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Souche revenue is $94 million

Souche is worth $2.4 billion valuation

Souche team size is 1000 employees


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Souche

175-Wuchang Ave Hangzhou, Zhejiang, China

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How Souche hit $94M Revenue with 110K customers in 2022.

Souche, a leading automotive new retail platform in China, is founded by Mr. Yao Junhong, the former CAR Inc. founding team member and vice president, in December, 2012. By August 2018, Souche raised over $1.2 billion from investment or ganizations, including Alibaba group, Ant Financial Services Group, Morningside Venture Capital, Warburg Pincus, Primavera Capital Group, etc. Souche joined '2017 New Global Unicorns Ranking' by Silicon Valley global research organization PitchBook. Souche thrives to become the big intelligent brain of automotive industry. Souche has gradually constructed integrated automotive new retail ecosystem through years of development. Souche is regarded as 'the Alibaba of Chinese automotive industry'. Today, Souche and its relative corporations dedicate in numerous businesses, which include automotive financial leasing platform Tangeche, B2B industrial chain service platform Chehang168, Used-car online trade platform Cheyipai, Car sharing customized platform TIHD, SaaS products for used-car automotive dealers Dafengche and new-car sub-channels automotive dealership network Maicheguanjia, automotive dealership group ERP system provider Breakthrough, Kingdee and automotive supply chain warehouse logistics integrated service provider Iyunche, etc.

Founded

2012

Founded

Revenue

$94M

2022 Revenue

YOY
-----

YOY

Funding

$1.2B

Funding


Souche Revenue

In 2022, Souche revenue run rate hit $94M in revenue.

  • 2020

    Souche hit $94M in revenue in 2020

  • 2012

    Souche launched in 2012 with $0 revenue

$94M

Souche Funding History

Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?

  • 2018 Series F

    Souche raised a Series F of $578M at a $2.4B valuation in May 2018

  • 2017 Series E

    Souche raised a Series E of $335M

  • 2017 Series D

    Souche raised a Series D of $180M

  • 2016 Series C

    Souche raised a Series C of $100M

  • 2013 Series B

    Souche raised a Series B of $14.9M

  • 2013 Series A

    Souche raised a Series A of $5.5M

FUNDING DATEROUNDAMOUNTVALUATION
05/10/2018 Series F $578M $2.4B
11/01/2017 Series E $335M
05/11/2017 Series D $180M
11/16/2016 Series C $100M
09/01/2013 Series B $14.9M
01/01/2013 Series A $5.5M

Team

Souche has 1000 total employees They have 110000 customers

2020
DISTRIBUTIONQTY
Total team size
1000
Engineer
0(0%)
Sales
0(0%)
Marketing
0(0%)

CEO/Founder

Junhong Yao

Q&A

What`s your age?

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Favorite CEO?

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Advice for 20 year old self

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Customers

Souche has 110K customers.

Lifetime Months

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x

Monthly ARPU

-

=

Lifetime Dollar

-

Acquisition Cost

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Average Annual Price

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$0$0024681012
$0$0024681012

Churn

Souche has an annual churn rate of 0.00%.

-100-500%50100

Gross Annual Dollar Churn

-0.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

0.00%


About Souche

Monthly Revenue

$7.8M

-

Total Expenses

$0.0

=

Net Income

$0.0

EBIDTA Margin

0.0%

+

YOY Growth

0.0%

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Rule of 40

0


Souche Board of Directors

NamePosition

Souche Executives

NamePosition
Junhong Yao CEO

Souche Employees

NamePosition
Junhong Yao CEO

Frequently Asked Questions about Souche

When was Souche founded?

Souche was founded in 2012.

How much revenue does Souche generate?

Souche generates $94M in revenue.

Who is the CEO of Souche?

The CEO of Souche is Junhong Yao.

How much funding does Souche have?

Souche was raised $1.2B.

How many employees does Souche have?

Souche has raised 1000 employees.

Where is Souche headquarters?

Souche headquater is at China