# 51Yongche

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/51yongche-2

- Industry: Transportation Services
- Headquarters: Beijing, China
- Total disclosed funding: $12M
- Latest round: Series C (Mar 31, 2015)
- Investors on record: 3

## About

Established in 2013 and based in Beijing, China, 51Yongche is a ride-sharing service platform. In January 2021, 51Yongche discontinue their operation. It dedicated to addressing the challenges faced by urban professionals commuting, including the difficulty hailing a taxi, high taxi costs, the pitfalls of illegal taxis, the frustration of license plate restrictions, and severe urban smog. It helps car owners match up with passengers traveling the same way to and from work, allowing drivers to pick up passengers along the way.

## Funding rounds

- Series C, Mar 31, 2015 — Hong Shan, Baidu
- Series B, Aug 1, 2014, $10M — Hong Shan, Sinovation Ventures
- Series A, Jan 14, 2014, $1.6M — Sinovation Ventures

## Investors

- Sinovation Ventures (https://capitalatlas.ai/funds/sinovation-ventures) — Series A, Series B
- Hong Shan — Series B, Series C
- Baidu — Series C