About Gofun
Gofun is a Transportation, Automotive & Logistics company based in Beijing (China) founded in 2015. Self-drive car rentals are enabled via an online booking platform. It operates in the Transportation, Automotive & Logistics and Travel & Hospitality sectors. Gofun has raised $46.38 million across 3 funding rounds from investors including Volkswagen Group and Harvest Investments. Its website shouqiev.com draws about 20 thousand monthly visits. Its focus areas include Consumer, Online Travel, Transportation and Car. Its competitors include eHi Car Services, Zuche and Izuche; 3 of its 3 listed competitors have raised funding.
Company details
Gofun was founded in 2015 in Beijing, China, as a provider in the mobility sector. An online platform is operated for self-drive car rentals, allowing users to locate, book, and unlock vehicles through a mobile app. Hourly rental services are offered, along with features including multiple payment methods and real-time vehicle information. Vehicles are required to be returned to designated parking areas at the end of each use.
- Headquarters Beijing, China
- SectorsTransportation, Automotive & LogisticsTravel & Hospitality
- Email••••••••
- Website shouqiev.com
- Social LinkedIn
- Total Equity Funding$46.38M (USD)
in 3 rounds
- Latest Funding Round$14.85M (USD), Series B
Oct 2020
- InvestorsVolkswagen Group
& 1 more
Funding Insights of Gofun
Gofun has successfully raised a total of $46.38M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $14.85 million completed in October 2020. 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 $46.38M
- Total Rounds 3
- Last Round Series B — $14.85M
- Investors Count 2
All 3 funding rounds of Gofun with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2020 | $14.85M | Series B | – | – | – |
| Jun 2017 | $31.53M | Series A | – | Harvest | |
| Jun 2016 | Seed | – | Volkswagen Group | – |
2 investors in total: 2 institutional.
Investors in Gofun
Gofun has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Volkswagen Group and Harvest Investments.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Harvest Investments is focused on financial instrument valuation solutions. | harvestinvestments.com | |||
Passenger and commercial vehicles are manufactured globally by Volkswagen Group. | 1937 | volkswagen-group.com | Wolfsburg, Germany |
Investor details for Gofun
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Timeline of Gofun
3 dated milestones of Gofun across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Gofun is founded.
- Funding First funding round.
- Funding Latest funding round, Series B, of $14.8M.
Competitors of Gofun
Gofun has 3 listed competitors in our database, 3 of them funded. They include eHi Car Services, Zuche and Izuche.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| 1hai.cn | 2006 | Shanghai, China | $195M | Online car rentals are offered to retail and corporate clients. | ||
| zuche.com | 2007 | Beijing, China | $200M | Online car rental platform | ||
| izuche.com | 1992 | Beijing, China | $429.49M | Online platform for renting self-drive cars |
Detailed competitors of Gofun
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- Full competitor set
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Web traffic of Gofun
The website of Gofun (shouqiev.com) receives about 20K visits a month.
- Monthly visits20K
▼ 79.6% vs previous month
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Frequently Asked Questions about Gofun
Gofun was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Gofun is headquartered in Beijing, China.
Gofun is a funded company, having raised a total of $46.38M across 3 funding rounds to date.
Gofun was founded in 2015 in Beijing, China, as a provider in the mobility sector. An online platform is operated for self-drive car rentals, allowing users to locate, book, and unlock vehicles through a mobile app. Hourly rental services are offered, along with features including multiple payment methods and real-time vehicle information. Vehicles are required to be returned to designated parking areas at the end of each use.
Gofun's top competitors include Zuche, eHi Car Services and Izuche.
Gofun has 2 investors. Key investors include Volkswagen Group, and Harvest Investments.