When was Bochewang founded?

Bochewang was founded in 2014 and raised its 1st funding round 1 year after it was founded.

Where is Bochewang located?

Bochewang is headquartered in Beijing, China.

How many employees does Bochewang have?

As of Aug 31, 2026, the latest employee count at Bochewang is 45.

Is Bochewang a funded company?

Bochewang is a funded company, having raised a total of $46.1M across 2 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on May 20, 2015.

When was the latest funding round of Bochewang?

Bochewang's latest funding was a $***** Series B round on Jan 22, 2016, with participation from 6 investors.

Where does Bochewang rank among its competitors?

Bochewang ranks 4th amongst 14 active competitors, of which 8 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was Tiantian Paiche, which secured $168M in Oct, 2020.

Who are the top competitors of Bochewang?

Bochewang's top competitors include Cheyipai, Tiantian Paiche and Maihaoche. Among them, Tiantian Paiche secured the most recent funding round in October, 2020.

Bochewang - 2026 Company Profile, Funding & Competitors

Company Details

Bochewang is a web platform for auctions of restored cars, which includes cars usually damaged after accidents. Whenever damages in the vehicle cross a particular threshold, insurance companies ask owners to sell their cars through auction to repair shops, rather than repairing them (which would cost more than what the car is worth). Claims to be operational in 35 cities and has more than 10,000 registered repair shops which participate in the auction.

Key Metrics

Founded Year

2014

Location

Beijing, China

Stage

Series B

Total Funding

$46.1M in 2 rounds

Latest Funding Round

Series B, Jan 22, 2016, $*****

Investors

New Horizon Capital & 10 more

Ranked

4^th among 14 active competitors

Employee Count

45 as on Aug 31, 2026

Investment & Acquisitions

Fairlubo

Similar Companies

Motorway & 127 more

View Bochewang's full profile

Bochewang has raised a total funding of $46.1M over 2 rounds. Its first funding round was on May 20, 2015. Its latest funding round was a Series B round on Jan 22, 2016 for $*****. 6 investors participated in its latest round. Bochewang has 11 institutional investors.

Here is the list of recent funding rounds of Bochewang:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 22, 2016	1041628	Series B	8787062	9716289	4352605	7316963
May 20, 2015	5572959	Series A	7179051	9801330	New Horizon Capital & 1 more	8395801

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View details of Bochewang's funding rounds and investors

Bochewang's employee count trend

Bochewang has 45 employees as of Aug 26. Here is Bochewang's employee count trend over the years:

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Top competitors of Bochewang include Cheyipai, Tiantian Paiche and Maihaoche. Here is the list of Top 10 competitors of Bochewang, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Cheyipai 2006, Beijing (China), Acquired	B2B used car trading platform	$230M	Sequoia Capital, Morningside & 6 others	48/100
2nd	Tiantian Paiche 2014, Shanghai (China), Series E	Online C2B used car auction platform	$448M	PAGODA, Industrial Bank & 11 others	46/100
3rd	Maihaoche 2014, Hangzhou (China), Series C	Online B2B platform offering dealer services	$554M	NLVC, Crescent Point & 10 others	45/100
4th	Bochewang 2014, Beijing (China), Series B	Web platform for auction of second hand restored cars	$46.1M	Ping An, Innoven Capital & 9 others	42/100
5th	Fairlubo 2011, Beijing (China), Acquired	Platform for dealers to buy cars met with accidents through auction	$45M	Legend Capital, Uxin	41/100
6th	Youxinpai 2011, Beijing (China), Series E	Online B2B platform for second-hand car auction service	$960M	Jeneration Capital, Tiger Global Management ... & 14 others	40/100
7th	Niuniuqiche 2014, Shanghai (China), Series B	Online B2B platform for car dealers to trade used vehicles	$17.9M	Unity Ventures, Hangzhou Kaitai Capital Management ... & 1 others	39/100
8th	Chezhency 2015, Shenzhen (China), Series B	Online B2B trading platform for second-hand automobiles	$19.5M	CCB International, Lotus Lake Capital Management ... & 1 others	37/100
9th	Sxbcar 2014, Chongqing (China), Deadpooled	B2B automobile marketplace	$39.1M	PAG, BITMAIN & 1 others	34/100
10th	Maimai Automobile 2017, Xuhui (China), Deadpooled	Online C2B used car trading platform	$29.4M	-	28/100