensitive skin, with patented essences being utilized to enhance the skin barrier and provide moisture.
Oil control solutions for sensitive skin are offered in this series, where advanced ingredients are employed to reduce sebum secretion and promote balance.
Funding Insights of Simpcare
Simpcare has successfully raised a total of $46.25M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $46.25 million completed in August 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 Total Funding
- Total Rounds 2
- Last Round Series C — $46.3M
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2021 | Amount | Series C - Simpcare | Valuation |
investors |
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| Jan, 2021 | Amount | Series B - Simpcare | Valuation | Coatue |
Investors in Simpcare
Simpcare has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Coatue and Hony Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Provider of an investment platform for various stages
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Founded Year | Domain | Location | |
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Diversified investments are managed across private equity and real estate.
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Founded Year | Domain | Location |
Investments & Acquisitions by Simpcare
Financial Statements - Simpcare
Simpcare Comparisons
Competitors of Simpcare
Latest news on Simpcare
Frequently Asked Questions about Simpcare
Simpcare was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Simpcare is headquartered in Tianhe, China. It is registered at Tianhe, Guangdong, China.
Simpcare is a funded company, having raised a total of $46.25M across 2 funding rounds to date.
Simpcare, established in 2019, excels in providing healthcare solutions, and cannabis services. Manufacturer of skin care cannabis products. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide. It continues to evolve, meeting industry challenges with strategic approaches.
Simpcare offers Mountain Tea Flower Soothing Repair Series and Poria Cocos Oil Control Series.
Simpcare has 2 investors. Key investors include Coatue, and Hony Capital.
The valuation of Simpcare is $616.71M as of Aug 2021.