# iTongxing

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/itongxing

- Industry: Software
- Headquarters: Qingdao, China
- Latest round: Angel (Jul 1, 2011)
- Investors on record: 1

## About

Based in Qingdao, China, and founded in 2011, iTongxing operates as a ride-sharing service, aiming to provide users with professional, safe and accurate carpooling services. In July 2011, the company raised an undisclosed amount of angel funding from new investor TiSiWi.

The company team collected and accumulated the location information of the same location and different names, and developed an intelligent search engine for geographical location to provide ride-sharing search services. The company's platform calculates travel costs based on fuel consumption, oil price, distance, model and so on, and users share the costs equally. The platform supports the carpooling function of long-term fixed passengers.

## Funding rounds

- Angel, Jul 1, 2011 — TiSiWi

## Investors

- TiSiWi (https://capitalatlas.ai/funds/tisiwi) — Angel