Caocao Zhuanche
IPOCaocao Zhuanche is a transportation company in Hangzhou, China, founded in 2015. It has raised $745.0M across 2 rounds, most recently a $589.0M Series B in September 2021.
Redefine Green Shared Mobility Through Technology
- 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.
Indexed holds 2 funding rounds and 4 investors for this company. The full record is or through the API.
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
It lists 1001–5000 employees. 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 & Exit History
Jun 2025
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Funding: Series A through Series B. Amounts, valuations, and investors where available.
Investors
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