About Beijing Yi Chong Technology
Beijing Yi Chong Technology is a Transportation, Automotive & Logistics company based in Haidian (China) founded in 2008 by Zhao Peng and Wang Gang. Cloud-driven quoting solutions are offered for auto insurance. It operates in the Transportation, Automotive & Logistics and Financial Services sectors. Beijing Yi Chong Technology has raised $7.7 million across 1 funding round from investors including 17xf and Origin Capital. Its chief executive, as recorded, is Wang Gang. Its focus areas include Consumer, Auto E-Commerce & Content, Insurance and Distribution Platform. Its competitors include OkChexian, Baoyitech and Chengniu; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Haidian, China
- Founders Zhao Peng, Wang Gang
- SectorsTransportation, Automotive & LogisticsFinancial Services
- Website etoppaas.com
- Total Equity Funding$7.7M (USD)
in 1 rounds
- Latest Funding Round$7.7M (USD), Series A
Jan 2018
- Investors17xf
& 1 more
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 $7.7M
- Total Rounds 1
- Last Round Series A — $7.7M
- First Round $7.7M
(Jan 2018)
- Investors Count 2
All 1 funding rounds of Beijing Yi Chong Technology with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2018 | $7.7M | Series A | – | – |
2 investors in total: 2 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Commercial property finance solutions are offered by Origin Capital. | 2015 | origincapital.ie | Dublin, Ireland | |
| 17xf.com |
Investor details for Beijing Yi Chong Technology
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Beijing Yi Chong Technology
2 people are tracked at Beijing Yi Chong Technology (2 in leadership).
| Name | Role | Group |
|---|---|---|
Zhao Peng | Co-Founder | Leadership |
Wang Gang | Co-Founder & CEO | Leadership |
Complete people profiles for Beijing Yi Chong Technology
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Beijing Yi Chong Technology
2 dated milestones of Beijing Yi Chong Technology across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Beijing Yi Chong Technology is founded.
- Funding First funding round of $7.7M.
Competitors of Beijing Yi Chong Technology
Beijing Yi Chong Technology has 3 listed competitors in our database, 3 of them funded. They include OkChexian, Baoyitech and Chengniu.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| okchexian.com | 2014 | Shanghai, China | $11.96M | Automobile insurance is compared via a mobile platform. | ||
| baoyitech.com.cn | 2015 | Guangzhou, China | $2.7M | Online aggregator of auto insurance and servicing facilities | ||
| chengniu.com | 2013 | Hangzhou, China | $4.61M | Online platform to book automobile repair services |
Detailed competitors of Beijing Yi Chong Technology
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
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
Frequently Asked Questions about Beijing Yi Chong Technology
Beijing Yi Chong Technology was founded in 2008 and raised its 1st funding round 10 years after it was founded.
Beijing Yi Chong Technology is headquartered in Haidian, China. It is registered at Haidian, Beijing, China.
Wang Gang is the CEO of Beijing Yi Chong Technology, as recorded in our data. They have also founded this 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 2018.
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.
Beijing Yi Chong Technology has 2 investors. Key investors include 17xf, and Origin Capital.