Caocao Zhuanche
IPORedefine Green Shared Mobility Through Technology
Public · Hangzhou, China · Founded 2015 · $745.0M raised
- Headquarters
- Hangzhou
- Employees
- 1001–5000
- Founded
- 2015
- Business Model
- Marketplace
- Website
- caocao.com
- Total Funding
- $745.0M
- Last Round
- $589.0M Series BSep 2021
- Rounds
- 2
- Type
- Public
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
Caocao (曹操出行, formerly Caocao Zhuanche) is China's second-largest ride-hailing platform, founded in 2015 by automobile giant Geely. The company operates a fleet of purpose-built electric vehicles and is expanding into robotaxi autonomous driving, targeting 100,000 autonomous vehicles by 2030. Caocao filed for a Hong Kong IPO in 2025 at a $2.9 billion valuation.
Summary
Caocao Zhuanche is a Transportation company based in Hangzhou, China, founded in 2015. It has raised $745.0M in total across 2 rounds, most recently a $589.0M Series B round in Sep 2021. Investors include Zhejiang Geely Holding Group, Suzhou Xiangcheng Financial Holding Group and Suzhou High-Speed Railway New City State-Owned Assets.
Funding History
Jun 2025
Sign up to see all 3 events
Funding: Series A through Series B. Amounts, valuations, and investors where available.
Investors
Similar Companies
Aurora develops the Aurora Driver, an autonomous trucking system combining hardware, software, an...
Teledriving startup that enables remote drivers to deliver electric cars to customers and park th...
Didi Chuxing is a mobile transportation platform, offering a full range of commuting options to 4...
Grab is Southeast Asia's leading super-app, providing ride-hailing, food and grocery delivery, di...
Indonesia's leading on-demand super-app offering ride-hailing, food delivery, logistics, payments...
Self-driving cars.
Your company? Embed this profile
Add the live badge to your site — it stays current as your funding data updates.
<a href="https://indexed.vc/companies/caocao-zhuanche"><img src="https://indexed.vc/api/badge/company/caocao-zhuanche" alt="Caocao Zhuanche on Indexed.vc" width="260" height="76" /></a>