About UCAR
UCAR is a publicly listed company based in Shenzhen (China) founded in 2014. Cab services are booked via an online platform across China. It operates in the Healthcare and Transportation, Automotive & Logistics sectors. UCAR has raised $1.43 billion across 5 funding rounds from investors including Zuche, Warburg Pincus and China People's Property Insurance. Its focus areas include Consumer, Road Transport Tech, Ride Hailing and Cars. Its competitors include Didi, Didachuxing and Ruqi Mobility; 3 of its 3 listed competitors have raised funding.
Company details
UCAR was founded in 2014 in Shenzhen, China, as an online platform for ride-sharing. Chauffeured car services are provided through a mobile app, covering 60 cities nationwide. Operations follow an asset-heavy model with an in-house fleet, and a permit for ride-sharing is maintained. The company is valued at US3.55 billion from its latest funding round.
- Headquarters Shenzhen, China
- Stage Public
- SectorsHealthcareTransportation, Automotive & Logistics
- Website category Travel and Tourism · Car Rentals
- Website 10101111.com
- Total Equity Funding$1.43B (USD)
in 5 rounds
- Latest Funding Round$382M (USD), Post-IPO
Jul 2017
- InvestorsZuche
& 5 more
Apps and channels of UCAR
UCAR publishes 1 mobile app.
Funding Insights of UCAR
UCAR has successfully raised a total of $1.43B across 5 strategic funding rounds. The most recent funding activity was a Post-IPO round of $382 million completed in July 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 $1.43B
- Total Rounds 5
- Last Round Post-IPO — $382M
- First Round $250M
(Jul 2015)
- Investors Count 6
All 5 funding rounds of UCAR 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 |
|---|---|---|---|---|---|
| Jul 2017 | $382M | Post-IPO | – | – | |
| Mar 2016 | $569M | Series C | – | Yunfeng Capital | – |
| Jan 2016 | $60M | Series B | – | – | – |
| Sep 2015 | $550M | Series B | – | Zuche | |
| Jul 2015 | $250M | Series A | – | Zuche |
6 investors in total: 6 institutional.
Investors in UCAR
UCAR has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Zuche, Warburg Pincus and China People's Property Insurance.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investments are managed by Yunfeng Capital in China. | yfc.cn | Shanghai, China | ||
Multi-stage private equity investments are pursued across diverse sectors. | 1966 | warburgpincus.com | New York, United States | |
Venture Capital firm focused on multiple sectors | legendcapital.com.cn | Haidian, China | ||
| epicc.com.cn | ||||
Online car rental platform | 2007 | zuche.com | Beijing, China | |
| tourmalinegem.tcc.mode |
Investor details for UCAR
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of UCAR
4 dated milestones of UCAR across 3 years, from founding to its latest funding, stage changes and deals.
- Founded UCAR is founded.
- Funding First funding round of $250.0M.
- IPO Lists on the stock exchange (IPO).
- Funding Latest funding round, Post-IPO, of $382.0M.
Competitors of UCAR
UCAR has 3 listed competitors in our database, 3 of them funded. They include Didi, Didachuxing and Ruqi Mobility.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| didiglobal.com | 2012 | Haidian, China | $20.77B | 1 | An AI-enabled platform is operated for ride-hailing and on-demand services. | |
| didachuxing.com | 2015 | Chaoyang, China | $100M | Taxi booking services are facilitated via a mobile app platform. | ||
| ruqimobility.com | 2019 | Guangzhou, China | $269.93M | AI-based platform providing ride-hailing services with electric fleet |
Detailed competitors of UCAR
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of UCAR
The website of UCAR (10101111.com) receives about 1.1K visits a month and ranks #14,253,675 among all websites worldwide, #3,138 in Car Rentals.
- Monthly visits1.1K
▲ 5.7% vs previous month
- Global rank#14,253,675
among all websites
- Category rank#3,138
Travel and Tourism · Car Rentals
- Bounce rate41%
- Pages per visit1.1
- DevicesDesktop 27% · Mobile 73%
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Frequently Asked Questions about UCAR
UCAR was founded in 2014 and raised its 1st funding round 1 year after it was founded.
UCAR is headquartered in Shenzhen, China. It is registered at Shenzhen, Guangdong, China.
UCAR is a funded company, having raised a total of $1.43B across 5 funding rounds to date. The company's 1st funding round was a Series A of $250M, raised on Jul 2015.
UCAR was founded in 2014 in Shenzhen, China, as an online platform for ride-sharing. Chauffeured car services are provided through a mobile app, covering 60 cities nationwide. Operations follow an asset-heavy model with an in-house fleet, and a permit for ride-sharing is maintained. The company is valued at US3.55 billion from its latest funding round.
UCAR's top competitors include Didi, Didachuxing and Ruqi Mobility.
UCAR has 6 investors. Key investors include Zuche, Warburg Pincus, China People's Property Insurance, Yunfeng Capital, and Tourmalinegem.
Yes. UCAR publishes 神州专车-专业安全，出行优选.