# Haibao Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/haibao-technology

- Industry: Insurance
- Headquarters: Guangzhou, China
- Website: www.520haibao.com
- Latest round: Angel (Mar 18, 2021)
- Investors on record: 1

## About

Haibao Technology, established in 2019 and based in Guangzhou, China, focuses on delivering innovative technological solutions to enhance operational efficiency in various sectors.Haibao Technology specializes in developing solutions to meet the needs of different market sectors. The company was founded in Guangzhou, China, in 2019. In March 2021, Haibao Technology completed its first funding round, raising Angel funding from Cherubic Ventures, though financial specifics were not disclosed.The company specializes in delivering innovative solutions through its core product offerings, which focus on addressing specific challenges faced by its target markets. Its flagship products are designed to enhance operational efficiency and improve user experience across various sectors, catering to a diverse clientele that spans both B2B and direct-to-consumer models. The company markets its solutions primarily in North America and Europe, aiming to support industries such as technology, healthcare, and finance. Released over the last few years, these products have gained traction among users seeking reliable and effective tools for their operational needs.The company's revenue model is structured around a combination of direct sales and subscription-based services, enabling a steady flow of income from its diverse client base. Transactions typically occur through partnerships with retailers and wholesalers, allowing the company to reach a broader audience while maintaining strong relationships with key distributors. Clients purchase the company's services under flexible pricing plans tailored to their needs, which may include tiered subscription options that cater to varying levels of usage and support. Overall, the revenue dynamics reflect a robust business strategy that prioritizes client satisfaction and long-term engagement.Haibao Technology is planning to launch new products designed to cater to emerging technology trends by mid-2023. The company aims to expand its market presence in Asia and Europe by the end of 2023. The recent Angel funding round in March 2021 will be utilized to support these initiatives, enhancing product development and market outreach.

## Funding rounds

- Angel, Mar 18, 2021 — Cherubic Ventures

## Investors

- Cherubic Ventures (https://capitalatlas.ai/funds/cherubic-ventures) — Angel