How Much Did Wheely Raise?
Funding & Key Investors

Wheely, a prominent vehicle-for-hire company, has secured a significant enterprise-level funding round, with its total funding reaching $28M. The most recent capital infusion, amounting to $15M, was a major strategic investment announced on April 26, 2019. This latest financing underscores the company's robust growth trajectory and its strategic positioning within the luxury transportation sector.

What is Wheely?

Wheely
TransportationRail, Bus & TaxiConsumer Services

Wheely Ltd., commonly known as Wheely, is a Swiss-founded British company specializing in chauffeur-driven journeys. Operating primarily through its mobile applications on Android and iOS, the company offers on-demand and advance bookings for luxury vehicle transportation. Founded in 2010 by Anton Chirkunov, Wheely has established a significant presence, serving a substantial passenger base and generating considerable annual bookings. The company's expansion plans, including entry into markets like Dubai, highlight its ambition for global reach and service diversification within the mobility industry.

How much funding has Wheely raised?

Wheely has raised a total of $28M across 2 funding rounds:

2016

Series A

$13M

2019

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 Financial Services, Real Estate, Industrial, Mobility, and B2B enterprise sectors.

What's next for Wheely?

The recent major strategic investment signals Wheely's readiness for its next phase of expansion and operational enhancement. With a foundation built on luxury service and technological integration, the company is well-positioned to leverage this capital for scaling its operations, potentially entering new geographic markets, and further refining its service offerings. This funding is indicative of a scaling phase, suggesting a focus on market penetration and solidifying its competitive advantage in the premium ride-hailing segment.

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Frequently Asked Questions Regarding Wheely Financial Insights

What are the most recent funding rounds that Wheely has completed, and what were the funding rounds?
Wheely has recently completed 2 funding rounds: Series B on Apr 26, 2019, Series A on Apr 1, 2016.
What is the total amount of funding Wheely has raised to date?
Wheely has raised a total of $28M in funding to date.
How many funding rounds has Wheely completed?
Wheely has completed 2 funding rounds.
How much funding did Wheely raise in its most recent funding round?
Wheely raised $15M in its most recent funding round.
Who are the lead investors in Wheely's latest funding round?
The lead investor in Wheely's latest funding round was Concentric. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Wheely's history?
The largest funding round in Wheely's history was $15M.
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