Sunshine Insurance Group

Summary

In 2007 was created Sunshine Insurance Group, which is appeared as Corporate Investor. The main office of represented Corporate Investor is situated in the Beijing. The fund was located in Asia if to be more exact in China.

This organization was formed by Zhang Weigong. The overall number of key employees were 5.

We can highlight the next thriving fund investment areas, such as SaaS, Facial Recognition. Among the various public portfolio startups of the fund, we may underline Zhihu, Face++ (Megvii), Deepwise The fund has no exact preference in a number of founders of portfolio startups. When startup sums 5+ of the founder, the probability for it to get the investment is little. Besides, a startup needs to be aged 4-5 years to get the investment from the fund. For fund there is a match between the country of its foundation and the country of its the most frequent investments - China.

The typical case for the fund is to invest in rounds with 3-4 participants. Despite the Sunshine Insurance Group, startups are often financed by Sinovation Ventures, Qiming Venture Partners, Lightspeed China Partners. The meaningful sponsors for the fund in investment in the same round are Tencent Holdings, Sunland Fund, Silk Road Huachuang. In the next rounds fund is usually obtained by Sodexo Ventures, China Merchants Zhiyuan Capital, Boyu Capital.

The real fund results show that this Corporate Investor is 30 percentage points more often commits exit comparing to other companies. The average startup value when the investment from Sunshine Insurance Group is more than 1 billion dollars. The high activity for fund was in 2019. The common things for fund are deals in the range of more than 100 millions dollars. The fund is constantly included in less than 2 investment rounds annually.