When was Launch Tech founded?

Launch Tech was founded in 1992 and raised its 1st funding round 15 years after it was founded.

Where is Launch Tech located?

Launch Tech is headquartered in Shenzhen, China.

How many employees does Launch Tech have?

As of May 31, 2026, the latest employee count at Launch Tech is 278.

Is Launch Tech a funded company?

Launch Tech is a funded company, having raised a total of $***** in its 1st and only funding round, a Series B round on Nov 2007.

When was the latest funding round of Launch Tech?

Launch Tech's latest funding was a $***** Series B round on Nov 2007, with participation from 1 investor. Its primary sector is Auto Components. In China, the Auto Components sector has seen $126M in funding in 2026 to date.

Where does Launch Tech rank among its competitors?

Launch Tech ranks 2nd amongst 73 active competitors, none of which are funded.

Who are the top competitors of Launch Tech?

Launch Tech's top competitors include Diesel Laptops, Opus IVS and Autophix. Among them, Launch Tech secured the most recent funding round in November, 2007.

Launch Tech - 2026 Company Profile, Funding & Competitors

Company Details

Launch Tech principally engages in the production & sales of tools & equipment for automotive aftermarket industry. The company supplies a range of automotive diagnostics & maintenance tools, vehicle networking devices, workshop lifts & equipment, inspection software, as well as smart wearables.

Website: cnlaunch.com
Social
Email ID: *****@cnlaunch.com
Phone Number: +86 **********

Key Metrics

Founded Year

1992

Location

Shenzhen, China

Stage

Public

Latest Funding Round

Series B, Nov 2007, $*****

Investors

Strategic Year & 1 more

Ranked

2^nd among 73 active competitors

Employee Count

278 as on May 31, 2026

Similar Companies

Diesel Laptops & 70 more

Exit Details

Public

View Launch Tech's full profile

Launch Tech got listed on Oct 11, 2018.

Click here to take a look at Launch Tech's IPO in detail

Launch Tech has raised funding over 1 round. Its latest funding round was a Series B round on Nov 2007 for $*****. 1 investor participated in its latest round. Launch Tech has 2 institutional investors.

Here is the list of recent funding rounds of Launch Tech:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 2007	5227005	Series B	8966251	7422995	9879047	7187178

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View details of Launch Tech's funding rounds and investors

Launch Tech's employee count trend

Launch Tech has 278 employees as of May 26. Here is Launch Tech's employee count trend over the years:

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Top competitors of Launch Tech include Diesel Laptops, Opus IVS and Autophix. Here is the list of Top 10 competitors of Launch Tech, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Diesel Laptops 2010, Lexington (United States), Acquired	Diesel diagnostic tools, software, and training for commercial trucks and equipment	-	-	64/100
2nd	Launch Tech 1992, Shenzhen (China), Public	Manufacturer & supplier of automotive diagnostic tool & workshop equipment	-	Strategic Year, Templeton Private Equity Partners	47/100
3rd	Opus IVS 2018, Dexter (United States), Unfunded	Provider of automotive diagnostic tools and repair support	-	-	39/100
4th	Autophix 2010, Shenzhen (China), Funding Raised	Manufacturer of automotive diagnostic tools and jump starters	-	-	39/100
5th	Supertracker 1987, Worksop (United Kingdom), Unfunded	Manufacturer of wheel alignment equipments	-	-	36/100
6th	Foxwell 2014, Shenzhen (China), Unfunded	Supplier of automotive diagnostic products and solutions	-	-	35/100
7th	Autologic Motors India 2014, Hyderabad (India), Unfunded	Provider of automotive diagnostic equipment and expert guidance	-	-	31/100
8th	M2K 1986, Santa Ana (United States), Unfunded	Provider of OEM & aftermarket diagnostic and programming systems	-	-	28/100
9th	Maarg 2011, Mumbai (India), Unfunded	Provider of remote visual inspection solutions for various industries	-	-	27/100
10th	DSA 1980, Aachen (Germany), Unfunded	Developer of diagnostic systems and communication solutions for vehicle electronics	-	-	27/100