What is Wheely?
Wheely Ltd., commonly known as Wheely, operates as a chauffeur-driven journey booking service accessible via mobile applications. Founded in 2010 by Anton Chirkunov and headquartered in London, the company specializes in providing on-demand or advance bookings for luxury vehicle rides. In 2021, Wheely signaled its intent to expand its service offerings into international markets, including Dubai. By early 2020, the company reported substantial annual bookings and a significant customer base, indicating a strong traction in the competitive ride-hailing industry.
How much funding has Wheely raised?
Wheely has raised a total of $28M across 2 funding rounds:
Series A
$13M
Series B
$15M
Series A (2016): $13M, investors not publicly disclosed
Series B (2019): $15M led by Concentric
Key Investors in Wheely
Concentric
Concentric is a London-based investment firm that partners with visionary founders across Europe, with a focus on sectors including Financial Services, Real Estate, Industrial, Mobility, and B2B enterprise.
What's next for Wheely?
The recent major strategic investment signals a new phase of growth for Wheely, likely focused on expanding its service footprint, enhancing its technological infrastructure, and potentially entering new geographic markets. This capital infusion is expected to bolster its competitive position against other players in the premium ride-sharing and private hire segments. Strategic partnerships and further technological innovation will be key to leveraging this financing for sustained enterprise-level development and market penetration.
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