About 51autogo
51autogo is a company based in Beijing (China) founded in 2015.. 51autogo has raised $25 million across 2 funding rounds from investors including Renren, Zhen Fund and Gobi Partners. 51autogo operates in a competitive market with competitors including Energy Chain Group, Simply Auto, Weicheche, 91 Csd and Cnjyz, among others.
- Headquarter Beijing, China
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Sectors
Transportation, Automotive & LogisticsBusiness Services
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Phone
*********
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$25 M (USD)
in 2 rounds
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Latest Funding Round
$15 M (USD), Series A
Aug 18, 2016
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Investors
Renren
& 2 more
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Employee Count
Employee Count
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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 Total Funding
- Total Rounds 2
- Last Round Series A — $15.0M
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First Round
First Round
(01 Jun 2015)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2016 | Amount | Series A - 51autogo | Valuation |
investors |
|
| Jun, 2015 | Amount | Series A - 51autogo | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Tech & Offline focused Seed stage VC Firm investing primarily in Asia and the US
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Founded Year | Domain | Location | |
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Venture capital firm investing in early-stage tech startups
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Founded Year | Domain | Location | |
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Online social networking is enabled via communication and media sharing.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by 51autogo
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - 51autogo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
51Autogo Comparisons
Competitors of 51autogo
51autogo operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Energy Chain Group, Simply Auto, Weicheche, 91 Csd and Cnjyz, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of charging station services
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| domain | founded_year | HQ Location |
App for tracking vehicle mileage, fuel consumption, and maintenance records.
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| domain | founded_year | HQ Location |
Mobile app for finding gas stations nearby
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| domain | founded_year | HQ Location |
Operates a digital hub for managing fuel stations.
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| domain | founded_year | HQ Location |
A mobile app that enables users to locate nearby fuel stations efficiently.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about 51autogo
When was 51autogo founded?
51autogo was founded in 2015.
Where is 51autogo located?
51autogo is headquartered in Beijing, China.
Is 51autogo a funded company?
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 01, 2015.
What does 51autogo do?
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.
Who are the top competitors of 51autogo?
51autogo's top competitors include Energy Chain Group, Simply Auto and Weicheche.
Who are 51autogo's investors?
51autogo has 3 investors. Key investors include Renren, Zhen Fund, and Gobi Partners.