Boch. Com (Beijing Hengtai Boche Auction Co., Ltd.) recently announced the completion of Series A financing of 654.38 billion yuan. Fosun Kunzhong, Yu Xintian Capital and other professional investment institutions concerned about the automotive aftermarket participated in this round of financing. Founded in 2065438+July 2004, Boche. Com is a professional network platform dedicated to the auction of repairable accident vehicles. By estimating the total loss of accident vehicles and online bidding, the loss can be reduced for the entrusting party and the vehicle maintenance resources can be redistributed reasonably.
Mr. Chen, the founder of the company, is a veteran of the automotive aftermarket. Graduated from the Automation Department of Tsinghua University, he was an executive of the world's top 500 enterprises in the automobile industry. He is currently the executive director of China Automobile Maintenance Industry Association and a member of China Auction Industry Association. He has many years of experience and industry resources in the automotive aftermarket. At present, the overall profit of China's auto insurance industry is extremely inconsistent with the scale of development. Insurance companies are not only restricted by many aspects in auto insurance claims, but also face great pressure of impairment. Especially in the case of relatively serious vehicle losses, the insurance company pays a high amount of compensation and claims a huge workload. Boch. Com provides better solutions for car owners, insurance companies and automobile maintenance enterprises by using the advantages of open, fair and just auction and the rapid and extensive Internet.
In fact, the accident car auction industry abroad has a history of more than 30 years. In 20 13, there were more than 3 million vehicles with insurance accidents in the United States, which were dealt with by the way of presumed total loss. The relevant market environment, laws and regulations, and operating procedures were very standardized and sound, and the insurance company, the insured (owner) and the automobile maintenance enterprise all won. The research and analysis of the North American car auction market has strengthened Chen's determination to build an accident car auction platform.
Boch. Com has developed rapidly in less than a year. With the post-market resources and advantages of the early founders, it has landed in 35 cities in a short time, with more than 654.38+00000 registered repair shops, serving many insurance companies such as PICC, Ping An and Pacific Insurance, and large car rental companies such as Aiche, and has become the fastest-growing professional accident car auction platform in China.
Chen, the founder of the company, said that after this round of financing, it will mainly promote three aspects of work: First, the expansion of landing cities and the construction of team members. The company plans to complete vehicle support services in 65,438+000 cities by the end of 2065,438+05; The second is the improvement of operation and IT system. Through model building, business design, system research and development, data mining and other meticulous work. To analyze and evaluate the accident vehicles more accurately, provide more reasonable solutions for the entrusting party to deal with the accident vehicles, and establish more extensive cooperation with vehicle-intensive enterprises such as insurance companies, car rental companies and large fleets; Third, the promotion of the member service system provides more personalized and intimate services, including financial services, through market promotion and guidance, standardization process combing, customer service system construction, and value-added service development, so as to provide more abundant maintenance resources for more automobile maintenance enterprises.
Mr. Jin Hualong, the investment director of Fosun Kunzhong Capital, who participated in this round of investment, said that he attached great importance to the accumulation of years of experience of Boche. Com's automotive aftermarket entrepreneurial team. Especially burch. Com can find the best solution in insurance company claims and accident vehicle maintenance, and provide an innovative business model for China automobile aftermarket service. Boch. Com is also a typical example of industrial internetization at present, and it is the direction that Fosun Kunzhong is very concerned about. The handling of accident vehicles in the United States is very mature, and the current market value of Copart, a representative listed company, is close to $4.5 billion. 20 14 China auto insurance premium market has exceeded 500 billion yuan. With the market-oriented reform of auto insurance rates, the demand for refined management of insurance claims is getting higher and higher, and the demand for insurance companies to dispose of accident vehicles through professional Internet platforms is getting stronger and stronger. On the eve of the industry outbreak, Bo Che. Com has a huge future development space. ;