ofo (Platforms) — Funding, Investors & Signals 2026

ofo

Founded 2014 China

Beijing, China 418 employees Series F Total: $2.18B Platforms, Sports +1

ofo is a station-free bike-sharing startup that was founded in 2014. The company aims to address the "last mile" problem in urban transportation by offering a convenient and accessible bike-sharing platform. With a presence in over 170 cities in seven countries, ofo has connected more than 8 million bikes and facilitates more than 25 million daily transactions. Users can easily access the platform through the ofo mobile app and unlock bikes using a QR code or plate number, without the need for docking stations. The flexibility provided by ofo's system allows users to find and return bikes anywhere, anytime, ultimately promoting sustainable and healthy living. Notably, ofo has also partnered with the UN Development Programme and Rihanna's Clara Lionel Foundation to support global sustainability goals and provide bikes and scholarships for schoolgirls in Malawi. In March 2018, the company secured an impressive $866.00M Series F investment from notable investors including Ant Group, Tianhe Capital, Junli Capital, Haofeng Group, and Alibaba Group. With a focus on promoting sustainable urban transportation and making bikes accessible to everyone, ofo demonstrates potential for further growth and impact in the transportation industry.

Funding Stage	Amount	Investors	Lead Investors	Date
Series F	$866.00M	5	Ant Group, Tianhe Capital +3	13 Mar 2018
Series E	$700.00M	5	DST Global, Hony Capital +3	05 Jul 2017
Venture Round	Undisclosed	1	Ant Group	24 Apr 2017
Series D	$450.00M	8	Atomico, Coatue +6	01 Mar 2017
Series C	$130.00M	9	Coatue, GSR Ventures +7	10 Oct 2016
Series B	Undisclosed	3	GSR Ventures, Matrix Partners China +1	26 Sep 2016
Series A	CNY10.00M	2	ZhenFund, Gang Wang	01 Apr 2016
Series A	CNY15.00M	2	GSR Ventures, Hongdao Capital	01 Feb 2016
Seed Round	CNY9.00M	2	Will Hunting Capital, Hongdao Capital	01 Dec 2015

Funding Stage

Amount

Investors

Lead Investors

Date

Series F

$866.00M

Ant Group, Tianhe Capital +3

13 Mar 2018

Series E

$700.00M

DST Global, Hony Capital +3

05 Jul 2017

Venture Round

Undisclosed

Ant Group

24 Apr 2017

Series D

$450.00M

Atomico, Coatue +6

01 Mar 2017

Series C

$130.00M

Coatue, GSR Ventures +7

10 Oct 2016

Series B

Undisclosed

GSR Ventures, Matrix Partners China +1

26 Sep 2016

Series A

CNY10.00M

ZhenFund, Gang Wang

01 Apr 2016

Series A

CNY15.00M

GSR Ventures, Hongdao Capital

01 Feb 2016

Seed Round

CNY9.00M

Will Hunting Capital, Hongdao Capital

01 Dec 2015

FAQ About ofo

Founded in 2014, ofo is the world’s leading “station-free” bike-sharing platform operated via an online mobile application. Our mission is to solve the "last mile" problem of urban transportation, helping commuters and travelers get to exactly where they need to go by making bikes accessible to eve...

ofo was founded in 2014.

ofo is headquartered in Beijing, China.

ofo operates in Platforms, Sports and Transportation. Its work centres on Bike-sharing platform, Last mile transportation, Global Sustainability Goals and Green transportation.

ofo has approximately 418 employees.

ofo has completed 9 funding rounds, raising a total of $2.18B. The latest funding stage is Series F.

Top alternatives and competitors to ofo include gobee.bike, Circuit, Bluegogo, Wicked Ride. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.

ofo and gobee.bike are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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