About Yi Truck Network
Yi Truck Network is a company based in Shenzhen (China) founded in 2011 by Yin Jianhong.. Yi Truck Network has raised $5.88 million across 1 funding round. Yi Truck Network operates in a competitive market with competitors including PreAct Tech, Terranet, Splitsecnd, Discoperi and axitech, among others.
- Headquarter Shenzhen, China
- Founders Yin Jianhong
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
*********
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Website
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$5.88 M (USD)
in 1 rounds
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Latest Funding Round
$5.88 M (USD), Series A
Jun 06, 2017
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Investors
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Employee Count
Employee Count
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Funding Insights of Yi Truck Network
Yi Truck Network has successfully raised a total of $5.88M through 1 strategic funding round. The most recent funding activity was a Series A round of $5.88 million completed in June 2017. 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 Total Funding
- Total Rounds 1
- Last Round Series A — $5.9M
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First Round
First Round
(06 Jun 2017)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2017 | Amount | Series A - Yi Truck Network | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Yi Truck Network
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Yi Truck Network
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Yi Truck Network Comparisons
Competitors of Yi Truck Network
Yi Truck Network 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 PreAct Tech, Terranet, Splitsecnd, Discoperi and axitech, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Tech-enabled crash detection and collison avoidance system
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| domain | founded_year | HQ Location |
Provider of AI-based tech solutions for advanced driver assistance and self-driving vehicles
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| domain | founded_year | HQ Location |
Offers a tech-enabled solution for crash detection in vehicles.
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| domain | founded_year | HQ Location |
AI and blockchain are applied in accident prevention solutions.
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| domain | founded_year | HQ Location |
Cloud-based accident detection and recovery systems are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Yi Truck Network
When was Yi Truck Network founded?
Yi Truck Network was founded in 2011 and raised its 1st funding round 6 years after it was founded.
Where is Yi Truck Network located?
Yi Truck Network is headquartered in Shenzhen, China. It is registered at Shenzhen, Guangdong, China.
Who is the current CEO of Yi Truck Network?
Yin Jianhong is the current CEO of Yi Truck Network. They have also founded this company.
Is Yi Truck Network a funded company?
Yi Truck Network is a funded company, having raised a total of $5.88M across 1 funding round to date. The company's 1st funding round was a Series A of $5.88M, raised on Jun 06, 2017.
What does Yi Truck Network do?
Yi Truck Network offers AI-enabled crash detection solutions. It offers a platform as a service to users. The system offers a hardware device called the Wing card that needs to be placed in the vehicle. It needs to be synchronized with the mobile app. In case of any crash detection, it automatically sends a message to the service center. It uses various algorithms like anti-missing and anti-false alarm algorithms combined with an internal accident risk database to accurately identify the location of the accident. They provide assistance to the car owner for vehicle recovery, medical issues and more.
Who are the top competitors of Yi Truck Network?
Yi Truck Network's top competitors include Terranet, PreAct Tech and Discoperi.