# Baigebao.com

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/baigebao-com

- Industry: Insurance
- Headquarters: Xiamen, China
- Website: www.baigebao.com
- Total disclosed funding: $16M
- Latest round: Series B (Dec 31, 2023)
- Investors on record: 3

## About

Founded in 2015 and based in Xiamen, China, Baigebao.com is a network technology company that provides Internet insurance technology and product solutions. In 2019, the company was recognized as a national high-tech enterprise. In 2021, the company released the Baige e security process risk management technical service platform. As of 2022, the company has more than 130 employees. Jinbo Tu, the founder of the company, used to be the head of the branch of Ping An Life Insurance. In 2023, the Company was selected as one of the "China Digital Finance Unicorn List 2023" by Financial Street Forum and was recognized as a unicorn enterprise in Fujian Province. In December 2023, it closed a round of series B funding.

The company's main products include Baige e-Insurance, a full-process risk management technology service platform for scenario-based clients and insurance companies; Baige Exploration Insurance, an internet-based tool for insurance practitioners; and Baige Lebao, a value-added service product for the life insurance needs of Baigebao's user ecosystem. These products designed to serve different segments of the insurance industry.

The company generates revenue by providing digital risk management services and insurance solutions to its clients.

## Funding rounds

- Series B, Dec 31, 2023 — Huazhi Rongke Investment Management
- Series A, Aug 5, 2022 — SDIC MY Industrial Capital
- Series A, Jun 16, 2021, $16M — New Hope Group

## Investors

- New Hope Group (https://capitalatlas.ai/funds/new-hope-group) — Series A
- SDIC MY Industrial Capital (https://capitalatlas.ai/funds/sdic-my-industrial-capital) — Series A
- Huazhi Rongke Investment Management (https://capitalatlas.ai/funds/huazhi-rongke-investment-management) — Series B