What is Three Wheels United?
Founded in 2017, Three Wheels United (TWU) is dedicated to facilitating the transition to electric mobility by offering accessible financing solutions for drivers of two and three-wheeler vehicles. Leveraging proprietary, behavior-informed technology, TWU enhances the accuracy of credit risk assessments and loan repayment predictions. This innovative approach broadens financial product access to underserved populations, enabling them to finance vehicle purchases that might otherwise be out of reach.
How much funding has Three Wheels United raised?
Three Wheels United has raised a total of $10M across 1 funding round:
Series A
$10M
Series A (2022): $10M with participation from Grip Invest, Techstars, and Delta Corp Holdings
Key Investors in Three Wheels United
Grip Invest
Grip Invest is likely a financial services firm specializing in investment opportunities, potentially focusing on alternative assets or growth-stage companies.
Techstars
Techstars is a well-known global accelerator program that provides mentorship, funding, and networking opportunities to early-stage startups.
Delta Corp Holdings
Delta Corp Holdings is presumed to be an investment firm or holding company, likely involved in strategic capital allocation across various sectors.
What's next for Three Wheels United?
The recent major strategic investment signifies a pivotal moment for Three Wheels United, likely enabling the company to accelerate its expansion and further refine its technology. This capital infusion is expected to support scaling operations, enhancing its proprietary credit assessment tools, and potentially broadening its market reach within the burgeoning EV financing landscape. The company's focus on underserved demographics positions it for sustained growth as the demand for sustainable transportation solutions continues to rise.
See full Three Wheels United company page
