Farizon Auto valuation, funding and investors
Farizon Auto works in new energy commercial vehicle manufacturing, based in Hangzhou, China. Founded in 2016, it has about 55 employees.
Automobile Dealers & Manufacturers Series A
VALUATION · TODAY
$5.38B +0% after Series A
Range $1.71B – $16.46B · Grade DTODAY
+12 MO
$5.00B
$10.00B
$15.00B
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
Series A $600M
ValuationBefore first round12-month outlook: where it points, how wide it fansHover the past: the outlook shows what was predicted then
HEADCOUNT · TODAY55 employees
+49%6m growth
+62%1y growth
+206%2y growth
25
50
75
Data from Jun 2023
Predicted in 1 yr $5.38B +0% vs today
Predicted next raise $1.74B if a round comes
Winding-down probability 0%
- Last round
- Series A · $600M · Jul 2023
- Valuation at last round
- $2.90B · implied
- Headcount
- 55 · growing
- Grade
- D
- Founded
- 2016
Farizon Auto valuation today
VCMC values Farizon Auto at $5.4B today, with a range of $1.7B to $16.5B and a grade of D. The valuation starts from its last funding round, a Series A round in Jul 2023.
Valuation by date (132 rows)
Each point is what the model would have shown on that date, using only what was known then; before its first round, a company is valued as a startup because it later raised.
| Date | Valuation | Range | Predicted in 1 yr | Phase | Headcount | Trend | Grade | Winding-down probability |
|---|---|---|---|---|---|---|---|---|
| 1 Jan 2016 | $2.13M | $0.78M – $5.85M | $2.55M (+20%) | before first round | – | unknown | D | 0% |
| 1 Feb 2016 | $2.14M | $0.78M – $5.88M | $2.62M (+23%) | before first round | – | unknown | D | 0% |
| 1 Mar 2016 | $2.15M | $0.78M – $5.90M | $2.69M (+25%) | before first round | – | unknown | D | 0% |
| 1 Apr 2016 | $2.16M | $0.78M – $5.92M | $2.76M (+28%) | before first round | – | unknown | D | 0% |
| 1 May 2016 | $2.16M | $0.79M – $5.95M | $2.84M (+31%) | before first round | – | unknown | D | 0% |
| 1 Jun 2016 | $2.17M | $0.79M – $5.97M | $2.91M (+34%) | before first round | – | unknown | D | 0% |
| 1 Jul 2016 | $2.18M | $0.79M – $5.99M | $2.99M (+37%) | before first round | – | unknown | D | 0% |
| 1 Aug 2016 | $2.24M | $0.82M – $6.15M | $3.07M (+37%) | before first round | – | unknown | D | 0% |
| 1 Sep 2016 | $2.30M | $0.84M – $6.32M | $3.15M (+37%) | before first round | – | unknown | D | 0% |
| 1 Oct 2016 | $2.36M | $0.86M – $6.48M | $3.24M (+37%) | before first round | – | unknown | D | 0% |
| 1 Nov 2016 | $2.42M | $0.88M – $6.66M | $3.32M (+37%) | before first round | – | unknown | D | 0% |
| 1 Dec 2016 | $2.49M | $0.91M – $6.84M | $3.41M (+37%) | before first round | – | unknown | D | 0% |
| 1 Jan 2017 | $2.55M | $0.93M – $7.02M | $3.50M (+37%) | before first round | – | unknown | D | 0% |
| 1 Feb 2017 | $2.62M | $0.96M – $7.21M | $3.60M (+37%) | before first round | – | unknown | D | 0% |
| 1 Mar 2017 | $2.69M | $0.98M – $7.38M | $3.69M (+37%) | before first round | – | unknown | D | 0% |
| 1 Apr 2017 | $2.76M | $1.01M – $7.58M | $3.79M (+37%) | before first round | – | unknown | D | 0% |
| 1 May 2017 | $2.83M | $1.03M – $7.78M | $3.88M (+37%) | before first round | – | unknown | D | 0% |
| 1 Jun 2017 | $2.91M | $1.06M – $7.99M | $3.99M (+37%) | before first round | – | unknown | D | 0% |
| 1 Jul 2017 | $2.99M | $1.09M – $8.20M | $4.10M (+37%) | before first round | – | unknown | D | 0% |
| 1 Aug 2017 | $3.07M | $1.12M – $8.43M | $4.21M (+37%) | before first round | – | unknown | D | 0% |
| 1 Sep 2017 | $3.15M | $1.15M – $8.66M | $4.32M (+37%) | before first round | – | unknown | D | 0% |
| 1 Oct 2017 | $3.23M | $1.18M – $8.88M | $4.43M (+37%) | before first round | – | unknown | D | 0% |
| 1 Nov 2017 | $3.32M | $1.21M – $9.12M | $4.55M (+37%) | before first round | – | unknown | D | 0% |
| 1 Dec 2017 | $3.41M | $1.24M – $9.36M | $4.67M (+37%) | before first round | – | unknown | D | 0% |
| 1 Jan 2018 | $3.50M | $1.28M – $9.62M | $4.80M (+37%) | before first round | – | unknown | D | 0% |
| 1 Feb 2018 | $3.60M | $1.31M – $9.88M | $4.93M (+37%) | before first round | – | unknown | D | 0% |
| 1 Mar 2018 | $3.69M | $1.34M – $10.1M | $5.05M (+37%) | before first round | – | unknown | D | 0% |
| 1 Apr 2018 | $3.79M | $1.38M – $10.4M | $5.19M (+37%) | before first round | – | unknown | D | 0% |
| 1 May 2018 | $3.88M | $1.41M – $10.7M | $5.33M (+37%) | before first round | – | unknown | D | 0% |
| 1 Jun 2018 | $3.99M | $1.45M – $11.0M | $5.47M (+37%) | before first round | – | unknown | D | 0% |
| 1 Jul 2018 | $4.10M | $1.49M – $11.2M | $5.61M (+37%) | before first round | – | unknown | D | 0% |
| 1 Aug 2018 | $4.21M | $1.53M – $11.6M | $5.67M (+35%) | before first round | – | unknown | D | 0% |
| 1 Sep 2018 | $4.32M | $1.57M – $11.9M | $5.72M (+32%) | before first round | – | unknown | D | 0% |
| 1 Oct 2018 | $4.43M | $1.61M – $12.2M | $5.77M (+30%) | before first round | – | unknown | D | 0% |
| 1 Nov 2018 | $4.55M | $1.66M – $12.5M | $5.83M (+28%) | before first round | – | unknown | D | 0% |
| 1 Dec 2018 | $4.67M | $1.70M – $12.8M | $5.88M (+26%) | before first round | – | unknown | D | 0% |
| 1 Jan 2019 | $4.80M | $1.75M – $13.2M | $5.93M (+24%) | before first round | – | unknown | D | 0% |
| 1 Feb 2019 | $4.93M | $1.80M – $13.5M | $5.99M (+21%) | before first round | – | unknown | D | 0% |
| 1 Mar 2019 | $5.05M | $1.84M – $13.9M | $6.04M (+19%) | before first round | – | unknown | D | 0% |
| 1 Apr 2019 | $5.19M | $1.89M – $14.3M | $6.09M (+17%) | before first round | – | unknown | D | 0% |
| 1 May 2019 | $5.33M | $1.94M – $14.6M | $6.15M (+15%) | before first round | – | unknown | D | 0% |
| 1 Jun 2019 | $5.47M | $1.99M – $15.0M | $6.20M (+13%) | before first round | – | unknown | D | 0% |
| 1 Jul 2019 | $5.61M | $2.04M – $15.4M | $6.26M (+11%) | before first round | – | unknown | D | 0% |
| 1 Aug 2019 | $5.67M | $2.06M – $15.6M | $6.32M (+11%) | before first round | – | unknown | D | 0% |
| 1 Sep 2019 | $5.72M | $2.08M – $15.7M | $6.37M (+11%) | before first round | – | unknown | D | 0% |
| 1 Oct 2019 | $5.77M | $2.10M – $15.9M | $6.43M (+11%) | before first round | – | unknown | D | 0% |
| 1 Nov 2019 | $5.83M | $2.12M – $16.0M | $6.49M (+11%) | before first round | – | unknown | D | 0% |
| 1 Dec 2019 | $5.88M | $2.14M – $16.1M | $6.55M (+11%) | before first round | – | unknown | D | 0% |
| 1 Jan 2020 | $5.93M | $2.16M – $16.3M | $6.61M (+11%) | before first round | – | unknown | D | 0% |
| 1 Feb 2020 | $5.99M | $2.18M – $16.4M | $6.67M (+11%) | before first round | – | unknown | D | 0% |
| 1 Mar 2020 | $6.04M | $2.20M – $16.6M | $6.73M (+11%) | before first round | – | unknown | D | 0% |
| 1 Apr 2020 | $6.09M | $2.22M – $16.7M | $6.79M (+11%) | before first round | – | unknown | D | 0% |
| 1 May 2020 | $6.15M | $2.24M – $16.9M | $6.85M (+11%) | before first round | – | unknown | D | 0% |
| 1 Jun 2020 | $6.21M | $2.26M – $17.0M | $6.91M (+11%) | before first round | – | unknown | D | 0% |
| 1 Jul 2020 | $6.26M | $2.28M – $17.2M | $6.97M (+11%) | before first round | – | unknown | D | 0% |
| 1 Aug 2020 | $6.32M | $2.30M – $17.4M | $7.04M (+11%) | before first round | – | unknown | D | 0% |
| 1 Sep 2020 | $6.38M | $2.32M – $17.5M | $7.10M (+11%) | before first round | – | unknown | D | 0% |
| 1 Oct 2020 | $6.43M | $2.34M – $17.7M | $7.16M (+11%) | before first round | – | unknown | D | 0% |
| 1 Nov 2020 | $6.49M | $2.36M – $17.8M | $7.23M (+11%) | before first round | – | unknown | D | 0% |
| 1 Dec 2020 | $6.55M | $2.38M – $18.0M | $7.29M (+11%) | before first round | – | unknown | D | 0% |
| 1 Jan 2021 | $6.61M | $2.41M – $18.2M | $7.36M (+11%) | before first round | – | unknown | D | 0% |
| 1 Feb 2021 | $6.67M | $2.43M – $18.3M | $7.41M (+11%) | before first round | – | unknown | D | 0% |
| 1 Mar 2021 | $6.72M | $2.45M – $18.5M | $7.46M (+11%) | before first round | – | unknown | D | 0% |
| 1 Apr 2021 | $6.79M | $2.47M – $18.6M | $7.52M (+11%) | before first round | – | unknown | D | 0% |
| 1 May 2021 | $6.85M | $2.49M – $18.8M | $7.58M (+11%) | before first round | – | unknown | D | 0% |
| 1 Jun 2021 | $6.91M | $2.52M – $19.0M | $7.63M (+10%) | before first round | – | unknown | D | 0% |
| 1 Jul 2021 | $6.97M | $2.54M – $19.1M | $7.69M (+10%) | before first round | – | unknown | D | 0% |
| 1 Aug 2021 | $7.03M | $2.56M – $19.3M | $7.75M (+10%) | before first round | – | unknown | D | 0% |
| 1 Sep 2021 | $7.10M | $2.58M – $19.5M | $7.80M (+10%) | before first round | – | unknown | D | 0% |
| 1 Oct 2021 | $7.16M | $2.61M – $19.7M | $7.86M (+10%) | before first round | – | unknown | D | 0% |
| 1 Nov 2021 | $7.23M | $2.63M – $19.9M | $7.92M (+10%) | before first round | – | unknown | D | 0% |
| 1 Dec 2021 | $7.29M | $2.65M – $20.0M | $7.98M (+9%) | before first round | – | unknown | D | 0% |
| 1 Jan 2022 | $7.36M | $2.68M – $20.2M | $8.04M (+9%) | before first round | – | unknown | D | 0% |
| 1 Feb 2022 | $7.41M | $2.70M – $20.4M | $8.10M (+9%) | before first round | – | unknown | D | 0% |
| 1 Mar 2022 | $7.46M | $2.72M – $20.5M | $8.15M (+9%) | before first round | – | unknown | D | 0% |
| 1 Apr 2022 | $7.52M | $2.74M – $20.7M | $8.21M (+9%) | before first round | – | unknown | D | 0% |
| 1 May 2022 | $7.58M | $2.76M – $20.8M | $8.27M (+9%) | before first round | – | unknown | D | 0% |
| 1 Jun 2022 | $7.63M | $2.78M – $21.0M | $8.34M (+9%) | before first round | – | unknown | D | 0% |
| 1 Jul 2022 | $7.69M | $2.80M – $21.1M | $8.40M (+9%) | before first round | – | unknown | D | 0% |
| 1 Aug 2022 | $7.75M | $2.82M – $21.3M | $8.46M (+9%) | before first round | – | unknown | D | 0% |
| 1 Sep 2022 | $7.80M | $2.84M – $21.4M | $8.52M (+9%) | before first round | – | unknown | D | 0% |
| 1 Oct 2022 | $7.86M | $2.86M – $21.6M | $8.58M (+9%) | before first round | – | unknown | D | 0% |
| 1 Nov 2022 | $7.92M | $2.88M – $21.8M | $8.65M (+9%) | before first round | – | unknown | D | 0% |
| 1 Dec 2022 | $7.98M | $2.90M – $21.9M | $8.71M (+9%) | before first round | – | unknown | D | 0% |
| 1 Jan 2023 | $8.04M | $2.93M – $22.1M | $8.78M (+9%) | before first round | – | unknown | D | 0% |
| 1 Feb 2023 | $8.10M | $2.95M – $22.2M | $8.84M (+9%) | before first round | – | unknown | D | 0% |
| 1 Mar 2023 | $8.15M | $2.97M – $22.4M | $8.90M (+9%) | before first round | – | unknown | D | 0% |
| 1 Apr 2023 | $8.21M | $2.99M – $22.6M | $8.97M (+9%) | before first round | – | unknown | D | 0% |
| 1 May 2023 | $8.27M | $3.01M – $22.7M | $9.04M (+9%) | before first round | – | unknown | D | 0% |
| 1 Jun 2023 | $3.19M | $1.02M – $10.0M | $1.71M (-46%) | before first round | 2 | unknown | D | 0% |
| 1 Jul 2023 | $3.03M | $0.96M – $9.62M | $1.62M (-47%) | before first round | 2 | unknown | D | 0% |
| 21 Jul 2023 | $2.9B | $1.9B – $7.9B | $5.2B (+80%) | after a round | 2 | unknown | C | 0% |
| 1 Aug 2023 | $3.0B | $1.9B – $7.9B | $5.2B (+77%) | after a round | 2 | unknown | C | 0% |
| 1 Sep 2023 | $3.1B | $1.9B – $7.9B | $5.2B (+68%) | after a round | 2 | unknown | C | 0% |
| 1 Oct 2023 | $3.3B | $1.9B – $7.9B | $5.2B (+60%) | after a round | 2 | unknown | C | 0% |
| 1 Nov 2023 | $3.8B | $2.5B – $11.8B | $7.7B (+102%) | after a round | 12 | growing | C | 0% |
| 1 Dec 2023 | $4.2B | $2.7B – $11.8B | $7.7B (+86%) | after a round | 12 | growing | C | 0% |
| 1 Jan 2024 | $4.5B | $2.8B – $11.8B | $7.7B (+71%) | after a round | 12 | growing | C | 0% |
| 1 Feb 2024 | $4.9B | $2.8B – $11.8B | $7.7B (+58%) | after a round | 12 | growing | C | 0% |
| 1 Mar 2024 | $5.3B | $2.8B – $11.8B | $7.7B (+46%) | after a round | 12 | growing | C | 0% |
| 1 Apr 2024 | $6.1B | $3.0B – $12.7B | $8.4B (+37%) | after a round | 17 | growing | C | 0% |
| 1 May 2024 | $6.6B | $3.0B – $12.7B | $8.4B (+26%) | after a round | 17 | growing | C | 0% |
| 1 Jun 2024 | $7.3B | $3.0B – $12.7B | $8.4B (+15%) | after a round | 17 | growing | C | 0% |
| 1 Jul 2024 | $7.9B | $3.0B – $12.7B | $8.4B (+5%) | after a round | 17 | growing | C | 0% |
| 1 Aug 2024 | $8.5B | $3.1B – $12.9B | $8.5B (0%) | after a round | 18 | growing | C | 0% |
| 1 Sep 2024 | $8.5B | $3.2B – $12.9B | $8.5B (0%) | after a round | 18 | growing | C | 0% |
| 1 Oct 2024 | $8.5B | $3.2B – $12.9B | $8.5B (0%) | after a round | 18 | growing | C | 0% |
| 1 Nov 2024 | $8.5B | $3.2B – $12.9B | $8.5B (0%) | after a round | 18 | growing | C | 0% |
| 1 Dec 2024 | $8.7B | $3.4B – $13.2B | $8.7B (0%) | after a round | 20 | growing | C | 0% |
| 1 Jan 2025 | $8.7B | $3.4B – $13.2B | $8.7B (0%) | after a round | 20 | growing | C | 0% |
| 1 Feb 2025 | $8.7B | $3.5B – $13.2B | $8.7B (0%) | after a round | 20 | growing | C | 0% |
| 1 Mar 2025 | $8.7B | $3.5B – $13.2B | $8.7B (0%) | after a round | 20 | growing | C | 0% |
| 1 Apr 2025 | $8.7B | $3.6B – $13.2B | $8.7B (0%) | after a round | 20 | growing | C | 0% |
| 1 May 2025 | $8.7B | $2.9B – $13.2B | $8.7B (0%) | after a round | 20 | up | C | 0% |
| 1 Jun 2025 | $8.7B | $2.9B – $13.2B | $8.7B (0%) | after a round | 20 | up | C | 0% |
| 1 Jul 2025 | $8.7B | $2.8B – $13.2B | $8.7B (0%) | after a round | 20 | up | C | 0% |
| 1 Aug 2025 | $9.7B | $3.6B – $14.8B | $9.7B (0%) | after a round | 34 | growing | C | 0% |
| 1 Sep 2025 | $9.7B | $3.6B – $14.8B | $9.7B (0%) | after a round | 34 | growing | C | 0% |
| 1 Oct 2025 | $9.7B | $3.6B – $14.8B | $9.7B (0%) | after a round | 34 | growing | C | 0% |
| 1 Nov 2025 | $9.7B | $3.6B – $14.8B | $9.7B (0%) | after a round | 34 | growing | C | 0% |
| 1 Dec 2025 | $9.7B | $3.7B – $14.8B | $9.7B (0%) | after a round | 34 | growing | C | 0% |
| 1 Jan 2026 | $9.7B | $3.7B – $14.8B | $9.7B (0%) | after a round | 34 | growing | C | 0% |
| 1 Feb 2026 | $9.9B | $3.7B – $15.1B | $9.9B (0%) | after a round | 37 | growing | C | 0% |
| 1 Mar 2026 | $9.9B | $3.7B – $15.1B | $9.9B (0%) | after a round | 37 | growing | C | 0% |
| 1 Apr 2026 | $9.9B | $3.7B – $15.1B | $9.9B (0%) | after a round | 37 | growing | C | 0% |
| 1 May 2026 | $9.9B | $3.8B – $15.1B | $9.9B (0%) | after a round | 37 | growing | C | 0% |
| 1 Jun 2026 | $10.4B | $3.9B – $15.8B | $10.4B (0%) | after a round | 46 | growing | C | 0% |
| 1 Jul 2026 | $10.4B | $4.0B – $15.8B | $10.4B (0%) | after a round | 46 | growing | C | 0% |
| 1 Aug 2026 | $10.4B | $3.5B – $15.8B | $10.4B (0%) | after a round | 46 | growing | C | 0% |
| 1 Sep 2026 | $10.4B | $3.4B – $15.8B | $10.4B (0%) | after a round | 46 | growing | C | 0% |
| 1 Oct 2026 | $10.8B | $3.5B – $16.5B | $10.8B (0%) | after a round | 55 | growing | C | 0% |
| 24 Oct 2026 | $5.4B | $1.7B – $16.5B | $5.4B (0%) | after a round | 55 | growing | D | 0% |
Key facts about Farizon Auto
- Founded
- 2016
- Headquarters
- Hangzhou, China
- Employees
- about 55 +62% in a year
- Total raised
- $600M
- Funding rounds
- 1
- Last round
- Series A Jul 2023
Farizon Auto funding history
Farizon Auto has 1 funding round on record, from Jul 2023 to Jul 2023, $600M in total. None disclosed a valuation.
Series A 20 Jul 2023
Led by Boyu Capital, Yuexiu Industrial Fund; with United Clean Energy, Linjiang Industry Group, Industry Foundation of Xiangtan, Yinshan Capital.
Sources: yicaiglobal.com, autofutures.tv, global.chinadaily.com.cn and 1 more
$600M
Farizon Auto investors
6 investors have backed Farizon Auto; Boyu Capital and Yuexiu Industrial Fund led at least one round.
- Yuexiu Industrial Fund lead
- Industry Foundation of Xiangtan
- Linjiang Industry Group
- United Clean Energy
- Yinshan Capital
What Farizon Auto does
Farizon Auto works in automobile dealers & manufacturers, with 12 recorded offerings and customers in automotive and transportation.
Zhejiang Geely Farizon New Energy Commercial Vehicle Group (浙江吉利远程新能源商用车集团有限公司), known as Farizon Auto (远程汽车), is a Chinese automotive company engaged in the development, manufacturing, and sales of new energy commercial vehicles, including heavy trucks, light trucks, small and mini trucks, light commercial vehicles, and buses. The company also operates as a manufacturer of automobile parts and automation equipment, and provides a platform for green logistics and a mobile application for vehicle sales, customer service, and appointment scheduling. Farizon Auto is certified as a national high-tech enterprise and is part of the Geely Group's automotive business segments.
Description from Veridion's company data.
Products and services
- New Energy Commercial Vehicle Manufacturing
- Hybrid Propulsion System Development
- Green Transportation Technology Solutions
- Intelligent Connectivity Solutions Development
- Commercial Vehicle Sales and Distribution
- Mobile App-Based Vehicle Services
- Green Logistics Platform Services
- Automobile Parts Manufacturing
- Automation Equipment Manufacturing
- Commercial Vehicle Research and Development
- Sustainable Transportation Consulting
- Strategic Partnership Project Support Services
Markets
- Automotive
- Transportation
Technology
- Ethanol-Hydrogen-Electric Hybrid Systems
- Methanol-Electric Hybrid Systems
Certifications
- national high-tech enterprise certification
Business model
- Business-to-Business
- Manufacturing
Industry codes (NAICS)
- 336120 Heavy Duty Truck Manufacturing 70% match
- 541715 Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology) 15% match
- 336390 Other Motor Vehicle Parts Manufacturing 15% match
Questions about Farizon Auto
What is Farizon Auto worth?
Valuation $5.4B (range $1.7B to $16.5B), as of 24 Oct 2026.
Has Farizon Auto raised money?
Farizon Auto has 1 funding round on record, from Jul 2023 to Jul 2023, $600M in total. None disclosed a valuation.
Who has invested in Farizon Auto?
Boyu Capital, Yuexiu Industrial Fund, Industry Foundation of Xiangtan, Linjiang Industry Group, United Clean Energy and Yinshan Capital. Lead investors include Boyu Capital and Yuexiu Industrial Fund.
How many people work at Farizon Auto?
About 55, up 62% over the last year. Headcount grew from 2 in May 2023 to 55 in Sep 2026.
What does Farizon Auto do?
Farizon Auto works in automobile dealers & manufacturers, with 12 recorded offerings and customers in automotive and transportation. Its main offerings are new energy commercial vehicle manufacturing, hybrid propulsion system development and green transportation technology solutions.
When was Farizon Auto founded, and where is it based?
Farizon Auto was founded in 2016 and is based in Hangzhou, China. It has about 55 employees, up 62% over the last year.