Rumor: Insurance Discount Sales Site Datebao Wins RMB 180 Mln Series A
Sxrb.com, 7/06/15
Beijing-based Date Insurance Brokerage, operator of insurance discount sales site Datebao.com, has completed RMB 180 mln Series A funding from Ceyuan Ventures, Ping An Ventures, and Fosun Kinzon Investment Management, according to an inside source. The funding will be used for product development, a more aggressive marketing campaign, improved big data analysis technology for health insurance, and recruitment.
Launched in August 2014, Datebao is a discount insurance e-tailer, providing high value insurance products. Date Insurance Brokerage received RMB 7-digit angel funding from China Renaissance Ventures and Dewo Fund upon its founding.
Datebao primarily focuses on disease and accident insurance, particularly for children and women. The platform has nearly 400,000 registered users and has grown consistently by 30% per month.
Keywords: Date Insurance Brokerage Datebao online insurance Internet funding Ceyuan Ventures Fosun Kinzon Series A Ping An Ventures VC
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