Ofo Overview

  • Year Founded
  • 2014

Year Founded

  • Status
  • Out of Business

  • Employees
  • 2,000

Employees

  • 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.com
Ownership Status
Out of Business
Financing Status
Formerly VC-backed
Corporate Office
  • 11th Floor, Ideal International Building
  • 58 North Fourth Ring West Road, Haidian District
  • Beijing
  • China
Primary Industry
Automotive
Other Industries
Application Software
Corporate Office
  • 11th Floor, Ideal International Building
  • 58 North Fourth Ring West Road, Haidian District
  • Beijing
  • China

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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
To view Ofo’s complete valuation and funding history, request access »

Ofo Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a bike-sharing platform designed to offer an efficient ride in the fast-paced city. The company's platform
Automotive
Beijing, China
2,000 As of 2018

San Francisco, CA
 

Singapore, Singapore
 
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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
You’re viewing 5 of 9 competitors. Get the full list »

Ofo Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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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
To view Ofo’s complete investments history, request access »

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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