Wheelz

Wheelz

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Overview

Wheelz (www.wheelz.com) is an early stage, venture backed start-up that is introducing a better approach to personal transportation and car ownership.

Wheelz peer-to-peer car sharing platform provides a compelling economic opportunity for car owners to securely lease their vehicles on an hourly or daily basis, and a convenient and affordable personal transportation solution for those who don’t own a car.

Cars are the second largest personal asset class on the American balance sheet. They are chronically under-utilized -- most vehicles are parked 23 of 24 hours daily --; and they begin losing value the minute they drive off the lot. The current model – high-value, rapidly depreciating, poorly utilized – of car ownership is busted.

Wheelz is un-busting it; introducing a more efficient model of car ownership, a model that is more responsible for the planet and the pocketbook.

About

Industries

Insurance, Automotive, Logistics, Collaborative Consumption, Sharing Economy

Founded

2011

Employees

11-50

Headquarters locations

United States, North America

Social

N/A

Profile Resume

Wheelz headquartered in United States, North America, operates in the Insurance, Automotive, Logistics, Collaborative Consumption, Sharing Economy sector. The company focuses on Insurance and has secured $628.0M in funding across 40 round(s). With a team of 11-50 employees, Wheelz is actively contributing to advancements in Insurance. Their latest funding round, Seed Round - Wheelz, raised $2.0M. Discover more about their projects, partnerships, and impact on our platform.

Employees

imagePlace Jim Freer

Jim Freer

Board Member

imagePlace Mark Shulz

Mark Shulz

Board Member

Funding Rounds

Funding rounds

2

Investors

4

Lead Investors

0

Total Funding Amount

$15.7M

Details

2

Wheelz has raised a total of $15.7M in funding over 2 rounds.

Announcement dateTransaction nameNumber of InvestorsMoney raisedLead Investor
2012Early Stage Venture13.7M
2011Seed2.0M

Investors

Wheelz is funded by 2 investors.

Investor NameLead InvestorFunding RoundPartners
Wheelz-FUNDING ROUND - Wheelz2.0M
Julia Popowitz-FUNDING ROUND - Julia Popowitz2.0M

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