About Atzuche
Atzuche is a company based in Shanghai (China) founded in 2014 by Chen Weiyu and Zhang Wenjian.. Atzuche has raised $129.84 million across 7 funding rounds from investors including China Pacific Insurance, Hearst and Shanghai Ivy Capital. Atzuche operates in a competitive market with competitors including Yidao Yongche, Baojia, Ponycar, UU Cars and Kuaikuai Zuche, among others.
- Headquarter Shanghai, China
- Founders Chen Weiyu, Zhang Wenjian
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Sectors
Travel & HospitalityTransportation, Automotive & Logistics
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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
$129.84 M (USD)
in 7 rounds
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Latest Funding Round
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Investors
China Pacific Insurance
& 8 more
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Employee Count
Employee Count
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Funding Insights of Atzuche
Atzuche has successfully raised a total of $129.84M across 7 strategic funding rounds. 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 7
- Last Round Last Round
- First Round First Round
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2020 | Amount | Series D - Atzuche | Valuation | Shanghai Ivy Capital |
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| Aug, 2017 | Amount | Series C - Atzuche | Valuation |
investors |
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| Feb, 2017 | Amount | Series C - Atzuche | Valuation | China Pacific Insurance , China Equity Group |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| 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 Atzuche
Atzuche has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include China Pacific Insurance, Hearst and Shanghai Ivy Capital. 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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Early-stage investments in enterprise services and deep technology are targeted.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Private equity investment firm
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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 Atzuche
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Atzuche
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| 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 |
Atzuche Comparisons
Competitors of Atzuche
Atzuche 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 Yidao Yongche, Baojia, Ponycar, UU Cars and Kuaikuai Zuche, 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.
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| domain | founded_year | HQ Location |
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An online peer-to-peer platform for car rentals.
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Electric vehicles are rented self-drive on a per-minute basis.
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| domain | founded_year | HQ Location |
P2P electric car rental platform
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| domain | founded_year | HQ Location |
Serves as a peer-to-peer car rental platform for convenient vehicle sharing.
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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 Atzuche
When was Atzuche founded?
Atzuche was founded in 2014.
Where is Atzuche located?
Atzuche is headquartered in Shanghai, China.
Who is the current CEO of Atzuche?
Chen Weiyu is the current CEO of Atzuche. They have also founded this company.
Is Atzuche a funded company?
Atzuche is a funded company, having raised a total of $129.84M across 7 funding rounds to date. The company's 1st funding round was a Series C of $58.14M, raised on May 01, 2014.
What does Atzuche do?
Atzuche was founded in 2014 in Shanghai, China, as a peer-to-peer car rental platform. Vehicles owned by individuals are rented to pre-screened customers through the service. A 24-hour pick-up and doorstep delivery option is provided for selected cars. All rentals are insured via a partnership with China Pacific Insurance. Operations extended to 12 Chinese cities by November 2015, with over one million users and more than 100,000 registered vehicles.
Who are the top competitors of Atzuche?
Atzuche's top competitors include Yidao Yongche, Ponycar and UU Cars.
Who are Atzuche's investors?
Atzuche has 9 investors. Key investors include China Pacific Insurance, Hearst, Shanghai Ivy Capital, Guohe Investment, and China Equity Group.
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