# HelloBanma

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hellobanma

- Industry: Internet
- Headquarters: Shanghai, China
- Website: www.ebanma.com
- Total disclosed funding: $234M
- Latest round: Series A (Aug 31, 2018)
- Investors on record: 3

## About

Established in 2015 and based in Shanghai, China, HelloBanma operates as an overall solution provider for intelligent connected cars, dedicated to providing Internet solutions for cars. The company was jointly established by Alibaba and SAIC. In July 2021, it raised CNY 3 billion in strategy funding from returning investors Alibaba Group, SAIC Capital, SDIC Fund Management and YF Capital. HelloBanma has cooperated with more than 10 auto brands, more than 40 models, and more than 1 million smart cars, such as SAIC, FAW, North and South Volkswagen. In May 2023, the company raised a strategic investment company from China Life Investment and Shanghai Guohe Capital.

The main product is an important platform for vehicle owners to remotely control vehicles, query vehicle status, obtain service information and operational activities. The main functions that have been launched are remote vehicle control, vehicle status query, Internet car exclusive car wallet, and travel notes. The company also provides smart car operating systems, smart car solutions, and digital transportation solutions for the automotive and transportation industries. Based on self-developed AliOS to create HelloBanma smart car solutions.

## Funding rounds

- Series A, Aug 31, 2018, $234M — YF Capital, CS Capital, SAIC Capital

## Investors

- YF Capital (https://capitalatlas.ai/funds/yf-capital) — Series A
- CS Capital — Series A
- SAIC Capital (https://capitalatlas.ai/funds/saic-capital) — Series A