iCarbonX Invests 30 million RMB in Prajnasys

August 19, 2016 – iCarbonX has completed a strategic investment of 30 million RMB in Prajnasys (security: Prajnasys; Stock Code: 835739), making iCarbonX the first shareholder in the company outside of the founding team. The investment will help develop the data application ability of iCarbonX in the insurance industry.

 

iCarbonX founder and CEO, Dr. Jun Wang, said that insurance services will be an important program in the digital ecosystem of iCarbonX, and investment in the company and its team will add the necessary insurance experience to the ecosystem.


Prajnasys was founded in September 2012 and is a leading service provider of big data in both insurance industry external data and insurance applications. Prajnasys also holds the first patent for anti-fraud recognition in auto insurance.

 

The financing will be used to scale the company’s operations and to complete the functionality of the InsGuard+ cloud platform in the Shenzhen cloud computing center.

 

The Chairman and CEO of Prajnasys said “we are honored to obtain this investment and join in the construction of iCarbonX’s digital ecosystem. Dr. Jun endlessly pursues innovative technology and has a deep understanding of the trends in big data development in insurance.”

 

 

About iCarbonX


Founded in October 2015, iCarbonX aims to build an ecosystem of digital life based on a combination of an individual’s biological, behavioral and psychological data, the internet and artificial intelligence. The management team has deep experience in omics technology, mobile health, medical service, biological data analysis, artificial intelligence and data mining. Based on a growing digital life network, together with the world's leading partners, we plan to interpret and study your digital life to provide personalized products and services for a healthier and better life. For more information, please visit: icarbonx.com.