# uuzuche.com

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

- Industry: Transportation Services
- Headquarters: Beijing, China
- Website: www.uuzuche.com
- Total disclosed funding: $10M
- Latest round: Series A (Sep 24, 2014)
- Investors on record: 2

## About

UUzuChe is focused on providing innovative transportation solutions through its vehicle-sharing platform, enhancing urban mobility with eco-friendly options like electric scooters and bicycles for city dwellers and tourists.UUzuChe specializes in vehicle-sharing services aimed at improving urban mobility. The firm was founded in 2014 and is headquartered in Beijing, China. In March 2015, UUzuChe raised USD 10 mn in Series A funding from Bitauto Holdings Limited, marking the latest investment round and bringing the total amount raised to USD 10 mn. The company has completed 3 deals to date.UUzuChe specializes in innovative transportation solutions, focusing on enhancing urban mobility through its advanced vehicle-sharing platforms. The company's core offerings include a fleet of electric scooters and bicycles designed for short-distance travel, promoting eco-friendly options for commuting. These products are engineered for efficiency and user convenience, featuring a seamless app interface that allows users to locate, reserve, and unlock vehicles effortlessly. Targeting urban populations in major metropolitan areas across Europe and North America, UUzuChe aims to provide sustainable alternatives to traditional transportation methods. The end users, primarily city dwellers and tourists, benefit from reduced congestion and enhanced accessibility to urban destinations while contributing to a greener environment.UUzuChe generates revenue through a subscription-based model, offering customers various pricing plans for its vehicle-sharing services. The flagship products, including their branded electric scooters and bicycles, are made available through both individual subscriptions and partnerships with local municipalities and businesses. Clients, which include urban commuters and tourists, can choose between daily or monthly plans, allowing them flexible access to the transportation options based on their needs. These structured transactions facilitate direct interactions with consumers, while also enabling collaborations with retailers for promotional events and corporate partnerships aimed at expanding the client base. Overall, the revenue structure reflects a commitment to accessibility and sustainable urban transportation solutions.UUzuChe plans to utilize the recent funding of USD 10 mn raised in March 2015 to enhance its service offerings and expand into new markets. The company is looking to launch new products, including advanced electric vehicles, by the end of 2023, and aims to establish a presence in additional metropolitan areas across Asia and South America by 2025.

## Funding rounds

- Series A, Sep 24, 2014, $10M — Lightspeed Venture Partners, K2VC
- Angel, Mar 10, 2014 — K2VC

## Investors

- K2VC (https://capitalatlas.ai/funds/k2vc) — Angel, Series A
- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Series A