# Chevip.com

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

- Industry: Software
- Headquarters: Guangzhou, China
- Website: www.chevip.com
- Total disclosed funding: $1.5M
- Latest round: Series A (Apr 20, 2017)
- Investors on record: 5

## About

Established in 2005 and based in Guangdong, China, Chevip.com, a part of Guangdong Chevip Auto Technology Co., Ltd., has evolved into a comprehensive smart service platform for second-hand car transactions. The founding team initiated the exploration of the second-hand car business in 2005, officially incorporated the company in 2012, and was listed on the National Equities Exchange and Quotations (NEEQ) in 2017 with the stock code 872019.

The company provides a suite of services centered around the second-hand car market. Their offerings include an online auction platform for used cars, a vehicle evaluation service with professional assessors, and a streamlined exchange or replacement service in collaboration with over 100 car brand 4S stores. Additionally, they facilitate new car sales by connecting customers with designated dealerships for test drives, final payments, and after-sales services.

The company generates revenue by providing online transaction services for second-hand cars, vehicle evaluation, dealership management software services, auction services for corporate and government entities, and associated logistics and data services.

## Funding rounds

- Series A, Apr 20, 2017, $1.5M — GF Xinde Investment, GF Securities, GF Qianhe, Guangdong Guangwu Holding Group Co.,Ltd, GWQM

## Investors

- GF Xinde Investment (https://capitalatlas.ai/funds/gf-xinde-investment) — Series A
- GF Securities — Series A
- GF Qianhe — Series A
- Guangdong Guangwu Holding Group Co.,Ltd — Series A
- GWQM — Series A