
About Chexingyi
Chexingyi is a Transportation, Automotive & Logistics company based in Guangzhou (China) founded in 2011. Car origins are verified online for dealers and consumers. Chexingyi has raised $10 million across 2 funding rounds from investors including UCAR, Fude Investment Group and Cowin Capital. Its website cx580.com draws about 38 thousand monthly visits. Its focus areas include Consumer, Auto E-Commerce & Content, Pre Purchase Solution and Valuation. Its competitors include Gongpingjia, Cheegu and Shifu Kanche; 2 of its 3 listed competitors have raised funding.
Company details
Chexingyi was founded in 2011 in Guangzhou, China, focusing on the automotive sector. An online platform named CX580 is operated to assist dealers and consumers in verifying vehicle origins. Users are required to select a city and input details including chassis numbers, engine numbers, and city license numbers. Seed funding has been raised to support these verification services, which are accessible via the domain cx580.com.
- Headquarters Guangzhou, China
- SectorsTransportation, Automotive & Logistics
- Website cx580.com
- Total Equity Funding$10M (USD)
in 2 rounds
- Latest Funding Round$10M (USD), Series B
May 2018
- InvestorsUCAR
& 2 more
Funding Insights of Chexingyi
Chexingyi has successfully raised a total of $10M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $10 million completed in May 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 $10M
- Total Rounds 2
- Last Round Series B β $10M
- Investors Count 3
All 2 funding rounds of Chexingyi 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 |
|---|---|---|---|---|---|
| May 2018 | $10M | Series B | β | β | |
| Oct 2015 | Seed | β | β |
3 investors in total: 3 institutional.
Investors in Chexingyi
Chexingyi has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include UCAR, Fude Investment Group and Cowin Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| futak.cn | ||||
| cowincapital.com.cn | ||||
| ucarinc.com |
Investor details for Chexingyi
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Timeline of Chexingyi
3 dated milestones of Chexingyi across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Chexingyi is founded.
- Funding First funding round.
- Funding Latest funding round, Series B, of $10.0M.
Competitors of Chexingyi
Chexingyi has 3 listed competitors in our database, 2 of them funded. They include Gongpingjia, Cheegu and Shifu Kanche.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| gongpingjia.com | 2012 | Nanjing, China | $13.5M | Functions as a third-party provider for used car valuation services. | ||
| cheegu.com | 2013 | Guangzhou, China | $14.55M | Pre-purchased car valuations are offered online via user-provided details. | ||
| shifukanche.com | 2015 | Beijing, China | Provides a third-party platform for used car evaluations. |
Detailed competitors of Chexingyi
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- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
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Web traffic of Chexingyi
The website of Chexingyi (cx580.com) receives about 38.1K visits a month.
- Monthly visits38.1K
▲ 288.7% vs previous month
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Frequently Asked Questions about Chexingyi
Chexingyi was founded in 2011 and raised its 1st funding round 4 years after it was founded.
Chexingyi is headquartered in Guangzhou, China. It is registered at Guangzhou, Guangdong, China.
Chexingyi is a funded company, having raised a total of $10M across 2 funding rounds to date.
Chexingyi was founded in 2011 in Guangzhou, China, focusing on the automotive sector. An online platform named CX580 is operated to assist dealers and consumers in verifying vehicle origins. Users are required to select a city and input details including chassis numbers, engine numbers, and city license numbers. Seed funding has been raised to support these verification services, which are accessible via the domain cx580.com.
Chexingyi's top competitors include Cheegu, Gongpingjia and Shifu Kanche.
Chexingyi has 3 investors. Key investors include UCAR, Fude Investment Group, and Cowin Capital.
