About Start Car Life
Start Car Life is a company based in Chaoyang (China) founded in 2012 was acquired by Guazi in March 2019.. Start Car Life has raised $70.48 million across 3 funding rounds from investors including Guazi, IDG Capital and Morningside China. Start Car Life operates in a competitive market with competitors including Atzuche, Yidao Yongche, Ponycar, Baojia and UU Cars, among others.
- Headquarter Chaoyang, China
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Sectors
Travel & HospitalityTransportation, Automotive & Logistics
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Email
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Phone
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Website
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Funding Insights of Start Car Life
Start Car Life has successfully raised a total of $70.48M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $60 million completed in November 2014. 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 Funding
- Total Rounds 3
- Last Round Series B — $60.0M
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First Round
First Round
(08 Mar 2013)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 2014 | Amount | Series B - Start Car Life | Valuation | IDG Capital , Morningside |
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| Jun, 2014 | Amount | Series A - Start Car Life | Valuation | Sequoia Capital |
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| Mar, 2013 | Amount | Seed - Start Car Life | Valuation | Red Dot Ventures |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Start Car Life
Start Car Life has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Guazi, IDG Capital and Morningside China. 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.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm
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Founded Year | Domain | Location | |
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Sequoia Capital is engaged in venture capital investments.
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Founded Year | Domain | Location | |
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H. S. Engineers is engaged in manufacturing acoustic enclosures and material handling systems.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Start Car Life
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Start Car Life
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Start Car Life Comparisons
Competitors of Start Car Life
Start Car Life 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 Atzuche, Yidao Yongche, Ponycar, Baojia and UU Cars, 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 |
Peer-to-peer car rentals are enabled between owners and screened users.
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| domain | founded_year | HQ Location |
Online P2P ride-hailing services are aggregated for bookings.
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| domain | founded_year | HQ Location |
Electric vehicles are rented self-drive on a per-minute basis.
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| domain | founded_year | HQ Location |
An online peer-to-peer platform for car rentals.
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| domain | founded_year | HQ Location |
P2P electric car rental platform
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| domain | founded_year | HQ Location |
Serves as a peer-to-peer car rental platform for convenient vehicle sharing.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Start Car Life
Frequently Asked Questions about Start Car Life
When was Start Car Life founded?
Start Car Life was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Where is Start Car Life located?
Start Car Life is headquartered in Chaoyang, China. It is registered at Chaoyang, Liaoning, China.
Is Start Car Life a funded company?
Start Car Life is a funded company, having raised a total of $70.48M across 3 funding rounds to date. The company's 1st funding round was a Seed of $482K, raised on Mar 08, 2013.
What does Start Car Life do?
START (previously known as PPzuche.com and trades as iCarsClub in Singapore) is an online marketplace for P2P car rentals. Owners can register on the platform and list their cars for rent. Users (renters) can search, compare, and rent vehicles on the platform by providing relevant details. Once the car owner confirms the request, users can then connect with the car owner to decide on pick up time and place. The company also offers roadside assistance and complimentary insurance. Its mobile apps are available for Android and iOS platforms. Acquired by Guazi in 2019.
Who are the top competitors of Start Car Life?
Start Car Life's top competitors include Yidao Yongche, Atzuche and Ponycar.
Who are Start Car Life's investors?
Start Car Life has 5 investors. Key investors include Guazi, IDG Capital, Morningside China, Sequoia Capital, and H. S. Engineers.
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