# Bluegogo International

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/bluegogo-international

- Industry: Transportation Services
- Headquarters: Tianjin, China
- Total disclosed funding: $66M
- Latest round: Series C (Feb 27, 2017)
- Investors on record: 4

## About

Founded in 2016 and based in Tianjin, China, Bluegogo International, Inc. operates as a shared bike service company that focuses on the operation and management of shared bicycle rental platforms. Gang Li, the company's CEO and founder of Beast Riding, was formerly the project leader of 360 Smart Key. In February 2017, Bluegogo International, Inc. raised a series C funding for CNY 400 million.

The company's main business is the operation and management of a shared bicycle rental platform. Users can make online reservations to rent nearby bicycles at any time through the platform. Its shared bicycles use carbon fiber body and shock absorption designs. The shared bicycles are also equipped with a 7.5-inch display screen that can display navigation videos, picture advertisements, and other content.

The company generates revenue by providing shared bicycle rental platforms and related services.

## Funding rounds

- Series C, Feb 27, 2017, $58M — Black Hole Capital, Smart Xintong
- Series A, Jun 1, 2015, $8.2M — Sinovation Ventures, ZhenFund

## Investors

- Sinovation Ventures (https://capitalatlas.ai/funds/sinovation-ventures) — Series A
- ZhenFund (https://capitalatlas.ai/funds/zhenfund) — Series A
- Black Hole Capital (https://capitalatlas.ai/funds/black-hole-capital) — Series C
- Smart Xintong — Series C