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§ Private Profile · Beijing, Beijing, China
Mobile app platform connecting drivers with gas stations, enhancing customer experience and service efficiency for automotive customers in China.
51Autogo is a China-based technology company that operates a mobile application designed to connect motorists with partnering gas stations and facilitate digital transactions. The platform provides digital tools to gas station operators and everyday drivers, aiming to improve service efficiency and streamline the refueling process across the automotive sector. In August 2016, the enterprise secured a $15 million Series funding round, following an earlier valuation of $105 million based on a 15x revenue multiple in 2015. Backed by venture capital firm Gobi Partners, the company targeted a network expansion to over 1,000 partnering gas stations and a daily transaction value of $1.5 million by the end of 2016. The organization subsequently transitioned to the public markets, completing a $30 million initial public offering in September 2021. 51Autogo was founded in 2015.
51Autogo has raised $15.1M across 1 funding round.
51Autogo has raised $15.1M in total across 1 funding round.
51Autogo has raised $15.1M in total across 1 funding round.
51Autogo's investors include Gobi Partners, Renren, ZhenFund.
51Autogo has raised $15.1M across 1 funding round. Most recently, it raised $15.1M Series A in August 2016.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Aug 18, 2016 | $15.1M Series A | Gobi Partners | Renren, ZhenFund | Announced |