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Reach Automotive Technology

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Innovative enterprise with technology as the core, focusing on mobile internet, artificial intelligence and new energy technologies in the automotive industry

Shenyang, ChinaFounded 2015Transportation
Valuation $1–2.5B Latest valuation · 2021
Headcount 100–500 Current team size
Total funding $100–500M Disclosed equity funding
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About Reach Automotive Technology

Neusoft Reach Automotive Technology, a subsidiary of Neusoft Corporation, was established in October 2015 as a co-investment by Neusoft Group and Alpine Electronics (China) Ltd. The company's chairman is Wang Yongfeng, who is also the CEO of the parent company, Neusoft. Wang has been with Neusoft since 1992, holding various leadership roles, and possesses a master's degree in artificial intelligence, aligning his expertise with the company's focus.

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Positioned as a technology supplier for the automotive industry, Neusoft Reach provides products and solutions tailored for the era of software-defined vehicles (SDV). The company serves automotive original equipment manufacturers (OEMs) and Tier 1 suppliers, including prominent names like Honda, GAC, Geely, and Changan. Its business model revolves around providing these clients with core technologies, integrated hardware and software products, and platform-based services to support their innovation and development cycles.

The company's core offering is NeuSAR, a proprietary automotive basic software platform that complies with AUTOSAR standards. This platform facilitates the development of vehicle operating systems, advanced driver-assistance systems (ADAS), and autonomous driving (AD) functionalities. NeuSAR has evolved through several versions, with NeuSAR 4.0 introducing a software-first development model to address the complexity of heterogeneous multi-core domain controllers. Other key products include intelligent charging systems, new energy vehicle power battery systems, and vehicle-cloud integrated platforms. A significant milestone was achieved in 2021 when the company completed its first financing round, raising CNY 650 million. Neusoft Reach has also established strategic partnerships, such as the one with Ambarella, to advance autonomous driving solutions by combining its AI algorithms with Ambarella's AI system-on-chip (SoC) products.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2015
Headquarters
Shenyang, China
Employees
137
Open positions
None listed
Dealroom signal
36.8/100
Sub-industry
Energy Efficiency, Mobility, Vehicle Production
Sector
Transportation, Battery, Core AI, Sustainable Development Goals, EV Charging, EV Charging Software, Became $1B as Subsidiary, Climate Tech, Electric Mobility, Hard Tech, AI Applications
Business model
SaaS

Latest news

Press, funding announcements and product moves mentioning Reach Automotive Technology.

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Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
GROWTH EQUITY VCOther financing Oct 2021 $101M $1B Virtue Capital Fund · CMG-SDIC Capital
GROWTH EQUITY VCOther financing May 2020 $0 Undisclosed
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Growth signals

Reach Automotive Technology website traffic

Latest recorded traffic for Reach Automotive Technology is 2.1K monthly website visits, down 63.8% over the last three months. Reach Automotive Technology's team declined 5.5% over the past year.

Latest monthly visits2.1K 3-month web change-63.8% 1-year team growth-5.5%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investors

3 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series B and later2 investors entered at this stage

  • Virtue Capital Fund
  • CMG-SDIC Capital

Other known investors1 additional known investor

  • Neusoft
Team profiled 2 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
2 countries with
team presence
🇨🇳 China98.3%
🇦🇺 Australia1.7%
2 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Reach Automotive Technology on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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