About Baoyitech
Baoyitech is a company based in Guangzhou (China) founded in 2015.. Baoyitech has raised $2.7 million across 2 funding rounds from investors including Fujianspecializationno, Fujian Specialization No. 2 Fund and Yitong Capital. Baoyitech operates in a competitive market with competitors including OkChexian, Beijing Yi Chong Technology, Chengniu, 91BIHU and Xiaomar, among others.
- Headquarter Guangzhou, China
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Sectors
Transportation, Automotive & LogisticsFinancial Services
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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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Total Equity Funding
$2.7 M (USD)
in 2 rounds
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Latest Funding Round
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Investors
Fujianspecializationno
& 4 more
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Employee Count
Employee Count
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Funding Insights of Baoyitech
Baoyitech has successfully raised a total of $2.7M across 2 strategic funding rounds. 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 Last Round
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First Round
First Round
(01 Oct 2017)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2023 | Amount | Series A - Baoyitech | Valuation |
investors |
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| Oct, 2017 | Amount | Series A - Baoyitech | Valuation | Yitong Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 Baoyitech
Baoyitech has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Fujianspecializationno, Fujian Specialization No. 2 Fund and Yitong Capital. 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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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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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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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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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 Baoyitech
| 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 - Baoyitech
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Baoyitech Comparisons
Competitors of Baoyitech
Baoyitech 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 OkChexian, Beijing Yi Chong Technology, Chengniu, 91BIHU and Xiaomar, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Automobile insurance is compared via a mobile platform.
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| domain | founded_year | HQ Location |
Cloud-driven quoting solutions are offered for auto insurance.
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| domain | founded_year | HQ Location |
Online platform to book automobile repair services
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| domain | founded_year | HQ Location |
An online platform for purchasing automobile insurance with ease.
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| domain | founded_year | HQ Location |
Auto insurance quotes are distributed via a mobile platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Baoyitech
When was Baoyitech founded?
Baoyitech was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Where is Baoyitech located?
Baoyitech is headquartered in Guangzhou, China. It is registered at Guangzhou, Guangdong, China.
Is Baoyitech a funded company?
Baoyitech is a funded company, having raised a total of $2.7M across 2 funding rounds to date. The company's 1st funding round was a Series A of $2.7M, raised on Oct 01, 2017.
What does Baoyitech do?
Baoyitech is an online platform which provides auto insurance and servicing facilities to car owners. Insurance companies and mechanics can register on the platform to serve users. Users can choose from various quotes of insurance policies from different companies. It includes loss of vehicle insurance, third party liability insurance, vehicle liability insurance etc. Is present in Guangzhou, Shenzhen, Chongqing, Chengdu, Beijing, Tianjin, Shanghai and Hangzhou as of June 2016. Claims to have raised an undisclosed amount in seed round of funding from Inno Valley ventures in 2016.
Who are the top competitors of Baoyitech?
Baoyitech's top competitors include Beijing Yi Chong Technology, Chengniu and OkChexian.
Who are Baoyitech's investors?
Baoyitech has 5 investors. Key investors include Fujianspecializationno, Fujian Specialization No. 2 Fund, Yitong Capital, Xinli Investment, and Jiadao Gongcheng Fund.