About Le Chebang
Le Chebang was a Transportation, Automotive & Logistics company based in Shanghai (China) founded in 2015. It operates an online aggregator for automotive repair services. It operates on a B2C model. Le Chebang has raised $67.39 million across 3 funding rounds from investors including Sequoia Capital, Joyson Electronics and Vertex Ventures. The company is recorded as dissolved. Its focus areas include Automotive, Services, Repair and Maintenance and Online Aggregation. Its competitors include JekunAuto, Bopai and Chemayi; 3 of its 3 listed competitors have raised funding.
Company details
Le Chebang operates an online aggregator for automotive repair services, focusing on dealing with automotive parts, providing essential services, offering repair and maintenance, and online aggregation. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
- Headquarters Shanghai, China
- SectorsTransportation, Automotive & Logistics
- Website lechebang.com
- Total Equity Funding$67.39M (USD)
in 3 rounds
- Latest Funding Round$43.53M (USD), Series B
May 2017
- InvestorsSequoia Capital
& 5 more
Funding Insights of Le Chebang
Le Chebang has successfully raised a total of $67.39M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $43.53 million completed in May 2017. 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 $67.39M
- Total Rounds 3
- Last Round Series B — $43.53M
- First Round $4M
(Apr 2015)
- Investors Count 6
All 3 funding rounds of Le Chebang 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 |
|---|---|---|---|---|---|
| May 2017 | $43.53M | Series B | – | Grand Flight Investment | |
| May 2016 | $19.86M | Series A | – | – | |
| Apr 2015 | $4M | Series A | – | – |
6 investors in total: 6 institutional.
Investors in Le Chebang
Le Chebang has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Sequoia Capital, Joyson Electronics and Vertex Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| vertexventures.cn | ||||
Venture capital investments are made in technology startups through a global ecosystem. | cathayinnovation.com | |||
Investment management services are offered by the company. | gfinvestment.com | |||
Sequoia Capital is engaged in venture capital investments. | 1972 | sequoiacap.com | ||
Venture capital firm focused on early-stage investments | sequoiacap.cn | Beijing, China | ||
Manufactures high-quality electronic control units, washers, sensors, mirror systems, and steering wheels. | 2004 | joyson.cn | Ningbo, China |
Investor details for Le Chebang
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Timeline of Le Chebang
3 dated milestones of Le Chebang across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Le Chebang is founded.
- Funding First funding round of $4.0M.
- Funding Latest funding round, Series B, of $43.5M.
Competitors of Le Chebang
Le Chebang has 3 listed competitors in our database, 3 of them funded. They include JekunAuto, Bopai and Chemayi.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| jekunauto.com | 2013 | Guangdong, China | $52.57M | An online platform providing on-demand auto maintenance services. | ||
| bopai.com | 2014 | Beijing, China | $35M | Delivers on-demand, at-home car maintenance services. | ||
| chemayi.com | 2012 | Beijing, China | $22M | Functions as an online aggregator for automotive content and resources. |
Detailed competitors of Le Chebang
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Top companies in Automotive Engineering & Design Services
2 companies that operate in the same segment as Le Chebang (Automotive Engineering & Design Services) in China, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Automotive transactions and used car export services are facilitated. | 2010 | Shanghai, China | USD 688.08 M | 217 | ||
Electric vehicles are manufactured and designed by CIMC Vehicles. | 2013 | Shenzhen, Guangdong, China | USD 2.88 B | 9,460 |
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Frequently Asked Questions about Le Chebang
Le Chebang was founded in 2015.
Le Chebang is headquartered in Shanghai, China.
Le Chebang is a funded company, having raised a total of $67.39M across 3 funding rounds to date. The company's 1st funding round was a Series A of $4M, raised on Apr 2015.
Le Chebang operates an online aggregator for automotive repair services, focusing on dealing with automotive parts, providing essential services, offering repair and maintenance, and online aggregation. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
Le Chebang has 6 investors. Key investors include Sequoia Capital, Joyson Electronics, Vertex Ventures, Cathay Innovation, and Grand Flight Investment.