About Beijing Yi Chong Technology
Beijing Yi Chong Technology is a company based in Haidian (China) founded in 2008 by Zhao Peng and Wang Gang.. Beijing Yi Chong Technology has raised $7.7 million across 1 funding round from investors including 17xf and Origin Capital. Beijing Yi Chong Technology operates in a competitive market with competitors including OkChexian, Baoyitech, Chengniu, 91BIHU and Xiaomar, among others.
- Headquarter Haidian, China
- Founders Zhao Peng, Wang Gang
-
Sectors
Transportation, Automotive & LogisticsFinancial Services
-
Phone
*********
-
Website
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$7.7 M (USD)
in 1 rounds
-
Latest Funding Round
$7.7 M (USD), Series A
Jan 01, 2018
-
Investors
17xf
& 1 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of Beijing Yi Chong Technology
Beijing Yi Chong Technology has successfully raised a total of $7.7M through 1 strategic funding round. The most recent funding activity was a Series A round of $7.7 million completed in January 2018. 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 1
- Last Round Series A — $7.7M
-
First Round
First Round
(01 Jan 2018)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2018 | Amount | Series A - Beijing Yi Chong Technology | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Beijing Yi Chong Technology
Beijing Yi Chong Technology has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include 17xf and Origin 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 |
|---|---|---|---|---|
|
Commercial property finance solutions are offered by Origin Capital.
|
Founded Year | Domain | Location | |
|
-
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Beijing Yi Chong Technology
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Beijing Yi Chong Technology
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Beijing Yi Chong Technology Comparisons
Competitors of Beijing Yi Chong Technology
Beijing Yi Chong Technology 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, Baoyitech, 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.
|
|
| domain | founded_year | HQ Location |
Online aggregator of auto insurance and servicing facilities
|
|
| domain | founded_year | HQ Location |
Online platform to book automobile repair services
|
|
| domain | founded_year | HQ Location |
An online platform for purchasing automobile insurance with ease.
|
|
| domain | founded_year | HQ Location |
Auto insurance quotes are distributed via a mobile platform.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about Beijing Yi Chong Technology
When was Beijing Yi Chong Technology founded?
Beijing Yi Chong Technology was founded in 2008 and raised its 1st funding round 10 years after it was founded.
Where is Beijing Yi Chong Technology located?
Beijing Yi Chong Technology is headquartered in Haidian, China. It is registered at Haidian, Beijing, China.
Who is the current CEO of Beijing Yi Chong Technology?
Wang Gang is the current CEO of Beijing Yi Chong Technology. They have also founded this company.
Is Beijing Yi Chong Technology a funded company?
Beijing Yi Chong Technology is a funded company, having raised a total of $7.7M across 1 funding round to date. The company's 1st funding round was a Series A of $7.7M, raised on Jan 01, 2018.
What does Beijing Yi Chong Technology do?
Cloud-driven insurance quoting solutions for the auto insurance industry. Users need to register on the platform and upload the documents, The OCR technology minimizes the task of manual data entry makes the process faster. Users can get multiple quotes from insurers. Once the decision is made, provides a range of payment options to buy insurance. The company also provides insurance agents and brokers with system service and financial service, including premium installment and commission advance.
Who are the top competitors of Beijing Yi Chong Technology?
Who are Beijing Yi Chong Technology's investors?
Beijing Yi Chong Technology has 2 investors. Key investors include 17xf, and Origin Capital.