Ponycar

Shenzhen, China Founded: 2016 • Age: 10 yrs
Electric vehicles are rented self-drive on a per-minute basis.

About Ponycar

Ponycar is a company based in Shenzhen (China) founded in 2016 by Liu Yixun. Ponycar has raised $67.16 million across 3 funding rounds from investors including Cosco CS, OPPO and giamfund.com. Ponycar operates in a competitive market with competitors including TIER, Yidao Yongche, Atzuche, Gofun and Baojia, among others.

  • Headquarter Shenzhen, China
  • Founders Liu Yixun
  • Sectors
    Transportation, Automotive & Logistics
    Travel & Hospitality
  • Website iponycar.com
Key Metrics
  • Total Equity Funding
    $67.16M (USD)

    in 3 rounds

  • Latest Funding Round
    $37.8M (USD), Series C

    Dec 2017

  • Investors
    Cosco CS

    & 2 more

Funding Insights of Ponycar

Ponycar has successfully raised a total of $67.16M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $37.8 million completed in December 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 $67.16M
  • Total Rounds 3
  • Last Round Series C β€” $37.8M
  • First Round $7.28M

    (Mar 2017)

  • Investors Count 3

All 3 funding rounds of Ponycar with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Dec 2017$37.8MSeries C––
–
Jun 2017$22.08MSeries B–OPPO
–
Mar 2017$7.28MSeries A–Cosco Shipping, giamfund.com
–
Valuation history

3 investors in total: 3 institutional.

Investors in Ponycar

Ponycar has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Cosco CS, OPPO and giamfund.com.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Smartphones are designed, produced, and marketed under the OPPO brand.
–oppo.comDongguan, China
Shipping company
2015coscocs.comShanghai, China
-
–giamfund.com-
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Investor details for Ponycar

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People of Ponycar

1 people are tracked at Ponycar (1 in leadership).

NameRoleGroup
Liu Yixun
FounderLeadership
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Timeline of Ponycar

3 dated milestones of Ponycar across 1 years, from founding to its latest funding, stage changes and deals.

  1. Founded Ponycar is founded.
  2. Funding First funding round of $7.3M.
  3. Funding Latest funding round, Series C, of $37.8M.

Competitors of Ponycar

Ponycar 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, Yidao Yongche, Atzuche, Gofun and Baojia, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
tier.app2018Berlin, Germany$582.93M–
Electric kick-scooters are rented through a mobile app platform.
yongche.com2010Beijing, China$90M–
Online P2P ride-hailing services are aggregated for bookings.
atzuche.com2014Shanghai, China$129.84M–
Peer-to-peer car rentals are enabled between owners and screened users.
shouqiev.com2015Beijing, China$46.38M–
Self-drive car rentals are enabled via an online booking platform.
baojia.com2014Beijing, China$35M–
An online peer-to-peer platform for car rentals.
uucars.com2014Beijing, China$10M–
P2P electric car rental platform
bagechuxing.cn2015Beijing, China$3.69M–
Operates an online platform for renting electric cars conveniently.
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Detailed competitors of Ponycar

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Latest news on Ponycar

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Similar companies to Ponycar

10 companies that operate in the same segment as Ponycar (Electric & Green Mobility), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Electric kick-scooters are rented through an app-based platform.
2017Miami, Florida, United StatesUSD 765.74 M––
Electric kick-scooters are rented through an app-based platform.
2017San Francisco, California, United StatesUSD 1.71 B––
Electric ride-hailing and cab services are provided via mobile app.
2019Mumbai, Maharashtra, IndiaUSD 168.52 M––
Shared electric two-wheelers are rented via an online platform.
2017Bengaluru, Karnataka, IndiaUSD 187.54 MUSD 2.14 M251
Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories
2013Bengaluru, Karnataka, IndiaUSD 502.15 MUSD 391.37 M1,620
App-based platform offering electric kick scooter rental services
2018Amsterdam, NetherlandsUSD 211.85 M––
Electric vehicles are manufactured and developed by Polestar.
1996Goteborg, Vastra Gotaland, SwedenUSD 550 MUSD 3.06 B2,550
Electric buses and charging systems are manufactured for fleets.
2004Burlingame, California, United StatesUSD 857.79 MUSD 309.36 M1,247
Multi-category electric vehicles are manufactured for diverse applications.
1999Bedford, United StatesUSD 101.78 M––
Autonomous aerial vehicles are provided for consumer and commercial uses.
2014Guangzhou, Guangdong, ChinaUSD 94 MUSD 58.15 M483
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Frequently Asked Questions about Ponycar

Ponycar was founded in 2016 and raised its 1st funding round 1 year after it was founded.

Ponycar is headquartered in Shenzhen, China. It is registered at Shenzhen, Guangdong, China.

Ponycar is a funded company, having raised a total of $67.16M across 3 funding rounds to date. The company's 1st funding round was a Series A of $7.28M, raised on Mar 2017.

Founded in 2016 in Shenzhen, China, Ponycar operates in the electric vehicle rental sector. Self-drive rentals are provided through a time-sharing model, charged per minute. Bookings are facilitated via a mobile app for Android and iOS or the WeChat public account, allowing users to locate nearby stations, reserve vehicles, and complete payments. A partnership with parking provider ETCP ensures vehicle availability in designated lots.

Ponycar's top competitors include TIER, Yidao Yongche and Atzuche.

Ponycar has 3 investors. Key investors include Cosco CS, OPPO, and giamfund.com.

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