TOGO
Company

Last deal

$41.8M

Amount

Series B

Stage

08.10.2018

Date

9

all rounds

$105.5M

Total amount

General

About Company
Togo is a Chinese car-sharing company that offers one-way point-to-point rentals of Smart Fortwo and Citreon C3-XR vehicles.

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Also Known As

Tuge, 北京途歌科技有限公司, 途歌

founded date

01.07.2015

Number of employees

Company Type

For Profit

Last funding type

Series B

IPO status

Private

Description

Togo is a Chinese company providing car-sharing services. The company currently offers Smart Fortwo and Citreon C3-XR vehicles and features one-way point-to-point rentals. Users are charged by the minute and the driving distance. The rates are all-inclusive and cover rental, gas, insurance, parking (in authorized areas), and maintenance. The service forgoes the typical centralized rental office, and cars are user-accessed wherever parked via a downloadable smartphone app. As of December 2016, Togo is one of the largest car-sharing company in Beijing with over 300,000 members and over 1,000 vehicles.
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