About UCAR
UCAR is a company based in Shenzhen (China) founded in 2014. UCAR has raised $1.43 billion across 5 funding rounds from investors including Zuche, Warburg Pincus and China People's Property Insurance. UCAR operates in a competitive market with competitors including Didi, Didachuxing, Ruqi Mobility, Kuaidi Dache and T3 Travel, among others.
- Headquarter Shenzhen, China
- Stage Public
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Sectors
HealthcareTransportation, Automotive & Logistics
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Phone
*********
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.43 B (USD)
in 5 rounds
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Latest Funding Round
$382 M (USD), Post-IPO
Jul 11, 2017
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Investors
Zuche
& 5 more
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Employee Count
Employee Count
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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 Total Funding
- Total Rounds 5
- Last Round Post-IPO — $382.0M
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First Round
First Round
(01 Jul 2015)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2017 | Amount | Post-IPO - UCAR | Valuation |
investors |
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| Mar, 2016 | Amount | Series C - UCAR | Valuation | Yunfeng Capital |
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| Jan, 2016 | Amount | Series B - UCAR | Valuation |
investors |
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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 |
|---|---|---|---|---|
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Private equity investments are managed by Yunfeng Capital in China.
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Founded Year | Domain | Location | |
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Multi-stage private equity investments are pursued across diverse sectors.
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Founded Year | Domain | Location | |
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Venture Capital firm focused on multiple sectors
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Founded Year | Domain | Location |
Investments & Acquisitions by UCAR
Financial Statements - UCAR
Ucar Comparisons
Competitors of UCAR
UCAR 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, Ruqi Mobility, Kuaidi Dache and T3 Travel, among others.
| 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.
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| domain | founded_year | HQ Location |
Taxi booking services are facilitated via a mobile app platform.
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| domain | founded_year | HQ Location |
AI-based platform providing ride-hailing services with electric fleet
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| domain | founded_year | HQ Location |
Taxi-booking App with tipping ability
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| domain | founded_year | HQ Location |
Ride-hailing services are facilitated via an AI-enabled platform.
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Latest news on Ucar
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 B of $60M, raised on Jul 01, 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.