Linc’well, a Minato-ku, Tokyo-based develops a SaaS-based platform that provides management tools and other digitization services, raised $69.7 million (8 billion yen) in Series C round.

The round was led by Bain Capital Private Equity, with participation from Pavilion Capital and existing investor DCM Ventures, Incubate Fund, and Nissei Capital also participated in the round. 

The company will use the proceeds to further build its health-tech platform as well expand its team, particularly in a post Covid19 environment where the government aims to accelerate digitization services for the healthcare industry.

Company: Linc'well Co., Ltd. 

Raised: $69.7M

Round: Series C

Funding Month: November 2021

Lead Investors: Bain Capital Private Equity

Additional Investors: Pavilion Capital, DCM Ventures, Incubate Fund, and Nissei Capital

Company Website: https://linc-well.com/

Software Category: health-tech platform

About the Company: Founded in 2018, Linc’well develops a SaaS-based platform that provides management tools and other digitization services in provides healthcare industry. Linc’well contributes to the health of people and society through the introduction of IT in medical care. Since its establishment in April 2018, with the mission of "taking medical care one step further through technology," Linc’well has been providing SaaS for medical institutions to improve medical inefficiencies with technology.

Source: https://www.dealstreetasia.com/stories/bain-capital-lincwell-271467/ https://linc-well.com/news/2021/11/24/180037