# Jizhicar.com

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/jizhicar-com

- Industry: Retail
- Headquarters: Beijing, China
- Website: www.jizhicar.com
- Total disclosed funding: $10M
- Latest round: Series C (May 18, 2019)
- Investors on record: 8

## About

Jizhicar.com is an online platform that facilitates the automotive purchasing experience by connecting consumers with various vehicle options, financing, and insurance solutions, enhancing the overall car buying journey.Jizhicar.com was founded in 2014 in Beijing, China, specializing in automotive solutions that streamline vehicle purchasing. The founder's background includes experience in the automotive sector, though specific prior ventures are not detailed. In May 2019, Jizhicar raised USD 10.00 mn in a Series A funding round led by Meridian Capital China, with River Capital also participating. This funding marks the total amount raised by the company to USD 10.00 mn across five deals since its inception.Jizhicar.com specializes in providing comprehensive automotive solutions through an online platform that connects consumers with a variety of vehicle purchasing options. Their offerings include a user-friendly interface for browsing, comparing, and purchasing vehicles, alongside tailored financing and insurance services. The platform addresses common car buying pain points, serving a customer base that includes individual buyers and small businesses in metropolitan areas like Beijing and Shanghai, making it a central resource for personal and fleet vehicle needs.Jizhicar generates revenue through transaction fees and service subscriptions, engaging vehicle buyers and sellers on its platform. Clients pay a fee for each successful vehicle purchase, while premium subscription services offer personalized features and customer support. This dual revenue model caters to both B2C and B2B markets, ensuring steady income from retail consumers and partnerships with automotive vendors, though specific pricing details are not disclosed.Looking ahead, Jizhicar.com aims to launch new products that enhance its platform's offerings, with specific release dates yet to be detailed. The company is also planning to expand into new markets, targeting additional major cities in China by the end of 2023. The recent funding from the Series A round will support these initiatives, allowing Jizhicar to invest in product development and market entry strategies.

## Funding rounds

- Series C, May 18, 2019 — Shengjing 360 Group, Beijing Zhonghai Jinyue Investment Management
- Series B, Sep 1, 2017 — Kunlun Xinyuan Fund, MPC
- Series B, Jun 6, 2017 — Gobi Partners, Chunxiao Capital
- Series A, Nov 5, 2015, $10M — Meridian Capital, River Capital
- Angel, Jan 1, 2015 — River Capital

## Investors

- River Capital — Angel, Series A
- Meridian Capital — Series A
- Gobi Partners (https://capitalatlas.ai/funds/gobi-partners) — Series B
- Chunxiao Capital — Series B
- Kunlun Xinyuan Fund (https://capitalatlas.ai/funds/kunlun-xinyuan-fund) — Series B
- MPC — Series B
- Shengjing 360 Group — Series C
- Beijing Zhonghai Jinyue Investment Management (https://capitalatlas.ai/funds/beijing-zhonghai-jinyue-investment-management) — Series C