# Shenzhen Muchenglin Technology Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/shenzhen-muchenglin-technology-co

- Industry: Insurance
- Headquarters: Tianjin, China
- Website: www.xiaoyusan.com
- Total disclosed funding: $16M
- Latest round: Series C (Mar 17, 2021)
- Investors on record: 4

## About

Shenzhen Muchenglin Technology Co., Ltd. operates as an internet insurance brokerage, specializing in customized insurance solutions for individuals and families, utilizing big data analytics for precise targeting and policy design.Founded in 2015 in Tianjin, China, Shenzhen Muchenglin Technology Co., Ltd. focuses on internet insurance brokerage. In March 2021, the company raised CNY 100.000 mn during its Series B funding round, led by MPC, raising the total amount to CNY 100.000 mn. The firm has completed 4 deals since inception, with no notable changes in its business strategy or structure.Shenzhen Muchenglin Technology Co., Ltd. provides professional internet insurance brokerage services under the brand name ???????. Their offerings include a variety of insurance policies for children, adults, and families, with specialized products like the ???13?????? (Bumblebee No. 13 Childhood Critical Illness Insurance). The company employs big data analytics to tailor insurance plans, ensuring effectiveness in demographic targeting and policy design. Services are primarily available in China and select international markets, featuring rapid claims processing and dedicated consulting support.The revenue model for ??????? is driven by direct-to-consumer insurance sales, including flagship products like ???7? (Increase More 7) for retirement and wealth protection. The service operates on a subscription basis, with customers paying monthly premiums that vary by coverage and demographic factors. The platform emphasizes a high value-for-cost ratio, facilitating a user-friendly experience with quick claims submission and 24/7 customer service support.The company plans to introduce new products aimed at enhancing its service portfolio, although specific details and release dates are currently undisclosed. Shenzhen Muchenglin Technology Co., Ltd. aims to expand its market presence beyond China into additional geographical regions by leveraging recent funding. The CNY 100.000 mn raised in March 2021 is intended to support these growth initiatives, specifically in product development and marketing efforts.

## Funding rounds

- Series C, Mar 17, 2021 — Gopher Asset Management
- Series B, Mar 20, 2017, $14M — MPC
- Series A, Dec 28, 2015 — Hong Shan, Albatross Venture
- Angel, Feb 1, 2015, $1.6M — Albatross Venture

## Investors

- Albatross Venture (https://capitalatlas.ai/funds/albatross-venture) — Angel, Series A
- Hong Shan — Series A
- MPC — Series B
- Gopher Asset Management (https://capitalatlas.ai/funds/gopher-asset-management) — Series C