# Beijing Youquan Zhihui Information Technology Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/beijing-youquan-zhihui-information-technology-co

- Industry: Insurance
- Headquarters: Beijing, China
- Website: www.baozhunniu.com
- Total disclosed funding: $19M
- Latest round: Series C (Apr 12, 2021)
- Investors on record: 7

## About

Based in Beijing, China, Beijing Youquan Zhihui Information Technology Co., Ltd. operates Baokai Niu, an innovative insurance platform dedicated to delivering customized insurance solutions for businesses across diverse sectors.Founded in 2015 in Beijing, China, Beijing Youquan Zhihui Information Technology Co., Ltd. specializes in offering tailored insurance services. The company has completed four deals, with the most recent funding round being a Series B in April 2021, led by Marathon Venture Partners, where it raised CNY 100.000 mn. The firm’s CEO and founder, Xiaojuan Chao, has played a pivotal role in the company’s development and strategic direction.Baokai Niu provides a customized insurance platform focusing on risk management solutions for businesses. Their offerings include group accident insurance, employer liability insurance, and tailored employee welfare insurance. Notably, their Baokai Niu Group Accident Insurance enables coverage with a minimum of three participants and policy activation on a T+1 basis. Collaborating with major insurance providers, Baokai Niu serves the corporate market in China, especially in sports, fitness, and technology sectors, aiming to simplify insurance procurement and enhance claims transparency.Baokai Niu generates revenue through a subscription-based model, engaging directly with corporate clients for various insurance products. For instance, employer liability insurance starts at CNY 10 per person per month and group accident insurance has quarterly premiums beginning at CNY 30.4 per participant. This transactional structure allows businesses to efficiently manage their insurance needs with upfront payments for policy coverage, emphasizing tailored solutions for specific risk profiles.Beijing Youquan Zhihui Information Technology Co., Ltd. is focused on expanding its product offerings and entering new markets. Following the Series B funding in April 2021, which raised CNY 100.000 mn, the company plans to develop additional insurance products and enhance its service capabilities. Specific markets targeted for expansion have not been disclosed, but the ongoing efforts are aimed at improving their existing platform and product range to better serve corporate clients.

## Funding rounds

- Series C, Apr 12, 2021 — Ally Capital, Huazhi capital
- Series B, Jul 16, 2018 — China Merchants Capital
- Series B, Jul 1, 2017, $15M — River Capital, Marathon Venture Partners, MPC, NNFE
- Series A, Aug 1, 2016, $4.5M — MPC, NNFE

## Investors

- MPC — Series A, Series B
- NNFE (https://capitalatlas.ai/funds/nnfe) — Series A, Series B
- River Capital — Series B
- Marathon Venture Partners (https://capitalatlas.ai/funds/marathon-venture-partners) — Series B
- China Merchants Capital (https://capitalatlas.ai/funds/china-merchants-capital) — Series B
- Ally Capital (https://capitalatlas.ai/funds/ally-capital) — Series C
- Huazhi capital — Series C