# OKChexian

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

- Industry: Financial Services
- Headquarters: Shanghai, China
- Website: www.okchexian.com
- Latest round: Angel (Oct 1, 2014)
- Investors on record: 2

## About

OKChexian provides innovative automotive insurance solutions in China, focusing on personalized pricing through advanced data analytics and real-time vehicle connectivity.OKChexian operates in the automotive insurance sector, specializing in personalized insurance offerings. The company is headquartered in Shanghai, China. Founded by Shi Qi, OKChexian raised Angel financing from IDG Capital Partners and Yunqi Partners in October 2014. Shi Qi has experience in the tech and insurance industries, further contributing to the company's insights and strategic direction.OKChexian offers a suite of automotive insurance solutions centered around its flagship product, the 'OK??' insurance score, which utilizes data analytics to personalize insurance pricing. The company also employs its '??UBI??' technology, integrating real-time vehicle connectivity for improved risk management. Targeting individual car owners and automotive finance entities in China's growing insurance market, OKChexian aims to provide customizable insurance solutions informed by data-driven insights.OKChexian's revenue model is built around its innovative insurance products and direct-to-consumer interactions through its mobile platform. The 'OK??' product fosters customer loyalty and recurring revenue via policy renewals. Clients can choose insurance plans tailored to their driving habits, supported by strategic partnerships with automotive finance sectors that enhance market presence and revenue streams from both direct sales and collaborations.OKChexian plans to leverage its recent Angel financing to expand its product offerings and enhance its market reach. The company is designing new insurance products aimed at diversifying options for consumers, with anticipated launches by the end of 2025. Additionally, OKChexian aims to penetrate new geographic markets, specifically targeting Southeast Asia. The funding received will support technology enhancements and market entry strategies, aligning with the company's growth objectives.

## Funding rounds

- Angel, Oct 1, 2014 — IDG Capital, Yunqi Partners

## Investors

- IDG Capital (https://capitalatlas.ai/funds/idg-capital) — Angel
- Yunqi Partners (https://capitalatlas.ai/funds/yunqi-partners) — Angel