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CHEHAODUO
Chehaoduo
Automotive e-commerce / used-car marketplace · Beijing · China · Founded · 2017 · ≈ · 1,066 · employees

Chehaoduo Funding — Last Valued at $10B

Private

Chehaoduo has raised $3.7B across 5 funding rounds, plus 1 undated round. The latest round valued Chehaoduo at $10B post-money, with SoftBank on the lead line.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
Chehaoduo funding · at a glance
Total raised, all rounds
$3.7B
sum of disclosed sizes
Funding rounds
5
plus 1 undated round
Latest round
$10B
post-money · Jul 2021
Lead on that event
SoftBank
lead investor
2021
About Chehaoduo

Chehaoduo raised $1.5 billion from SoftBank's Vision Fund, valuing the company at more than $9 billion. Its Series B and B+ rounds had already raised almost $600 million from investors including DST Global, Capital Today, Bank of China Group Investment and Sequoia Capital China, and by 2026 Guazi and its parent group had received approximately $4 billion in financing.

Funding timeline

The Chehaoduo funding timeline

5 funding rounds, the latest highlighted.

2017
Chehaoduo founded

Chehaoduo was founded in 2017, China.

UNDATED
Series D

No date is disclosed for this round.

JUN 2016
Series A

Matrix Partners China, BlueRun Ventures, GX Capital, Hike Capital, Welight Capital, StarAngelFund. $250M raised, led by Sequoia Capital.

Valuation basisAmount$250MPrice / shareLeadSequoia Capital
OCT 2017
Series B / B+

A primary round — the company sells new shares to investors it selects. $600M raised, led by DST Global, Capital Today, Bank of China Group Investment, Sequoia Capital China.

Valuation basisAmount$600MPrice / shareLeadDST Global, Capital Today, Bank of China Group Investment, Sequoia Capital China
MAR 2018
Series C

ICBC International, Yunfeng Capital, GIC, IDG Capital, Taihe Capital, Sequoia Capital China, H Capital, DST Global, Capital Today, Shanhang Capital Investment, FountainVest Partners, Shougang Fund. $818M raised, led by Tencent.

Valuation basisAmount$818MPrice / shareLeadTencent
MAY 2020
Series D extension

A primary round — the company sells new shares to investors it selects. $200M raised, led by Sequoia Capital China, SoftBank Vision Fund.

Valuation basisAmount$200MPrice / shareLeadSequoia Capital China, SoftBank Vision Fund
JUL 2021LATEST
Funding round at $10B post-money

A primary round — the company sells new shares to investors it selects. $300M raised, led by SoftBank.

Valuation basispost-moneyAmount$300MPrice / shareLeadSoftBank
IPO: NOT ANNOUNCED

No filing has been made.

Funding rounds

Chehaoduo funding rounds in full

5 dated rounds, newest first.

Round
Date
Amount
Valuation
Price / share
Lead investors
Participation
Funding round LATEST
Jul 2021
$300M
$10Bpost-money
—
SoftBank
—
Series D extension
May 2020
$200M
—
—
Sequoia Capital China, SoftBank Vision Fund
—
Series C
Mar 2018
$818M
—
—
Tencent
ICBC International, Yunfeng Capital, GIC, IDG Capital, Taihe Capital, Sequoia Capital China, H Capital, DST Global, Capital Today, Shanhang Capital Investment, FountainVest Partners, Shougang Fund
Series B / B+
Oct 2017
$600M
—
—
DST Global, Capital Today, Bank of China Group Investment, Sequoia Capital China
—
Series A
Jun 2016
$250M
—
—
Sequoia Capital
Matrix Partners China, BlueRun Ventures, GX Capital, Hike Capital, Welight Capital, StarAngelFund
Series D
—
$1.5B
—
—
SoftBank Vision Fund
—
Chehaoduo · investors

Investors

SSoftBank Vision FundLEADSSoftBankLEADSSequoia Capital ChinaLEADTencentLEADDST GlobalLEADCapital TodayLEADBBank of China Group InvestmentLEADSSequoia CapitalLEADIDG CapitalTTencent InvestmentHH Capital

Frequently asked questions

Who are Chehaoduo's competitors?›

The closest automotive e-commerce / used-car marketplace peers are on the competitors page.

How can I get exposure to Chehaoduo?›

The routes section explains what is realistically available for a company at this stage.

Is Chehaoduo publicly traded?›

No. Chehaoduo is a private company; its shares do not trade on a public exchange.

What is Chehaoduo's valuation?›

The last valuation is $10B.

Who has invested in Chehaoduo?›

Lead investors for each round are in the funding timeline.

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