When was Souche founded?

Souche was founded in 2012 and became a unicorn in 2017, reaching the milestone in 5 years. It raised its 1st funding round 1 year after its incorporation.

Where is Souche located?

Souche is headquartered in Hangzhou, China.

Who is the current CEO of Souche?

Yao Junhong of Souche. They have also founded 1 company.

How many employees does Souche have?

As of Sep 30, 2026, the latest employee count at Souche is 36.

Is Souche a funded company?

Souche is a funded company, having raised a total of $1.21B across 6 funding rounds to date. The company's 1st funding round was a $5.5M Series A round, raised on May 2013.

How much is Souche worth?

The latest valuation of Souche is $1B as of Nov 16, 2016.

When was the latest funding round of Souche?

Souche's latest funding was a $578M Series F round on Sep 03, 2018, with participation from 10 investors.

Is Souche a Auto Retail & Aftersales company?

The primary sector of Souche is Auto Retail & Aftersales.

Where does Souche rank among its competitors?

Souche ranks 6th amongst 44 active competitors, of which 14 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Carro, which secured $60M in Sep, 2025.

Who are the top competitors of Souche?

Souche's top competitors include Carro, Uxin and Autohome. Among them, Carro secured the most recent funding round in September, 2025.

Souche - 2026 Company Profile, Team, Funding & Competitors

Sectors and market segments that Souche operate in

Souche serves in the Auto market segments.The primary business model of Souche is:

Auto > Auto Retail & Aftersales > ***** **** > ***** ******

Company Details

Souche is an O2O-based used car transaction platform. Based on the buyer's specification of the price range, model, etc, suitable cars are listed with their detailed information. Once the buyer picks the car, Souche provides a professional examination and the buyer can observe the car in its consignment facility. It helps the buyer and seller bargain online to make a deal and also provides after-sale services.

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

Key Metrics

Founded Year

2012

Location

Hangzhou, China

Stage

Series F

Total Funding

$1.21B in 6 rounds

Latest Funding Round

Series F, Sep 03, 2018, $578M

Post Money Valuation

$1B as on Nov 16, 2016

Investors

5Y Capital & 21 more

Ranked

6^th among 44 active competitors

Employee Count

36 as on Sep 30, 2026

Investment & Acquisitions

Cheshang Yue & 1 more

Similar Companies

Carro & 410 more

View Souche's full profile

Souche has raised a total funding of $1.21B over 6 rounds. Its first funding round was on May 2013. Its latest funding round was a Series F round on Sep 03, 2018 for $578M. 10 investors participated in its latest round. Souche has 22 institutional investors.

Here is the list of recent funding rounds of Souche:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 03, 2018	$578M	Series F	-	-	Primavera, 5Y Capital	Alibaba Group, Beijing Yuxiang Capital Management, ClearVue Partners, Lingfeng Capital, Paladin Asset Management, Sunshine Insurance Group, Russia-China Investment Fund, CreditEase
Nov 01, 2017	$335M	Series E	-	-	Alibaba Group	Warburg Pincus, CMB International Capital, Primavera
Apr 06, 2017	$180M	Series D	-	-	Warburg Pincus	ClearVue Partners, 5Y Capital, Cygnus Equity, Haitong Bank, CreditEase, VMS Securities, Haitong International Securities Group

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View details of Souche's funding rounds and investors

The founders of Souche is Yao Junhong. Yao Junhong is the CEO of Souche.

Here are the details of Souche's key team members:

Yao Junhong: Founder and CEO of Souche and founder of 1 other company.
Contact Info: 1 email address

View details of Souche's Founder profiles and Board Members

Souche's employee count trend

Souche has 36 employees as of Sep 26. Here is Souche's employee count trend over the years:

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Top competitors of Souche include Carro, Uxin and Autohome. Here is the list of Top 10 competitors of Souche, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Carro 2015, Singapore (Singapore), Series C	Online platform for buying, selling, and managing used cars, providing a full-stack service for car ownership	$686M	Hanwha, Temasek & 41 others	74/100
2nd	Uxin 2011, Shenzhen (China), Public	Online B2C used car auction platform	$500M	Jeneration Capital, InnoVision Capital & 20 others	65/100
3rd	Autohome 2005, Haidian (China), Public	Online retailer of automotive pricing, specifications, reviews, and community forums	-	Ping An, Orchid Asia Group & 5 others	64/100
4th	Automobile industry Internet platform Daxu 2012, Hangzhou (China), Public	SaaS-driven dealership management solutions for automotive dealerships	$578M	Primavera, Morningside Capital & 11 others	61/100
5th	Guazi 2014, Beijing (China), Series E	Online P2P marketplace for used cars	$4.82B	HongShan, SoftBank Vision Fund & 29 others	55/100
6th	Souche 2012, Hangzhou (China), Series F	O2O-based used car transaction platform	$1.21B	CreditEase, VMS Asset Management & 20 others	52/100
7th	TuanChe 2009, Beijing (China), Public	Online portal to buy second hand automobiles	-	K2VC, Bertelsmann Asia Investments & 4 others	51/100
8th	RenRenChe 2014, Beijing (China), Series F	Used car online transaction platform	$760M	Goldman Sachs, DiDi & 8 others	47/100
9th	Mychebao 2012, Nanjing (China), Series C	Online dealer of used cars	$160M	PAG, Gobi Partners & 5 others	45/100
10th	Haoche51 2014, Beijing (China), Series B	Online peer-to-peer marketplace for used cars	$70M	Source Code Capital, Matrix Partners China ... & 3 others	43/100