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Full Truck Alliance has raised $1.9B across 2 funding rounds.
Key people at Full Truck Alliance.
Full Truck Alliance has raised $1.9B in total across 2 funding rounds.
Full Truck Alliance operates a digital freight platform in China, connecting shippers and truckers to streamline road transportation. The company unifies services under brands like Yunmanman and Huochebang, delivering a standardized, intelligent solution for freight matching and transactions. This technological approach enhances efficiency across the national logistics ecosystem.
The company formed through the 2017 merger of Yunmanman, established in 2013, and Huochebang, founded in 2014. Co-founders Hui Zhang and Tianbo Hua initiated these ventures, recognizing fragmentation and inefficiencies within China’s trucking industry. Their combined efforts established Full Truck Alliance, incorporated in November 2017.
Full Truck Alliance serves diverse enterprises and individual truck drivers seeking optimized freight solutions. The company's mission empowers participants with superior logistics competitiveness through smarter, simpler, and more sustainable transportation. It envisions developing advanced logistics infrastructure for the future, positioning itself as a leading global technology platform.
Full Truck Alliance has raised $1.9B in total across 2 funding rounds.
Full Truck Alliance's investors include Fidelity Management & Research Company, Hongshan Capital Group (Sequoia Capital China), Permira, SoftBank, GGV Capital, Hillhouse Capital, Lightspeed China Partners, Tencent, Yunfeng Capital, Wenjie Wu, All-Stars Investment.
Key people at Full Truck Alliance.
Full Truck Alliance has raised $1.9B across 2 funding rounds. Most recently, it raised $1.7B Huochebang - Other Equity in November 2020.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Nov 23, 2020 | $1.7B Venture Round | Fidelity Management & Research Company, Hongshan Capital Group (Sequoia Capital China), Permira, Softbank | GGV Capital, Hillhouse Capital, Lightspeed China Partners, Tencent Holdings, Yunfeng Capital | Announced |
| May 3, 2017 | $156M Series B | Wenjie WU | ALL Stars Investment | Announced |
