# Shenzhen Casstime Technologies Co

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/shenzhen-casstime-technologies-co

- Industry: Software
- Headquarters: Shenzhen, China
- Website: www.casstime.com
- Total disclosed funding: $252M
- Latest round: Series D (Sep 14, 2023)
- Investors on record: 15

## About

Established in 2015 and based in Shenzhen, China, Shenzhen Casstime Technologies Co Ltd is a company that uses search engines, EPC, and other technologies to create transaction, management, and data software for the auto parts industry. The company is headquartered in Shenzhen, with subsidiaries in Guangzhou, Shanghai, Beijing and other cities. Founders and core team are from Huawei, Silicon Valley and auto parts industry, the existing staff of more than 1,500 people, CEO Mr. Jiang Yongxing graduated from Xiamen University, and was the general manager of Huawei's mobile transmission field. As of 2023, it has owned 100 core soft-authored patents such as VIN code parser, data engine, accessories commonly known as AI recognition, etc., and provides services for 250,000+ professional maintenance enterprises in 376 cities across China. In September 2023, the company closed a round of series D funding.

The company provides auto parts and automotive aftermarket integrated service software, including Kaisi APP, PC client trading platform, intelligent store management system "No. 1 Workshop", auto parts logistics platform, supply chain finance and so on. Among them, Kaiser APP can provide parts intelligent search, spot short time quotation, automatic matching suppliers, EPC parts diagram to find parts function, a wide range of services to the auto parts industry.

## Funding rounds

- Series D, Sep 14, 2023, $28M — Shenzhen HTI, MinxiXinghang State-owned Investment & Operation, Mangrove Capital, Vlight Capital, Huililingxing Capital
- Series C, Dec 15, 2020, $35M — Hong Shan, Shunwei Capital, Source Code Capital, Dawanqu Investment
- Series C, Oct 31, 2019, $80M — Hong Shan, Source Code Capital, HUA Capital
- Series B, Aug 23, 2018, $37M — Shunwei Capital, Fortune Fountain Capital, Fosun RZ Capital, Shanghe Capital
- Series B, Apr 2, 2018, $40M — Shunwei Capital, HUA Capital, Fosun RZ Capital, Zeal Capital
- Series B, Oct 18, 2017, $23M — Shunwei Capital, HUA Capital, Fosun RZ Capital
- Series A, Dec 8, 2016, $7.2M — Shunwei Capital, HUA Capital
- Angel, Dec 1, 2015, $3.1M — HUA Capital, Boruide Investment

## Investors

- HUA Capital (https://capitalatlas.ai/funds/hua-capital) — Angel, Series A, Series B, Series C
- Boruide Investment — Angel
- Shunwei Capital (https://capitalatlas.ai/funds/shunwei-capital) — Series A, Series B, Series C
- Fosun RZ Capital (https://capitalatlas.ai/funds/fosun-rz-capital) — Series B
- Zeal Capital (https://capitalatlas.ai/funds/zeal-capital) — Series B
- Fortune Fountain Capital (https://capitalatlas.ai/funds/fortune-fountain-capital) — Series B
- Shanghe Capital (https://capitalatlas.ai/funds/shanghe-capital) — Series B
- Hong Shan — Series C
- Source Code Capital (https://capitalatlas.ai/funds/source-code-capital) — Series C
- Dawanqu Investment — Series C
- Shenzhen HTI (https://capitalatlas.ai/funds/shenzhen-hti) — Series D
- MinxiXinghang State-owned Investment & Operation — Series D
- Mangrove Capital (https://capitalatlas.ai/funds/mangrove-capital) — Series D
- Vlight Capital (https://capitalatlas.ai/funds/vlight-capital) — Series D
- Huililingxing Capital — Series D