Casstime operates a Google-style search engine plus procurement marketplace that lets users find a unique part number by entering a VIN and part name, then uses a smart matching algorithm to assign multiple compatible suppliers. Workshops can select preferred suppliers much like on e-commerce sites, and the company also provides a professional technician team offering remote technical support for different makes and models. The platform has grown to operate in over 300 Chinese cities, features more than 1,200 specially selected suppliers, and serves over 60,000 workshops. Led by CEO Overmars Jiang, Casstime plans to invest the new capital in technical research and development, service enhancements, and nationwide market expansion. Financially, the company has completed multiple funding rounds and reports total funding of nearly USD 200M.

Total raised

$80M

Funding rounds

1

Latest round

Series C

Latest activity

Nov 2019