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Industrial internet platform providing B2B e-commerce for auto parts, SaaS, finance, and logistics for China's automotive aftermarket.
Based in Shenzhen, China, CassTime operates an industrial internet platform providing B2B e-commerce, SaaS management systems, and supply chain finance for the domestic automotive aftermarket. The company facilitates auto parts trading and comprehensive logistics services, generating approximately $296.1 million in annual revenue through its integrated business model. Its digital infrastructure connects over 1,000 suppliers with more than 50,000 auto maintenance workshops across 325 Chinese cities, processing replacement parts utilized in over one million vehicles on a monthly basis. Backed by $80 million in total funding, the enterprise has secured growth capital from prominent institutional investors and strategic partners including Sequoia Capital China, Source Code Capital, Shunwei Capital, and Bosch. The organization currently maintains a workforce of 1,500 employees to support its expanding software and logistics operations. CassTime was founded in 2015 by chief executive officer Jiang Yongxing.
CassTime has raised $80.0M across 1 funding round.
CassTime has raised $80.0M in total across 1 funding round.
CassTime has raised $80.0M in total across 1 funding round.
CassTime's investors include Hongshan Capital Group (Sequoia Capital China), Source Code Capital, Hua Partners.
CassTime has raised $80.0M across 1 funding round. Most recently, it raised $80.0M Series C in November 2019.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Nov 1, 2019 | $80.0M Series C | Hongshan Capital Group (Sequoia Capital China), Source Code Capital | Hua Partners |