About BingoBox
BingoBox is a Retail company based in Zhongshan (China) founded in 2017 by Benny Lin. Smart retail stores are operated with automated payment systems. BingoBox has raised $94.76 million across 2 funding rounds from investors including Fosun, Qiming Venture Partners and Prometheus Capital. Its chief executive, as recorded, is Benny Lin. Its focus areas include In Store Retail Tech, Category specific IT suite, Food and Agriculture Tech and Online Grocery. Its competitors include Beijing Freebee Electronic Commerce, Oh Plus Network Technology and Beijing Xiaoyi Home E-Commerce; 3 of its 3 listed competitors have raised funding.
Company details
BingoBox was founded in 2017 in Zhongshan, China, as an operator in the smart retail sector. Automated stores are managed, featuring order and inventory control, reporting, and analytics tools. Security is ensured through intelligent anti-theft mechanisms, cloud-based video storage, and recovery options for unpaid items. Access is granted to registered users via QR code scanning, with payments processed through a mobile app at checkout.
- Headquarters Zhongshan, China
- Founders Benny Lin
- SectorsRetail
- Phone•••• ••••
- Website bingobox.com
- Total Equity Funding$94.76M (USD)
in 2 rounds
- Latest Funding Round$80M (USD), Series B
Jan 2018
- InvestorsFosun
& 5 more
Funding Insights of BingoBox
BingoBox has successfully raised a total of $94.76M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $80 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 $94.76M
- Total Rounds 2
- Last Round Series B — $80M
- First Round $14.76M
(Jul 2017)
- Investors Count 6
All 2 funding rounds of BingoBox 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 | $80M | Series B | – | Fosun | |
| Jul 2017 | $14.76M | Series A | – | GGV Capital |
6 investors in total: 6 institutional.
Investors in BingoBox
BingoBox has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Fosun, Qiming Venture Partners and Prometheus Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Family office of Wang Jianlin and Wang Sicong | pusicapital.com | Shanghai, China | ||
Venture capital investments are directed toward multiple sectors. | 2006 | qimingvc.com | Shanghai, China | |
Venture capital is invested in cybersecurity, fintech, and AI startups. | ggvc.com | Menlo Park, United States | ||
Tech-focused venture capital firm funding companies in Europe and China | ventechchina.com | Shanghai, China | ||
Tech-driven startups are invested in by Source Code Capital. | sourcecodecap.com | Beijing, China | ||
Diversified investment, asset management, and insurance services are offered globally. | 1992 | fosun.com | Shanghai, China |
Investor details for BingoBox
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 BingoBox
1 people are tracked at BingoBox (1 in leadership).
| Name | Role | Group |
|---|---|---|
Benny Lin | Founder & CEO | Leadership |
Complete people profiles for BingoBox
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 BingoBox
3 dated milestones of BingoBox across 1 years, from founding to its latest funding, stage changes and deals.
- Founded BingoBox is founded.
- Funding First funding round of $14.8M.
- Funding Latest funding round, Series B, of $80.0M.
Competitors of BingoBox
BingoBox has 3 listed competitors in our database, 3 of them funded. They include Beijing Freebee Electronic Commerce, Oh Plus Network Technology and Beijing Xiaoyi Home E-Commerce.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| bianlifeng.com | 2016 | Chaoyang, China | $314.02M | Self check-out solutions are provided for retail stores. | ||
| xingbianli.com | 2017 | Shanghai, China | $72.4M | |||
| xedaojia.com | 2015 | Beijing, China | $30.21M | Checkout-free convenience stores are operated for office snack bars. |
Detailed competitors of BingoBox
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
Related news about Bingobox
Complete news archive for BingoBox
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about BingoBox
BingoBox was founded in 2017.
BingoBox is headquartered in Zhongshan, China. It is registered at Zhongshan, Guangdong, China.
Benny Lin is the CEO of BingoBox, as recorded in our data. They have also founded this company.
BingoBox is a funded company, having raised a total of $94.76M across 2 funding rounds to date. The company's 1st funding round was a Series A of $14.76M, raised on Jul 2017.
BingoBox was founded in 2017 in Zhongshan, China, as an operator in the smart retail sector. Automated stores are managed, featuring order and inventory control, reporting, and analytics tools. Security is ensured through intelligent anti-theft mechanisms, cloud-based video storage, and recovery options for unpaid items. Access is granted to registered users via QR code scanning, with payments processed through a mobile app at checkout.
BingoBox's top competitors include Beijing Freebee Electronic Commerce, Beijing Xiaoyi Home E-Commerce and Oh Plus Network Technology.
BingoBox has 6 investors. Key investors include Fosun, Qiming Venture Partners, Prometheus Capital, GGV Capital, and Ventech China.