Yuanbao Inc.
元保
Yuanbao Inc. (元保) is a Chinese internet insurance technology platform that launched in 2020 and moved fast — within a year it had closed a Series C of nearly RMB 1 billion, led by Source Code Capital with Cathay Capital and existing shareholders Shanxing Capital, Northern Light, Qiming Venture Partners and SIG participating . Its founder and CEO, Fang Rui, is a classic technologist: before starting Yuanbao he was a vice president at NetEase and head of its group technology department, where he founded NetEase's payment and e-commerce units and served as their CEO . The company went on to list on Nasdaq, with Fang Rui framing five years of work as building an "insurance + technology + services" ecosystem that has served tens of millions of households .
AI-generated — may contain errors, please verify.
Coverage
Rongzi China's Zhu Shan and Qiming Venture Partners' Duane Kuang on AI as the Biggest Paradigm Shift and the Next Generation of Classic Investment Cases
Despite the fierce competition in tech today, many niche segments remain underexplored. The AI space will give rise to ecosystem players on the scale of Xiaomi, creating new opportunities for both industry giants and startups.
Qiming Venture Partners Weekly | Portfolio Companies Funding and Updates Vol. 29, 2025
Staying with you through the milestone moments of Qiming Venture Partners' portfolio companies.
Qiming Weekly | Qiming Venture Partners Portfolio Companies: Funding and Updates Vol. 28, 2025
Staying with you through the milestone moments of Qiming Venture Partners' portfolio companies.
Qiming Weekly | Qiming Venture Partners Portfolio News and Updates Vol. 25, 2025
Celebrating milestone moments with Qiming Venture Partners' portfolio companies
MaHui Entrepreneur | Yuanbao Inc. Founder Fang Rui: The IPO Is Just One Thing Checked Off the List
For China's insurance industry, we've only just laid the first "smart brick."
MaHui | Congratulations to MaHui member Yuanbao Inc. on its successful Nasdaq listing
On the evening of April 30, 2025, Beijing time, Yuanbao Inc., a leading insurtech company, officially listed on the Nasdaq Stock Exchange in the United States.
Source Code Capital's Xingshi Wang and Yungang Huang Named MVIP Young Investors of the Year and Best Digital Healthcare Investor
MVIP of the Year, Best Investor in Digital Healthcare.
Today, how can brands become "family" with 300 million "laotie" on Kuaishou?
Source Code Capital Consumer Portfolio Companies × Kuaishou E-Commerce Private Session
The New Evolution of Insurtech | Code Brain Issue 15
Opportunities in Insurtech Entrepreneurship
ONES, an R&D management tool, announced the completion of its RMB 300 million Series B1 and B2 funding rounds, with participation from Source Code Capital.
Dedicated to advancing China's software industry and enhancing the core competitiveness of enterprises.
Allosteric drug discovery company Nutshell Therapeutics has raised $20 million in a Series A round led by Source Code Capital.
Currently the only platform-type allosteric drug discovery company in China driven by computational methods
Cross-border e-commerce SaaS provider **Lingxing ERP** announced the completion of a 200 million yuan Series B funding round, with Source Code Capital as the investor.
All-in-one cross-border e-commerce operations management system.
Source Code Capital Portfolio Company Blokees Raises 600 Million Yuan in Series B, Existing Investor Source Code Capital Continues to Increase Stake
Build a global children's brand born from China.
Internet Insurance Tech Platform Yuanbao Inc. Closes Nearly RMB 1 Billion Series C Led by Source Code Capital
It has accumulated millions of paying users, covering more than 90% of domestic regions.
