Souche
175-Wuchang Ave, Hangzhou, Zhejiang, China
How Souche hit $94M revenue and 110K customers in 2020.
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.
2012
Founded
$94M
2020 Revenue
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YOY
$1.2B
Funding
Souche Revenue
In 2020, Souche revenue run rate hit $94M in revenue.
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2020
Souche hit $94M in revenue in 2020
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2012
Souche launched in 2012 with $0 revenue
Souche Funding History
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2018 Series F
Souche raised a Series F of in May, 2018
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2017 Series E
Souche raised a Series E of in November, 2017
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2017 Series D
Souche raised a Series D of in May, 2017
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2016 Series C
Souche raised a Series C of in November, 2016
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2013 Series B
Souche raised a Series B of in September, 2013
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2013 Series A
Souche raised a Series A of in January, 2013
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2012 Series A
Souche raised a Series A of in December, 2012
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| May, 10 2018 | Series F | ||
| November, 01 2017 | Series E | ||
| May, 11 2017 | Series D | ||
| November, 16 2016 | Series C | ||
| September, 01 2013 | Series B | ||
| January, 01 2013 | Series A | ||
| December, 07 2012 | Series A |
Team
Souche has 1,000 total employees. They have 110,000 customers
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 1K |
Founder / CEO
Junhong Yao
Q&A
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What's your age?
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Favorite online tool?
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Favorite book?
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Favorite CEO?
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Advice for 20 year old self
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Customers
Churn
Souche Executives
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Junhong Yao | CEO | - | - |
Souche Employees
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Junhong Yao | CEO | - | - |
Frequently Asked Questions about Souche
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When was Souche founded?
Souche was founded in 2012.
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How much revenue does Souche generate?
Souche generates $94M in revenue.
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Who is the CEO of Souche
The CEO of Souche is Junhong Yao.
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How much funding does Souche have?
Souche raised $1.2B.
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How many employees does Souche have?
Souche has 1K employees.
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Where is Souche headquarters?
Souche is headquartered at 175-Wuchang Ave, Hangzhou, Zhejiang, China
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