Ofo Overview
- Year Founded
-
2014

- Status
-
Out of Business
- Employees
-
2,000

- Latest Deal Type
-
Out of Business
Ofo General Information
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.
Contact Information
Website
www.ofo.comCorporate Office
- 11th Floor, Ideal International Building
- 58 North Fourth Ring West Road, Haidian District
- Beijing
- China
Corporate Office
- 11th Floor, Ideal International Building
- 58 North Fourth Ring West Road, Haidian District
- Beijing
- China
Ofo Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
11. Out of Business | Completed | Out of Business | ||||
10. Merger/Acquisition | 31-Jul-2018 | Cancelled | Generating Revenue | |||
9. Later Stage VC | 13-Mar-2018 | Completed | Generating Revenue | |||
8. Later Stage VC (Series E) | 07-Aug-2017 | Completed | Generating Revenue | |||
7. Later Stage VC (Series D) | 24-Apr-2017 | Completed | Generating Revenue | |||
6. Later Stage VC (Series C) | 10-Oct-2016 | Completed | Generating Revenue | |||
5. Early Stage VC (Series B) | 02-Sep-2016 | Completed | Generating Revenue | |||
4. Early Stage VC (Series A1) | 01-Apr-2016 | Completed | Startup | |||
3. Early Stage VC (Series A) | 01-Feb-2016 | $1.4M | Completed | Startup | ||
2. Early Stage VC | 31-Dec-2015 | $1.4M | $1.4M | Completed | Startup |
Ofo Comparisons
Industry
Financing
Details
Ofo Competitors (9)
One of Ofo’s 9 competitors is Lime, a Venture Capital-Backed company based in San Francisco, CA.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Lime | Venture Capital-Backed | San Francisco, CA | ||||
Neuron Mobility | Venture Capital-Backed | Singapore, Singapore | ||||
Mobike | Formerly VC-backed | Beijing, China | ||||
Bcycle | Corporate Backed or Acquired | Waterloo, WI | ||||
Hello Inc. | Venture Capital-Backed | Shanghai, China |
Ofo Signals
Ofo Investments (1)
Ofo’s most recent deal was a Joint Venture with Smart Move (Automotive). The deal was made on 13-Feb-2018.
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
Smart Move (Automotive) | 13-Feb-2018 | Joint Venture | Automotive |
Ofo FAQs
-
When was Ofo founded?
Ofo was founded in 2014.
-
Where is Ofo headquartered?
Ofo is headquartered in Beijing, China.
-
What is the size of Ofo?
Ofo has 2,000 total employees.
-
What industry is Ofo in?
Ofo’s primary industry is Automotive.
-
Is Ofo a private or public company?
Ofo is a Private company.
-
What is Ofo’s current revenue?
The current revenue for Ofo is
. -
How much funding has Ofo raised over time?
Ofo has raised $2.25B.
-
Who are Ofo’s competitors?
Lime, Neuron Mobility, Mobike, Bcycle, and Hello Inc. are some of the 9 competitors of Ofo.
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