What is WheelRight?
Established on an Oxford University technology park, WheelRight is dedicated to pioneering technologies that automate the inspection of vehicle tires while vehicles are in motion. The company's core offering is a web-based cloud system designed for ease of use, accuracy, and simplicity. This integrated technology operates 24/7, serving bus and HGV depots across the UK, with extensive testing conducted by Highways England. WheelRight's focus on continuous operation and robust testing highlights its commitment to reliability in fleet management.
How much funding has WheelRight raised?
WheelRight has raised a total of $4.2M across 1 funding round:
Unspecified
$4.2M
Unspecified (2014): $4.2M with participation from Calculus Capital
Key Investors in WheelRight
Calculus Capital
Calculus Capital is a London-based investment manager specializing in tax-efficient growth capital for UK smaller companies, focusing on high-growth technology and healthcare businesses.
What's next for WheelRight?
The recent major strategic investment signifies a critical phase for WheelRight, likely enabling the company to scale its operations, enhance its cloud-based inspection system, and expand its market reach. With enterprise-level backing, WheelRight is poised to solidify its position in the fleet management technology sector, potentially driving further innovation in vehicle safety and maintenance through automated tire analysis. Future developments may include broader adoption across different vehicle types and geographical regions.
See full WheelRight company page
