Wheelocity Overview
- Year Founded
-
2021
- Status
-
Private
- Employees
-
250
- Latest Deal Type
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Early Stage VC
- (In Progress)
- Latest Deal Amount
-
$8.67M
- Investors
-
11
Wheelocity General Information
Description
Operator of a rural supply chain network intended to provide access to products and services in underserved markets. The company utilizes a flow-through model, electrified fleets and a gig delivery framework, enabling rural households to receive fresh produce and essential goods while reducing food wastage through technology-enabled logistics.
Contact Information
Website
www.wheelocity.comCorporate Office
- 1st floor, WeWork, Vaishnavi Signature
- Number 78/9, Bellandur, Outer Ring Road
- Bengaluru, Karnataka 560103
- India
Corporate Office
- 1st floor, WeWork, Vaishnavi Signature
- Number 78/9, Bellandur, Outer Ring Road
- Bengaluru, Karnataka 560103
- India
Wheelocity Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 4. Early Stage VC | 09-Jul-2026 | $8.67M | In Progress | Generating Revenue | ||
| 3. Debt - General | Completed | Generating Revenue | ||||
| 2. Early Stage VC (Series A2) | 12-Nov-2024 | $15M | $27.1M | Completed | Generating Revenue | |
| 1. Early Stage VC (Series A) | 12-Jul-2022 | $12.1M | $12.1M | Completed | Generating Revenue |
Wheelocity Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series A2 CCPS | ||||||||
| Series AB1 CCPS | ||||||||
| Series AB2 CCPS | ||||||||
| Series AC CCPS | ||||||||
| Series A1 CCPS | ||||||||
| Series A CCPS | 2,249 | $1.188565 | $4025.5 | $4025.5 | 1x | $4025.5 | 13.19% | |
| Ordinary | 12 | $0.118856 | $4025.5 | $4025.5 | 1x | $4025.5 | 0.07% |
VC Exit Predictor
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Wheelocity Comparisons
Industry
Financing
Details
Wheelocity Competitors (1)
One of Wheelocity’s competitors is FarEye, a Venture Capital-Backed company based in Chicago, IL.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| FarEye | Venture Capital-Backed | Chicago, IL |
Wheelocity Signals
Wheelocity Investors (11)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Alteria Capital | Venture Capital | Minority | ||
| The Goldman Sachs Group | Investment Bank | Minority | ||
| VMS Ventures | Corporation | Minority | ||
| Anicut Capital | Venture Capital | Minority | ||
| Lightspeed Venture Partners | Venture Capital | Minority |
Wheelocity FAQs
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When was Wheelocity founded?
Wheelocity was founded in 2021.
-
Where is Wheelocity headquartered?
Wheelocity is headquartered in Bengaluru, India.
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What is the size of Wheelocity?
Wheelocity has 250 total employees.
-
What industry is Wheelocity in?
Wheelocity’s primary industry is Logistics.
-
Is Wheelocity a private or public company?
Wheelocity is a Private company.
-
What is Wheelocity’s current revenue?
The current revenue for Wheelocity is .
-
How much funding has Wheelocity raised over time?
Wheelocity has raised $27.1M.
-
Who are Wheelocity’s investors?
Alteria Capital, The Goldman Sachs Group, VMS Ventures, Anicut Capital, and Lightspeed Venture Partners are 5 of 11 investors who have invested in Wheelocity.
-
Who are Wheelocity’s competitors?
FarEye is a competitor of Wheelocity.
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