Izuche

Beijing, China Founded: 1992 • Age: 34 yrs
Online platform for renting self-drive cars
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About Izuche

Izuche is a company based in Beijing (China) founded in 1992.. Izuche has raised $429.49 million across 2 funding rounds from investors including China Taiping Insurance Group, 申能财险 and CCB International. Izuche operates in a competitive market with competitors including TIER, eHi Car Services, Zuche, Gofun and Ningbo Xiaolinggou Travel Technology, among others.

  • Headquarter Beijing, China
  • Sectors
    Travel & Hospitality
    Transportation, Automotive & Logistics
  • Phone
    *********
  • Website
    *********
Operational Areas
Travel & Hospitality → Hospitality & Travel Technology
Transportation, Automotive & Logistics → Road Transportation & Transit Systems
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $429.49 M (USD)

    in 2 rounds

  • Latest Funding Round
    $309.49 M (USD), Series B

    Dec 27, 2016

  • Investors
  • Employee Count
    Employee Count
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Funding Insights of Izuche

Izuche has successfully raised a total of $429.49M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $309.49 million completed in December 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 Rounds 2
  • Last Round Series B — $309.5M
  • First Round

    (09 Oct 2015)

  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2016 Amount Series B - Izuche Valuation China Taiping Insurance Group
Oct, 2015 Amount Series A - Izuche Valuation Harvest Global Investments
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

Investors in Izuche

Izuche has secured backing from 4 investors, including institutional investors. Prominent investors backing the company include China Taiping Insurance Group, 申能财险 and CCB International. 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.

All
Institutional
Investor Description Founded Year Domain Location
Diversified insurance and financial services are provided globally.
Founded Year Domain Location
Insurance products for health and specific diseases are offered by 申能财险.
Founded Year Domain Location
CCB International is engaged in investment banking and financial services.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Izuche

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Izuche

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Izuche Comparisons

Employees
+
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Competitors of Izuche

Izuche 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 TIER, eHi Car Services, Zuche, Gofun and Ningbo Xiaolinggou Travel Technology, 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
Electric kick-scooters are rented through a mobile app platform.
domain founded_year HQ Location
Online car rentals are offered to retail and corporate clients.
domain founded_year HQ Location
Online car rental platform
domain founded_year HQ Location
Self-drive car rentals are enabled via an online booking platform.
domain founded_year HQ Location
Online station-based car rental platform is operated.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Izuche

Frequently Asked Questions about Izuche

When was Izuche founded?

Izuche was founded in 1992 and raised its 1st funding round 23 years after it was founded.

Where is Izuche located?

Izuche is headquartered in Beijing, China.

Is Izuche a funded company?

Izuche is a funded company, having raised a total of $429.49M across 2 funding rounds to date. The company's 1st funding round was a Series A of $120M, raised on Oct 09, 2015.

What does Izuche do?

Izuche was founded in 1992 in Beijing, China, and operates as an online platform in the car rental sector. Self-drive vehicles, including luxury models and SUVs from brands such as Audi, BMW, Porsche, and Honda, are offered for rental periods ranging from days to years. Options for door delivery or site pickup are provided to users based on their preferences.

Who are the top competitors of Izuche?

Izuche's top competitors include TIER, Zuche and eHi Car Services.

Who are Izuche's investors?

Izuche has 4 investors. Key investors include China Taiping Insurance Group, 申能财险, CCB International, and Harvest Global Investments.

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