Full Truck Alliance

IPO

Empower enterprises with greater logistics competitiveness

Public · Guiyang, China · Founded 2017 · $3.6B raised

Headquarters
Guiyang
Employees
5001–10000
Founded
2017
Business Model
Marketplace
Total Funding
$3.6B
Last Round
$1.7B Series DNov 2020
Rounds
2
Type
Public

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

About

Full Truck Alliance (FTA) operates China's leading digital freight platform, connecting millions of shippers with truckers to facilitate shipments across distance ranges, cargo weights, and types. The platform provides freight listing, brokerage, and transaction services alongside value-added logistics solutions. In Q4 2025, FTA averaged 3.28 million monthly active shippers and served 4.59 million truckers, facilitating 63.9 million fulfilled orders.

Summary

Full Truck Alliance is a Logistics company based in Guiyang, China, founded in 2017. It has raised $3.6B in total across 2 rounds, most recently a $1.7B Series D round in Nov 2020. Investors include SoftBank, Permira and CapitalG.

Tech & App Stack

16 technologies & apps tracked

Every product and vendor across these categories, with where each signal came from.

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Funding & Exit History

IPOJun 2021
$1.6B

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Funding: Series D. Amounts, valuations, and investors where available.

Investors

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