CassTime

CassTime

A replacement part marketplace and a SaaS management system for workshops, supply chain finance, and logistic service.

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$27.5m

Valuation: $250m

Series D
Total Funding000k
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Casstime is a prominent B2B platform in China, specializing in the automotive aftermarket. The company offers a comprehensive replacement part marketplace and a SaaS (Software as a Service) management system tailored for workshops. Additionally, Casstime provides supply chain finance and logistic services to streamline operations for its clients. The company primarily serves automotive repair shops and parts suppliers, operating within the vast and growing automotive aftermarket sector in China. Casstime's business model revolves around facilitating transactions between buyers and sellers of automotive parts, while also offering subscription-based SaaS solutions and financial services to enhance operational efficiency. Revenue is generated through transaction fees, subscription fees for its SaaS platform, and interest from supply chain financing. Established in 2015 in Shenzhen, Casstime has rapidly expanded, setting up branch offices in major cities across China, including Guangzhou, Chengdu, and Chongqing. The company has attracted significant investment from notable venture capital firms such as Sequoia Capital China and Shunwei Capital, underscoring its strong market position and growth potential.

Keywords: B2B platform, automotive aftermarket, replacement parts, SaaS, supply chain finance, logistics, workshops, China, venture capital, marketplace.

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