Loading organizations...
§ Private Profile · Nanjing, Jiangsu, China
B2B supplier of automotive aftermarket parts and accessories, including car repair services, for repair stores and end consumers in China.
Based in Nanjing, China, Carzone is a B2B supplier of automotive aftermarket parts and an operator of an e-commerce platform for vehicle repair services. The company distributes components such as brake systems, ignition systems, and filters to commercial garage customers while managing an expanding retail network of over 1,300 direct stores across China. In 2018, the firm merged with the Qiche Chaoren supply chain and took over post-market auto services for major e-commerce platforms Taobao and Tmall. Carzone has raised a total of $946.49 million in venture capital funding, including a $200 million Series D round in 2022 that brought its valuation to approximately $1.5 billion. Originally founded in the year 1995 by current chief executive officer Shang Baoguo, the company's capitalization table features prominent institutional backers such as Alibaba, Warburg Pincus, and Yunfeng Capital.
Carzone has raised $200.0M across 1 funding round.
Carzone has raised $200.0M in total across 1 funding round.
Carzone has raised $200.0M in total across 1 funding round.
Carzone's investors include Asia Investment Capital, Alibaba.
Carzone has raised $200.0M across 1 funding round. Most recently, it raised $200.0M Series D in September 2021.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Sep 16, 2021 | $200M Series D | Asia Investment Capital | A Capital | Announced |