Souche

Dedicated Enabler to China's Auto Merchants

Beijing, China · Founded 2012 · $1.2B raised

Headquarters
Beijing
Employees
1001–5000
Founded
2012
Business Model
B2B
Total Funding
$1.2B
Last Round
$578.0M Series FSep 2018
Rounds
6

About

Souche (大搜车, DaSouChe) is China's leading dedicated enabler for auto merchants, founded in December 2012 in Hangzhou. The company provides industry-leading SaaS operating systems for used and new car dealers, holding approximately 90% market share in China's used car dealer management software. Backed by Ant Group, Warburg Pincus, and Primavera with over $1.2 billion raised, Souche also offers B2B auction platforms, vehicle delivery, and consumer financing services.

Summary

Souche is a Marketplace company based in Beijing, China, founded in 2012. It has raised $1.2B in total across 6 rounds, most recently a $578.0M Series F round in Sep 2018. Investors include Morningside Group, Primavera Capital and Alibaba Group.

Tech & App Stack

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Funding History

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Series FSeries FSep 2018
$578.0M

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Series A through Series F — per-round amounts, valuations, and who invested in each round.

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