UCAR
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Investment Firm
Overview
Launched in January 2015, UCAR is one of the largest chauffeured car service providers in China. Through a combination of mobile internet technology, big data, professional drivers, and quality rental vehicles from CAR Inc., UCAR is committed to guaranteeing safe and standardized chauffeur services for its customers. UCAR is able to guarantee drivers’ background and qualifications as well as vehicle conditions, adopt state-of-the-art technologies to track drivers’ behaviors, and promise privacy protection and quick compensation on accidents.
Highlights
Founded
1999
Industry
Transportation
Employees
5001-10000
Investment
4
Lead Investment
4
Exits
1
Stages
Late Stage Venture, Early Stage Venture
Investor Type
N/A
Location
Asia
Contact Information
Social
Profile Resume
UCAR, established in 1999 and headquartered in Asia., specializes in Late Stage Venture, Early Stage Venture investments across Internet, E-Commerce, FinTech, SaaS, Automotive, Leasing, Financial Services, Banking, Payments. The organization boasts a portfolio of 4 investments, with an average round size of $128.1M and 1 successful exits. Their recent investments include Souche, Ant Group. The highest investment round they participated in was $7.3B. Among their most notable exits are Souche and Ant Group. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.
Investment portfolio
UCAR has made 4 investments. Their most recent investment was on Nov 16, 2016, when Souche raised $100.0M.
investments
4
Diversity investments
0
Lead investments
4
Number of exits
1
Investments
4
| Annouced Date | Organization Name | Industry | Money Raised |
|---|---|---|---|
| Nov 16, 2016 | Souche | Internet | 100.0M |
| Jun 12, 2017 | - | - | 323.5M |
| Apr 27, 2018 | - | - | 79.0M |
| May 03, 2018 | - | - | 10.0M |
Exits
1
Funding Timeline
Funding rounds
4
Investors
11
Funds
0
Funding Rounds
4
UCAR has raised 4 rounds. Their latest funding was raised on May 03, 2018 from a Series B - Chexingyi round.
| Annouced Date | Transaction Name | Number of Investors | Money Raised | Lead Investor |
|---|---|---|---|---|
| Nov 16, 2016 | Series C - Souche | - | 100.0M | - |
| Jun 12, 2017 | Series A - Xpeng Motors | - | 323.5M | - |
| Apr 27, 2018 | Series C - AutocloudPro | - | 79.0M | - |
| May 03, 2018 | Series B - Chexingyi | - | 10.0M | - |
Investors
15
UCAR is funded by 15 investor(s). Shanghai Pudong Development Bank and UnionPay International Kantor are the most recent investors.
| Investor Name | Lead Investor | Funding Round | Money Raised |
|---|---|---|---|
Alibaba Group | Yes | Series C - UCAR | 568.1M |
UnionPay International | Yes | Post-IPO Equity - UCAR | 667.9M |
Shanghai Pudong Development Bank | Yes | Post-IPO Equity - UCAR | 667.9M |
| - | No | Post-IPO Equity - UCAR | 353.1M |
UnionPay InternationalFund raised
2
Susa Ventures has raised a total of $590M across 6 funds, their latest being Susa Ventures Opportunities II. This fund was announced on Aug 30, 2021 and raised a total of $250M.
| Annouced Date | Fund Name | Money Raised |
|---|---|---|
| May 10, 2013 | OTPPLESS | 1.0M |
| May 11, 2013 | OTPPLESS | 1.0M |
Invest in industries
Recent Activity
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