About 51autogo
51autogo is a Transportation, Automotive & Logistics company based in Beijing (China) founded in 2015. A mobile app is used to discover nearby fuel stations. It operates in the Transportation, Automotive & Logistics and Business Services sectors. 51autogo has raised $25 million across 2 funding rounds from investors including Renren, Zhen Fund and Gobi Partners. Its focus areas include Consumer, Local Services, Auto Services and ReFueling. Its competitors include Energy Chain Group, Weicheche and 91 Csd; 3 of its 3 listed competitors have raised funding.
Company details
51autogo was established in 2015 in Beijing, China, as a mobile application focused on location-based services within the automotive sector. Fuel stations are located by users through the platform, which utilizes geolocation to identify nearby options. Operations center on providing straightforward discovery tools for drivers, with services accessible via the apps interface. The domain 51autogo.com supports the platforms online presence in the mobile technology industry.
- Headquarters Beijing, China
- SectorsTransportation, Automotive & LogisticsBusiness Services
- Website 51autogo.com
- Total Equity Funding$25M (USD)
in 2 rounds
- Latest Funding Round$15M (USD), Series A
Aug 2016
- InvestorsRenren
& 2 more
Funding Insights of 51autogo
51autogo has successfully raised a total of $25M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $15 million completed in August 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $25M
- Total Rounds 2
- Last Round Series A — $15M
- First Round $10M
(Jun 2015)
- Investors Count 3
All 2 funding rounds of 51autogo with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
3 investors in total: 3 institutional.
Investors in 51autogo
51autogo has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Renren, Zhen Fund and Gobi Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Tech & Offline focused Seed stage VC Firm investing primarily in Asia and the US | zhenfund.com | Beijing, China | ||
Venture capital firm investing in early-stage tech startups | gobi.vc | Kuala Lumpur, Malaysia | ||
Online social networking is enabled via communication and media sharing. | 2005 | renren.com | Haidian, China |
Investor details for 51autogo
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Timeline of 51autogo
3 dated milestones of 51autogo across 1 years, from founding to its latest funding, stage changes and deals.
- Founded 51autogo is founded.
- Funding First funding round of $10.0M.
- Funding Latest funding round, Series A, of $15.0M.
Competitors of 51autogo
51autogo has 3 listed competitors in our database, 3 of them funded. They include Energy Chain Group, Weicheche and 91 Csd.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| newlink.com | 2016 | Beijing, China | $608M | Provider of charging station services | ||
| weicheche.cn | 2014 | Shenzhen, China | $14.54M | Mobile app for finding gas stations nearby | ||
| 91csd.com | 2014 | Beijing, China | $2.96M | Operates a digital hub for managing fuel stations. |
Detailed competitors of 51autogo
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Frequently Asked Questions about 51autogo
51autogo was founded in 2015.
51autogo is headquartered in Beijing, China.
51autogo is a funded company, having raised a total of $25M across 2 funding rounds to date. The company's 1st funding round was a Series A of $10M, raised on Jun 2015.
51autogo was established in 2015 in Beijing, China, as a mobile application focused on location-based services within the automotive sector. Fuel stations are located by users through the platform, which utilizes geolocation to identify nearby options. Operations center on providing straightforward discovery tools for drivers, with services accessible via the apps interface. The domain 51autogo.com supports the platforms online presence in the mobile technology industry.
51autogo's top competitors include Energy Chain Group, Weicheche and 91 Csd.
51autogo has 3 investors. Key investors include Renren, Zhen Fund, and Gobi Partners.