About T3 Travel
T3 Travel is a company based in Nanjing (China) founded in 2018.. T3 Travel has raised $260.58 million across 2 funding rounds from investors including Tencent, Alibaba Group and Tongcheng Network Technology Co. T3 Travel operates in a competitive market with competitors including Didi, Didachuxing, Quhuo, Ruqi Mobility and UCAR, among others.
- Headquarter Nanjing, China
-
Sectors
Transportation, Automotive & Logistics
-
Email
***********
-
Phone
*********
-
Website
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$260.58 M (USD)
in 2 rounds
-
Latest Funding Round
$140 M (USD), Series A
Jul 31, 2023
-
Investors
Tencent
& 8 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of T3 Travel
T3 Travel has successfully raised a total of $260.58M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $140 million completed in July 2023. 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 2
- Last Round Series A — $140.0M
-
First Round
First Round
(27 Oct 2021)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2023 | Amount | Series A - T3 Travel | Valuation | Aplus Capital |
|
| Oct, 2021 | Amount | Series A - T3 Travel | Valuation | CITIC |
| 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 T3 Travel
T3 Travel has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include Tencent, Alibaba Group and Tongcheng Network Technology Co. 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 |
|---|---|---|---|---|
|
Tech startups in China are funded by Aplus Capital.
|
Founded Year | Domain | Location | |
|
-
|
Founded Year | Domain | Location | |
|
-
|
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 T3 Travel
| 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 - T3 Travel
| 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 |
T3 Travel Comparisons
Competitors of T3 Travel
T3 Travel 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 Didi, Didachuxing, Quhuo, Ruqi Mobility and UCAR, 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 |
An AI-enabled platform is operated for ride-hailing and on-demand services.
|
|
| domain | founded_year | HQ Location |
Taxi booking services are facilitated via a mobile app platform.
|
|
| domain | founded_year | HQ Location |
Contract workforce recruitment is enabled through an online platform.
|
|
| domain | founded_year | HQ Location |
AI-based platform providing ride-hailing services with electric fleet
|
|
| domain | founded_year | HQ Location |
Cab services are booked via an online platform across China.
|
| 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 T3 Travel
Frequently Asked Questions about T3 Travel
When was T3 Travel founded?
T3 Travel was founded in 2018 and raised its 1st funding round 3 years after it was founded.
Where is T3 Travel located?
T3 Travel is headquartered in Nanjing, China. It is registered at Nanjing, Jiangsu, China.
Is T3 Travel a funded company?
T3 Travel is a funded company, having raised a total of $260.58M across 2 funding rounds to date. The company's 1st funding round was a Series A of $120.58M, raised on Oct 27, 2021.
What does T3 Travel do?
T3 Travel was established in 2018 in Nanjing, China, within the mobility sector. An AI-enabled platform is utilized to connect users with nearby rides, where bookings are made based on location and passenger information. Operations extend to corporate transportation and car rental options. Key features encompass AI-driven facial recognition for security and car-machine interaction for enhanced usability. The service operates primarily in China.
Who are the top competitors of T3 Travel?
T3 Travel's top competitors include Didi, Didachuxing and Quhuo.
Who are T3 Travel's investors?
T3 Travel has 9 investors. Key investors include Tencent, Alibaba Group, Tongcheng Network Technology Co, Aplus Capital, and CITIC Innovation Incubation Investment.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.