About OkChexian
OkChexian is a Transportation, Automotive & Logistics company based in Shanghai (China) founded in 2014. Automobile insurance is compared via a mobile platform. It operates in the Transportation, Automotive & Logistics and Financial Services sectors. OkChexian has raised $11.96 million across 2 funding rounds from investors including JD.com, Yunqi Partners and IDG Capital. Its focus areas include Consumer, Auto E-Commerce & Content, Insurance and Distribution Platform. Its competitors include Chengniu, Beijing Yi Chong Technology and 91BIHU; 2 of its 3 listed competitors have raised funding.
Company details
OkChexian was founded in 2014 in Shanghai, China, as a mobile-based platform focused on automobile insurance comparisons. Quasi-insurance products, such as car wash subsidies and traffic jam subsidies, are provided alongside speculative offerings like oil price guessing to address customer behaviors. Operations center on facilitating insurance selections through the domain okchexian.com within the insurtech sector.
- Headquarters Shanghai, China
- SectorsTransportation, Automotive & LogisticsFinancial Services
- Website okchexian.com
- Social LinkedIn
- Total Equity Funding$11.96M (USD)
in 2 rounds
- Latest Funding Round$11.96M (USD), Series A
Jul 2016
- InvestorsJD.com
& 2 more
Funding Insights of OkChexian
OkChexian has successfully raised a total of $11.96M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $11.96 million completed in July 2016. 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 $11.96M
- Total Rounds 2
- Last Round Series A — $11.96M
- Investors Count 3
All 2 funding rounds of OkChexian 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 |
|---|---|---|---|---|---|
| Jul 2016 | $11.96M | Series A | – | – | |
| Oct 2014 | Series A | – | – |
3 investors in total: 3 institutional.
Investors in OkChexian
OkChexian has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include JD.com, Yunqi Partners and IDG Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments are made in tech startups by Yunqi Partners. | yunqi.vc | Beijing, China | ||
Venture capital firm | idgcapital.com | New York, United States | ||
Multi-category consumer products are retailed online by JD.com. | 1998 | jd.com | Beijing, China |
Investor details for OkChexian
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.
Timeline of OkChexian
3 dated milestones of OkChexian across 2 years, from founding to its latest funding, stage changes and deals.
- Founded OkChexian is founded.
- Funding First funding round.
- Funding Latest funding round, Series A, of $12.0M.
Competitors of OkChexian
OkChexian has 3 listed competitors in our database, 2 of them funded. They include Chengniu, Beijing Yi Chong Technology and 91BIHU.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| chengniu.com | 2013 | Hangzhou, China | $4.61M | Online platform to book automobile repair services | ||
| etoppaas.com | 2008 | Haidian, China | $7.7M | Cloud-driven quoting solutions are offered for auto insurance. | ||
| 91bihu.com | 2015 | Beijing, China | An online platform for purchasing automobile insurance with ease. |
Detailed competitors of OkChexian
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- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
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Frequently Asked Questions about OkChexian
OkChexian was founded in 2014.
OkChexian is headquartered in Shanghai, China.
OkChexian is a funded company, having raised a total of $11.96M across 2 funding rounds to date.
OkChexian was founded in 2014 in Shanghai, China, as a mobile-based platform focused on automobile insurance comparisons. Quasi-insurance products, such as car wash subsidies and traffic jam subsidies, are provided alongside speculative offerings like oil price guessing to address customer behaviors. Operations center on facilitating insurance selections through the domain okchexian.com within the insurtech sector.
OkChexian's top competitors include Beijing Yi Chong Technology, Chengniu and 91BIHU.
OkChexian has 3 investors. Key investors include JD.com, Yunqi Partners, and IDG Capital.