Simpcare

Tianhe, China Founded: 2019 • Age: 7 yrs
Manufacturer of skin care cannabis products
Annual revenue - Latest available
Total funding $46.3M 2 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products 2 Services tracked
Competitors - Brand Intelligence

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.

Operational Areas
Consumer → Tobacco, Cannabis & Alternative Products Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $46.25 M (USD)

    in 2 rounds

  • Latest Funding Round
    $46.25 M (USD), Series C

    Aug 19, 2021

  • Investors
    Coatue

    & 1 more

  • Employee Count
    Not available
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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.

Product name locked
Category locked
Primary

This series is designed for soothing and repairing sensitive skin, with patented essences being utilized to enhance the skin barrier and provide moisture.

Product name locked
Category locked
Locked

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.

Investors in Simpcare

Simpcare has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Coatue and Hony Capital.

All
Venture Fund
Investor Description Founded Year Domain Location
Provider of an investment platform for various stages
Locked Locked Locked
Diversified investments are managed across private equity and real estate.
Locked Locked Locked
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Investor details for Simpcare

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Investments & Acquisitions by Simpcare

Investments
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Investment portfolio details for Simpcare

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Financial Statements - Simpcare

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Detailed financials for Simpcare

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Simpcare Comparisons

Simpcare Primary company
Description
Manufacturer of skin care cannabis products
Location
Tianhe, China
Founded Year
2019
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Simpcare

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Competitors of Simpcare

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Detailed competitors of Simpcare

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Latest news on Simpcare

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Complete news archive for Simpcare

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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.

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