Duobaoyu Insurance

InsuranceSeries BHangzhou, Chinadby.cn

Latest round

Series B

Last raised

Sep 2019

Total raised

$28M

Investors

5

About Duobaoyu Insurance

Established in 2017 and based in Hangzhou, China, Duobaoyu Insurance is an Internet insurance brokerage platform that allows users to directly choose insurance brokers and insurance products, and recommends the most cost-effective insurance products for users. Zhang Yaopeng, founder and CEO of Duobaoyu, graduated from Zhejiang University. He was an early core member of Pancheng Technology and the co-founder of Zhibi Technology. As of 2020, the company has a total of 456 employees. The company mainly operates an online insurance platform to provide users with information related to auto insurance and health insurance. Through educating users about insurance knowledge, it helps family users and individual users to choose the most cost-effective insurance products, and provides one-to-one consultation service. As of January 2019, the total user premiums exceeded RMB 500 million, and the total insurance coverage exceeded RMB 2 billion.

Who invested in Duobaoyu Insurance

5 investors across 3 rounds

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Funding rounds

  1. Series B

    Sep 17, 2019

    Amount

    $28M

    Investors

    Locked

  2. Series A

    Apr 26, 2019

    Amount

    Undisclosed

    Investors

    Locked

  3. Series A

    Feb 11, 2019

    Amount

    Undisclosed

    Investors

    Locked

Questions about Duobaoyu Insurance

Who invested in Duobaoyu Insurance?

Duobaoyu Insurance has 5 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Duobaoyu Insurance raised?

Duobaoyu Insurance has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Duobaoyu Insurance last raise money?

Duobaoyu Insurance's most recent round on record is a Series B, in Sep 2019.

What does Duobaoyu Insurance do?

Established in 2017 and based in Hangzhou, China, Duobaoyu Insurance is an Internet insurance brokerage platform that allows users to directly choose insurance brokers and insurance products, and recommends the most cost-effective insurance products for users.

Where is Duobaoyu Insurance headquartered?

Duobaoyu Insurance is headquartered in Hangzhou, China.

Which VCs invest in companies like Duobaoyu Insurance?

Among active investors with capital left to deploy, ICBC Capital Management, China Life Capital, GoHigh Capital and ABQH Shenzhen Investment Fund Management back insurance companies at Duobaoyu Insurance's stage. Their profiles are linked below.

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