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INTERNET | Internet Software & Services / Accounting & Finance
ddjf.com.cn

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Founded Year

2015

Stage

Series B | Alive

Total Raised

$29M

Last Raised

$29M | 5 yrs ago

About Dadao Financial

Dadao Financial is a Shenzhen-based real estate platform that provides financing services for people involved in second-hand property transactions. Its products include Jiaoyibao, a real estate insurance product guaranteeing the safety of assets during transactions, and Jishidai, which provides fast mortgage loans for as little as in three days.

Dadao Financial Headquarter Location

No.39, Tonggu Road Nanshan District

Shenzhen, Guangdong, 518048,

China

+86 400-960-8200

Latest Dadao Financial News

China: C-Bridge backs pharma merger; Dadao closes Series B

Mar 24, 2017

China: C-Bridge backs pharma merger; Dadao closes Series B Subscribe to our newsletter Shiwen Yap March 24, 2017: &nbsp C-Bridge Capital and Tasly Holdings have invested $150 million in backing a merger of pharmaceutical firms in China. Meanwhile, Dadao Financial has closed a $29 million Series B round. C-Bridge Capital & Tasly Holdings invest $150m to back pharma merger C-Bridge Capital Partners LLC, a private equity (PE) fund targeting healthcare, has partnered Tianjin-based traditional Chinese medicine firm Tasly Holding Group to invest $150 million in a new drug developer resulting from the merger of Shanghai-based Tianjing Biopharma Technology and Tianjin-based Tianzhenshi Biotechnology Company. This new entity will have 12 innovative antibody drugs in the pipeline. Tianjing Biopharma was founded by Zang Jingwu, a former SVP and China head of R&D at GlaxoSmithKline Plc. Zang previously worked for contract research organisation Hangzhou Tigermed Consulting Co., Ltd, and precision medical care company Bioscikin, which develops new drugs for tumour immunity and autoimmune diseases. It closed an undisclosed Series A round from I-Bridge Capital in October 2016. Tianzhenshi is backed by Tasly, I-Bridge and Genexine, Inc. Proceeds from this investment will support R&D efforts and accelerate both clinical applications and internationalisation. January 2016 saw C-Bridge invest $100 million in Chinese biotech firm Ascletis, which develops drugs to treat infectious diseases including Hepatitis C and related cancers. Another investment was a $25 million takeover of medical equipment maker Anrei Medical (Hangzhou) Co., Ltd. Dadao Financial secures $29m Series B China Renaissance Private Equity Fund, a private equity arm under China Renaissance , has led a RMB200 million (US$29 million) series B round in Shenzhen-based Dadao Financial, a real estate financing services platform. Others joining the round include existing investors Sequoia Capital China and PE firm PAG. Dadao provides financing services for second-hand property transactions. It operates 11 offices in Guangzhou, Shanghai, Nanjing and Zhengzhou. Proceeds from this round will drive the establishment of more offices, enhanced marketing and sales, further R&D. Also Read:

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Expert Collections containing Dadao Financial

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Dadao Financial is included in 6 Expert Collections, including Mortgage Tech.

M

Mortgage Tech

174 items

R

Real Estate Tech

2,188 items

Startups in the space cover the residential and commercial real estate space with a focus on consumers. Categories include buying, selling and investing in real estate (iBuyers, marketplaces, investment/crowdfunding platforms), and also tenant experience, property management, sm

F

Fintech 250

248 items

D

Digital Lending

1,123 items

This collection contains companies that provide alternative means for obtaining a loan for personal or business use and companies that provide software to lenders for the application, underwriting, funding or loan collection process.

I

InsurTech

1,629 items

Companies and startups that use of technology to improve core and ancillary insurance operations. Companies in this collection are creating new product architectures, improving underwriting models, accelerating claims and creating a better customer experience

F

Fintech

10,803 items

Excludes US-based companies

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