About Izuche
Izuche is a Travel & Hospitality company based in Beijing (China) founded in 1992. Online platform for renting self-drive cars. It operates in the Travel & Hospitality and Transportation, Automotive & Logistics sectors. Izuche has raised $429.49 million across 2 funding rounds from investors including China Taiping Insurance Group, 申能财险 and CCB International. Its website izuche.com draws about 93 thousand monthly visits. Its focus areas include Consumer, Road Transport Tech, Self Drive Rentals and Car. Its competitors include eHi Car Services, Zuche and Gofun; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Beijing, China
- SectorsTravel & HospitalityTransportation, Automotive & Logistics
- Website izuche.com
- Total Equity Funding$429.49M (USD)
in 2 rounds
- Latest Funding Round$309.49M (USD), Series B
Dec 2016
- InvestorsChina Taiping Insurance Group
& 3 more
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 $429.49M
- Total Rounds 2
- Last Round Series B — $309.49M
- First Round $120M
(Oct 2015)
- Investors Count 4
All 2 funding rounds of Izuche 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 |
|---|---|---|---|---|---|
| Dec 2016 | $309.49M | Series B | – | China Taiping Insurance Group | |
| Oct 2015 | $120M | Series A | – | Harvest Global Investments | – |
4 investors in total: 4 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Diversified insurance and financial services are provided globally. | 1929 | cntaiping.com | Hong Kong, China | |
Insurance products for health and specific diseases are offered by 申能财险. | 2024 | 95505.com.cn | Shanghai, China | |
CCB International is engaged in investment banking and financial services. | ccbintl.com.hk | Hong Kong, Hong Kong | ||
Operates as an asset management company specializing in global investments. | 1999 | harvestglobal.com.hk | Hong Kong, China |
Investor details for Izuche
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Izuche
1 people are tracked at Izuche (1 in leadership).
| Name | Role | Group |
|---|---|---|
Zhou Hong | CEO | Leadership |
Complete people profiles for Izuche
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- Team structure
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Timeline of Izuche
3 dated milestones of Izuche across 24 years, from founding to its latest funding, stage changes and deals.
- Founded Izuche is founded.
- Funding First funding round of $120.0M.
- Funding Latest funding round, Series B, of $309.5M.
Competitors of Izuche
Izuche has 3 listed competitors in our database, 3 of them funded. They include eHi Car Services, Zuche and Gofun.
| 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 | ||
| shouqiev.com | 2015 | Beijing, China | $46.38M | Self-drive car rentals are enabled via an online booking platform. |
Detailed competitors of Izuche
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Web traffic of Izuche
The website of Izuche (izuche.com) receives about 93.4K visits a month.
- Monthly visits93.4K
▼ 51.9% vs previous month
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Frequently Asked Questions about Izuche
Izuche was founded in 1992 and raised its 1st funding round 23 years after it was founded.
Izuche is headquartered in Beijing, China.
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 2015.
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.
Izuche's top competitors include Zuche, eHi Car Services and Gofun.
Izuche has 4 investors. Key investors include China Taiping Insurance Group, 申能财险, CCB International, and Harvest Global Investments.