# Shouqi Car Rental Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/shouqi-car-rental-co

- Industry: Transportation Services
- Headquarters: Beijing, China
- Website: www.izuche.com
- Total disclosed funding: $126M
- Latest round: Series A (Oct 9, 2015)
- Investors on record: 1

## About

Shouqi Car Rental Co., Ltd is a leading provider of vehicle rental services in China, offering tailored solutions for corporate, governmental, and individual clients.Shouqi Car Rental Co., Ltd specializes in vehicle rental services, established in 1992 in Beijing, China. The company has closed three funding deals, with the latest in December 2016 when it raised CNY 2.15 billion in a SERIES B round led by Taiping Asset Management, with participation from CCB International and Tianan Property Insurance Co., Ltd. The CEO of the company is Jie Gao.Shouqi Car Rental Co., Ltd offers a wide range of vehicle rental solutions, including long-term rentals, short-term leasing, and self-driving options, designed to meet the needs of corporate clients, government agencies, and individuals. Their services focus on executive transportation and public service vehicles, and they also emphasize sustainability by integrating electric and hybrid vehicles into their fleet. The company operates in over 80 cities nationwide, catering to diverse clientele.Shouqi Car Rental Co., Ltd generates revenue through a structured transaction model, primarily targeting corporate and government clients. Their offerings include flexible pricing plans for long-term leases and short-term rentals. Revenue streams consist of monthly subscriptions for corporate users and pay-per-use fees for individual customers, focusing on operational efficiency and customer satisfaction through a variety of rental solutions, including eco-friendly vehicles.Following the recent SERIES B funding of CNY 2.15 billion raised in December 2016, Shouqi Car Rental Co., Ltd plans to enhance its product offerings and expand its market presence. The company is focused on developing new vehicle rental solutions tailored to evolving customer needs and aims to enter additional geographic markets in the coming years. The funding will support the development of new products and facilitate the establishment of additional operations to reach a wider audience.

## Funding rounds

- Series A, Oct 9, 2015, $126M — Ample Harvest Finance

## Investors

- Ample Harvest Finance (https://capitalatlas.ai/funds/ample-harvest-finance) — Series A