About Chug
Chug is a company based in San Francisco (United States) founded in 2010.. Chug has raised $1.25 million across 2 funding rounds from investors including Rembrandt Partners. Chug offers products and services including Car Listings, Price Range Search, and Location-Based Listings. Chug operates in a competitive market with competitors including Autolist, Ooyyo, Carsabi, AZ Auto Sale and Subaba, among others.
- Headquarter San Francisco, United States
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Sectors
Transportation, Automotive & Logistics
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.25 M (USD)
in 2 rounds
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Latest Funding Round
$224.53 K (USD), Seed
Aug 14, 2012
- Investors
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Employee Count
Employee Count
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Products & Services of Chug
Chug offers a comprehensive portfolio of products and services, including Car Listings, Price Range Search, and Location-Based Listings. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Online service for browsing and purchasing used and new vehicles by price and model
Feature to filter cars by monthly or total price ranges for easy shopping
Tool for viewing vehicles available in specific U.S. cities and areas
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Funding Insights of Chug
Chug has successfully raised a total of $1.25M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $224.53 thousand completed in August 2012. 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 Seed — $224,528
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First Round
First Round
(17 May 2010)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2012 | Amount | Seed - Chug | Valuation |
investors |
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| May, 2010 | Amount | Seed - Chug | Valuation |
investors |
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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 Chug
Chug has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Rembrandt 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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US focused venture capital 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 Chug
| 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 - Chug
| 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 |
Chug Comparisons
Competitors of Chug
Chug 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 Autolist, Ooyyo, Carsabi, AZ Auto Sale and Subaba, 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 |
Automobile listings are aggregated and searched from multiple sources.
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| domain | founded_year | HQ Location |
Operates a search engine dedicated to used cars.
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| domain | founded_year | HQ Location |
Operates a search engine for used cars.
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| domain | founded_year | HQ Location |
Functions as a dealership specializing in used car sales.
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| domain | founded_year | HQ Location |
Online meta-search platform to search for cars
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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 Chug
When was Chug founded?
Chug was founded in 2010.
Where is Chug located?
Chug is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Chug a funded company?
Chug is a funded company, having raised a total of $1.25M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.02M, raised on May 17, 2010.
What does Chug do?
Chug was founded in 2010 and is based in San Francisco, United States. An online platform is operated for vehicle purchases, focusing on the automotive sector. Listings of new and used cars available across the country are aggregated from over 42,000 dealers via proprietary indexing technology. Searches by buyers are enabled based on vehicle specifications, without the need for lead forms. Operations cover the entire United States market.
What products or services does Chug offer?
Chug offers Car Listings, Price Range Search, and Location-Based Listings.
Who are Chug's investors?
Chug has 1 investor. Key investors include Rembrandt Partners.
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