Zebrai Secures USD4.5 Million of Funding to Upgrade Core Technologies(Yicai Global) Dec. 14 -- Travel data analysis cloud platform Zebrai recently secured CNY30 million (USD4.54 million) of A-round funding, which it will use to upgrade core technologies and explore intelligent applications.
Ally Capital led this round, followed by Jiu Chuang Capital.
Zebrai provides innovative usage-based insurance packages for self-guided travel, and insurance companies are its main customers. Zebrai expanded its business scope last month to include walking, cycling, rentals and public transportation.
"The data are the ingredients while data analysis and data application are the chef," founder and Chief Executive Zhang Jun. "Zebrai aims to become an outstanding chef that helps the enterprises cook delicious dishes."
Zhang was once the head of Tmall's merchant operation platform at Alibaba Group Holding Ltd. [NYSE:BABA]. Most of Zebrai's core team members are from Alibaba's business and data intelligence departments.
