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Ofo

Ofo
2014 FOUNDED
PRIVATE STATUS
1K-5K EMPLOYEES
M&A LATEST DEAL TYPE (Upcoming)
$2B LATEST DEAL AMOUNT
21 INVESTORS
Description

Developer of a bike-sharing platform designed to offer an efficient ride in the fast-paced city. The company's platform allows users to scan a code from their smartphones to unlock parked bikes, enter their destination and pay via the messaging app, enabling users to meet the needs of short distance travel in a convenient way.

Website
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Application Software
Other Industries
Network Management Software
Other Transportation
Primary Office
  • 58 North 4th Ring West Road, Lixiang International Mansion F11
  • Haidian District
  • Beijing
  • China
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Ofo Valuation and Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
8. Merger/Acquisition $2B 000 Upcoming Generating Revenue
7. Later Stage VC 13-Mar-2018 00000 00.000 Completed Generating Revenue
6. Later Stage VC (Series E) 07-Aug-2017 00000 00.000 000 Completed Generating Revenue
5. Later Stage VC (Series D) 24-Apr-2017 00000 00000 000 Completed Generating Revenue
4. Later Stage VC (Series C) 10-Oct-2016 00000 00000 Completed Startup
3. Early Stage VC (Series B) 02-Sep-2016 00000 00000 00000 Completed Startup
2. Early Stage VC (Series A) 01-Jan-2016 $239M $240M Completed Startup
1. Seed Round 01-Jan-2015 $1.47M $1.47M Completed Startup
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Ofo Competitors (8)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Mobike Corporate Backed or Acquired Beijing, China 00000 000000&0 00000
0000 00000 Formerly VC-backed New York, NY 000 000.00 000000&0 000.00
000000000 Venture Capital-Backed Shanghai, China 00.000 00 000000
0000000 Venture Capital-Backed Cambridge, MA 00 000.00 0000000000 0 000.00
0000 Venture Capital-Backed Santa Monica, CA 000 00000 00000000000 00000
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Ofo Investors (21)

Investor Name Investor Type Holding Investor Since Participating Rounds Board
Seat
Contact
Info
Alibaba Group Corporation Minority 000 0000 000000 0
Haofeng Group Venture Capital Minority 000 0000 000000 0
Junli Capital Venture Capital Minority 000 0000 000000 0
Tianhe Capital Venture Capital Minority 000 0000 000000 0
Alibaba Capital Partners Corporate Venture Capital Minority 000 0000 000000 0
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Ofo Executive Team (10)

Name Title Board
Seat
Contact
Info
Fu Qiang Deputy Chief Executive Officer and Executive President
David Wei Co-Founder & Chief Executive Officer
Leslie Liu Chief Financial Officer
Zhang Yanqi Co-Founder & Chief Operating Officer
Austin Zhang Co-Founder & Chief Technology Officer

3 Former Executives

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