Matrix

Matrix Partners is a venture capital firm founded in 1977 and based in San Francisco, California. The firm specializes in early-stage investments, supporting companies from the ideation phase through Series A funding. Matrix Partners focuses on various sectors, including applied artificial intelligence, B2B SaaS, digital health, fintech, and sustainable hardware. The firm prides itself on building long-term relationships with entrepreneurs, leveraging a team of former founders and experienced investors to foster significant, industry-leading companies. With a strong portfolio that includes notable investments like Oculus, Zendesk, and Afterpay, Matrix Partners has contributed to the success of numerous businesses, helping many achieve initial public offerings and profitable mergers and acquisitions. The firm combines local market knowledge with a global perspective, consistently ranking among the top venture firms in terms of returns to its investors.

Ben Altshuler

Partner

Timothy Barrows

General Partner

Diana Kimball Berlin

Partner

Phyllis Doherty

Administrative Partner

Paul Ferri

Co-Founder

Wan Haoji

Partner

Patrick Malatack

General Partner

Harry Man

Partner

Kojo Osei

Partner

Kun Qian

Managing Director

Stan Reiss

General Partner

Brian Ru

Venture Partner

Bo Shao

Founding Managing Partner

David Skok

General Partner

Jared Sleeper

Partner

Dana Stalder

General Partner

David Su

Founding Managing Partner

Ilya Sukhar

General Partner

Sun Linghao

Managing Partner

Tong Ti

Vice President

Andrew Verhalen

General Partner

Huadong Wang

Partner

Kevin Xiong

Partner

Eric YU

Director

Past deals in Car Rental

DST Car

Series C in 2021
Dishangtie is a Shenzhen-based new energy vehicle rental service platform targeting the transportation and logistics industry.

Klook

Series E in 2021
Klook is a prominent travel and leisure e-commerce platform that facilitates the discovery and booking of a wide variety of experiences and services for travelers. Users can explore and reserve activities such as tours, theme park tickets, cultural experiences, and adventure outings in numerous destinations. The platform also offers essential travel services, including public transport passes, airport transfers, car rentals, and SIM cards or eSIMs, ensuring seamless connectivity for users. Additionally, Klook allows travelers to book accommodations, making it a comprehensive solution for trip planning. Food enthusiasts can enhance their culinary experiences through dining reservations, food tours, and restaurant vouchers available on the platform.

Klook

Series D in 2019
Klook is a prominent travel and leisure e-commerce platform that facilitates the discovery and booking of a wide variety of experiences and services for travelers. Users can explore and reserve activities such as tours, theme park tickets, cultural experiences, and adventure outings in numerous destinations. The platform also offers essential travel services, including public transport passes, airport transfers, car rentals, and SIM cards or eSIMs, ensuring seamless connectivity for users. Additionally, Klook allows travelers to book accommodations, making it a comprehensive solution for trip planning. Food enthusiasts can enhance their culinary experiences through dining reservations, food tours, and restaurant vouchers available on the platform.

DST Car

Series B in 2018
Dishangtie is a Shenzhen-based new energy vehicle rental service platform targeting the transportation and logistics industry.

DST Car

Series B in 2018
Dishangtie is a Shenzhen-based new energy vehicle rental service platform targeting the transportation and logistics industry.

Klook

Series D in 2018
Klook is a prominent travel and leisure e-commerce platform that facilitates the discovery and booking of a wide variety of experiences and services for travelers. Users can explore and reserve activities such as tours, theme park tickets, cultural experiences, and adventure outings in numerous destinations. The platform also offers essential travel services, including public transport passes, airport transfers, car rentals, and SIM cards or eSIMs, ensuring seamless connectivity for users. Additionally, Klook allows travelers to book accommodations, making it a comprehensive solution for trip planning. Food enthusiasts can enhance their culinary experiences through dining reservations, food tours, and restaurant vouchers available on the platform.

DST Car

Series A in 2018
Dishangtie is a Shenzhen-based new energy vehicle rental service platform targeting the transportation and logistics industry.

Jizhicar.com

Series C in 2018
Jizhicar combines automobiles, the Internet, and finance, and researches and develops through technological innovation. It focuses on auto financial services. They offer online trading, offline service center, vehicle quality inspection and certification for second-hand cars, and more.

Didi

Private Equity Round in 2018
Didi Chuxing is a mobile transportation platform that offers app-based transportation services. The company offers a mobile tech-based mobility option for users across, including taxi-hailing, private car-hailing, Hitch (social ride-sharing), DiDi Chauffeur, DiDi Bus, DiDi Test Drive, DiDi Car Rental, and DiDi Enterprise Solutions. As a practitioner in the sharing economy initiative, DiDi is committed to working with communities and partners to solve transportation, environmental challenges, and employment problems using big data-driven deep-learning algorithms that optimize resource allocation.

Chehaoduo

Series B in 2017
Chehaoduo designs an online car trading platform that sells used cars. Its online car trading platform directly links individual car sellers and buyers, which help buyers remove the middlemen as well as purchase used cars easily. Haoyong Yang founded Chehaoduo in 2014, with its headquarters in Beijing in China, with branches in Chinese cities such as Hangzhou and Chongqing.

Klook

Series C in 2017
Klook is a prominent travel and leisure e-commerce platform that facilitates the discovery and booking of a wide variety of experiences and services for travelers. Users can explore and reserve activities such as tours, theme park tickets, cultural experiences, and adventure outings in numerous destinations. The platform also offers essential travel services, including public transport passes, airport transfers, car rentals, and SIM cards or eSIMs, ensuring seamless connectivity for users. Additionally, Klook allows travelers to book accommodations, making it a comprehensive solution for trip planning. Food enthusiasts can enhance their culinary experiences through dining reservations, food tours, and restaurant vouchers available on the platform.

Maven

Seed Round in 2017
Maven is General Motors' car sharing service. It starts with car-sharing and will serve as a platform for continuous innovation upgrades with the service and technology supporting it. Recently launched by General Motors in Ann Arbor in January 2016, it provides a station-based, self-service portfolio of small-to-large automobiles distributed all over the city. Maven Vehicles can be accessed with a phone application. Members can finish the trip in the authorized parking space. Attractive rates include costs for fuel, insurance, parking, maintenance and unique technology features.

Chehaoduo

Series B in 2017
Chehaoduo designs an online car trading platform that sells used cars. Its online car trading platform directly links individual car sellers and buyers, which help buyers remove the middlemen as well as purchase used cars easily. Haoyong Yang founded Chehaoduo in 2014, with its headquarters in Beijing in China, with branches in Chinese cities such as Hangzhou and Chongqing.

Klook

Series B in 2017
Klook is a prominent travel and leisure e-commerce platform that facilitates the discovery and booking of a wide variety of experiences and services for travelers. Users can explore and reserve activities such as tours, theme park tickets, cultural experiences, and adventure outings in numerous destinations. The platform also offers essential travel services, including public transport passes, airport transfers, car rentals, and SIM cards or eSIMs, ensuring seamless connectivity for users. Additionally, Klook allows travelers to book accommodations, making it a comprehensive solution for trip planning. Food enthusiasts can enhance their culinary experiences through dining reservations, food tours, and restaurant vouchers available on the platform.

Atzuche

Series C in 2017
Atzuche is a peer-to-peer car rental start-up founded in 2014, operating a mobile application that connects car owners with customers seeking to rent vehicles. The platform facilitates the rental process by having staff pick up cars from owners and deliver them to customers. Atzuche has rapidly expanded its services, boasting three million registered users and 100,000 cars across 14 cities in China, including major metropolitan areas like Beijing, Shanghai, and Shenzhen. The user base primarily utilizes the service for day trips, with a portion renting for test drives or daily commutes. The platform also offers features for car owners to track their vehicles, monitor fuel usage, and receive alerts regarding potential damage, thus helping them optimize the use of their idle assets.

Chehaoduo

Series A in 2016
Chehaoduo designs an online car trading platform that sells used cars. Its online car trading platform directly links individual car sellers and buyers, which help buyers remove the middlemen as well as purchase used cars easily. Haoyong Yang founded Chehaoduo in 2014, with its headquarters in Beijing in China, with branches in Chinese cities such as Hangzhou and Chongqing.

Atzuche

Series B in 2015
Atzuche is a peer-to-peer car rental start-up founded in 2014, operating a mobile application that connects car owners with customers seeking to rent vehicles. The platform facilitates the rental process by having staff pick up cars from owners and deliver them to customers. Atzuche has rapidly expanded its services, boasting three million registered users and 100,000 cars across 14 cities in China, including major metropolitan areas like Beijing, Shanghai, and Shenzhen. The user base primarily utilizes the service for day trips, with a portion renting for test drives or daily commutes. The platform also offers features for car owners to track their vehicles, monitor fuel usage, and receive alerts regarding potential damage, thus helping them optimize the use of their idle assets.

Klook

Series A in 2015
Klook is a prominent travel and leisure e-commerce platform that facilitates the discovery and booking of a wide variety of experiences and services for travelers. Users can explore and reserve activities such as tours, theme park tickets, cultural experiences, and adventure outings in numerous destinations. The platform also offers essential travel services, including public transport passes, airport transfers, car rentals, and SIM cards or eSIMs, ensuring seamless connectivity for users. Additionally, Klook allows travelers to book accommodations, making it a comprehensive solution for trip planning. Food enthusiasts can enhance their culinary experiences through dining reservations, food tours, and restaurant vouchers available on the platform.

Haoche51.com

Series A in 2014
It is a Beijing based online used car trading platform Haoche51.com

Atzuche

Series A in 2014
Atzuche is a peer-to-peer car rental start-up founded in 2014, operating a mobile application that connects car owners with customers seeking to rent vehicles. The platform facilitates the rental process by having staff pick up cars from owners and deliver them to customers. Atzuche has rapidly expanded its services, boasting three million registered users and 100,000 cars across 14 cities in China, including major metropolitan areas like Beijing, Shanghai, and Shenzhen. The user base primarily utilizes the service for day trips, with a portion renting for test drives or daily commutes. The platform also offers features for car owners to track their vehicles, monitor fuel usage, and receive alerts regarding potential damage, thus helping them optimize the use of their idle assets.

Ola

Series B in 2013
Ola operates a mobile technology platform that integrates city transportation for customers and driver partners in India. Its mobile application allows its customers to book a range of cabs, auto-rickshaws, bikes, and shuttle buses. Ola's mobile application allows customers to book city taxi, outstation travel, car rental, and corporate travel services. Its mobile application is available on Windows, Android, and iOS platforms. Ankit Bhati and Bhavish Aggarwal founded Ola on December 1, 2010. It has its headquarters with additional offices in Bengaluru in India.

Kuaidi Dache

Series B in 2013
Kuaidi Group, as the most technologically integrated and largest car service company in the world, is rapidly transforming the concept of moving people – starting in China. The app combines integrated mapping and third party payment technology to make its service accessible to everybody, and provides over 1 million taxis and a variety of standard and luxury cars for all lifestyles. To ensure the service fits smoothly into urban life, Kuaidi has developed a framework is that is adaptable to other platforms in China, and works in partnership with China’s government and regulators instead of against them. In a country where only 18% of per capita car ownership, Kuaidi is clearly meeting an important need. Kuaidi’s unique business model has attracted 100m registered users in over 300 cities, fulfilling 6 million requests per day. To optimize its services and go beyond customer expectations Kuaidi has secured partnerships with Alipay, Ctrip, AutoNavi, Baidu Maps, Qunar, and Beijing’s ‘96106’ government official platform.

zuzuche.com

Series A in 2011
ZuzuChe.com operates an online platform that facilitates car rental services both in China and internationally. Founded in 2011 and headquartered in Guangzhou, the company provides users with access to comprehensive car rental information, enabling searches for designated driving, car chartering, and special events across more than 200 cities in China. ZuzuChe offers a wide range of services, including overseas car rentals, local attractions, Chinese GPS, and international driver's license translation. Additionally, the platform provides various insurance options, such as car damage theft insurance and personal liability coverage. Users can also book tickets and hotels through the platform, which is accessible via a mobile application. By integrating advanced search technology and real-time pricing comparisons, ZuzuChe aims to create a convenient and user-friendly experience for travelers.
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