About Duanrong
Duanrong is a company based in Beijing (China) founded in 2014. Duanrong has raised $113.93 million across 3 funding rounds from investors including China Investment Capital, Furen Pharmaceutical Group and Qifu Capital. Duanrong operates in a competitive market with competitors including Beijing Yi Chong Technology, P2phx, Chenengdai, Limit Tech and Zhonglijinrong, among others.
- Headquarter Beijing, China
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Sectors
Transportation, Automotive & LogisticsFinancial Services
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Phone
Locked
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Website
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$113.93 M (USD)
in 3 rounds
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Latest Funding Round
$44.93 M (USD), Series C
Jul 13, 2018
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Investors
China Investment Capital
& 2 more
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Employee Count
Not available
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Funding Insights of Duanrong
Duanrong has successfully raised a total of $113.93M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $44.93 million completed in July 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.
Investors in Duanrong
Duanrong has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include China Investment Capital, Furen Pharmaceutical Group and Qifu Capital.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital investments are managed by Qifu Capital.
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Operates a digital hub for investment management solutions.
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Investor details for Duanrong
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Investments & Acquisitions by Duanrong
Investment portfolio details for Duanrong
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Financial Statements - Duanrong
Detailed financials for Duanrong
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Duanrong Comparisons
Peer comparison for Duanrong
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Competitors of Duanrong
Duanrong 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 Beijing Yi Chong Technology, P2phx, Chenengdai, Limit Tech and Zhonglijinrong, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Cloud-driven quoting solutions are offered for auto insurance.
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Operates a peer-to-peer lending platform specialized in car loans.
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Operates an online P2P lending platform focused on automobile loans.
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A peer-to-peer insurance platform connecting users for shared risk management.
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A peer-to-peer lending platform focused on asset-backed loans for users.
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Detailed competitors of Duanrong
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Latest news on Duanrong
Complete news archive for Duanrong
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Frequently Asked Questions about Duanrong
Duanrong was founded in 2014.
Duanrong is headquartered in Beijing, China.
Duanrong is a funded company, having raised a total of $113.93M across 3 funding rounds to date.
Duanrong was founded in 2014 in Beijing, China, as a peer-to-peer lending platform focused on consumer loans. Operations center on facilitating online loans primarily for automobile purchases, with additional offerings in mortgages, personal loans, and small business financing. Investments are claimed to yield approximately 8 returns, and the companys valuation stands at 150 million post-Series B funding.
Duanrong's top competitors include Beijing Yi Chong Technology, P2phx and Chenengdai.
Duanrong has 3 investors. Key investors include China Investment Capital, Furen Pharmaceutical Group, and Qifu Capital.