Ofo

Ofo

ofo is the world's first bike sharing company to allow for a "non-docking" platform for users, but also to allow a true bike-sharing model

Founded: April 2013

About Ofo

ofo is the world's first bike sharing company to allow for a "non-docking" platform for users, but also to allow a true bike-sharing model where riders can offer the use of their own bicycles for access to the companies entire fleet. Here is how easy it is to unlock the freedom of ofo:

Obtain a Passcode:
Open your ofo application, type in the number on the bicycle and get the passcode

Unlock the Bike:
Turn the dial on the lock for each number in the passcode aligns with the yellow indicator. Once the passcode is in, simply press the round button to unlock.

Ride and Return:
Enjoy the ride on your ofo bike, and once you are done simply leave the bike in any area where bike-parking is allowed. It will become ready for the next user. There is no need to find an inconvenient docking station.

Team

Funding

INVESTOR
STAGE
AMOUNT
DATE
Round: Venture Round
Round Size: US$886M
Date: Mar 2018

China

See all investors
Round: Series E
Round Size: US$700M
Date: Jul 2017
Round: Series D
Round Size: Undisclosed
Date: Apr 2017

United States of America

Round: Series D
Round Size: US$450M
Date: Mar 2017
Round: Series C
Round Size: US$130M
Date: Sep 2016