How much funding has Caocao Zhuanche raised?

Caocao Zhuanche has raised $745.0M in total funding, most recently a Series B round.

Who are Caocao Zhuanche's investors?

Caocao Zhuanche's investors include Zhejiang Geely Holding Group, Suzhou Xiangcheng Financial Holding Group, Suzhou High-Speed Railway New City State-Owned Assets, Oceanpine Capital.

When was Caocao Zhuanche founded?

Caocao Zhuanche was founded in 2015.

Where is Caocao Zhuanche headquartered?

Caocao Zhuanche is headquartered in Hangzhou, China.

What industry is Caocao Zhuanche in?

Caocao Zhuanche operates in Transportation, Autonomous Vehicles, Mobility.

How many employees does Caocao Zhuanche have?

Caocao Zhuanche has 1001-5000 employees.

Caocao Zhuanche

IPO

Redefine Green Shared Mobility Through Technology

Hangzhou, China · Founded 2015 · $745.0M raised

Transportation

Autonomous Vehicles

Mobility

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

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.