About Cartwheel
Cartwheel is a company based in New York (United States) founded in 2023 by Andrew Carr and Jonathan Jarvis.. Cartwheel has raised $15.6 million across 2 funding rounds from investors including Runway, Accel and Khosla Ventures. Cartwheel operates in a competitive market with competitors including WSC Sports, VideoVerse, Metaphysic, Runway and Pictory, among others.
- Headquarter New York, United States
- Founders Andrew Carr, Jonathan Jarvis
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Sectors
TechnologyMedia & Entertainment
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Email
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$15.6 M (USD)
in 2 rounds
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Latest Funding Round
$10 M (USD), Series A
Dec 23, 2024
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Investors
Runway
& 14 more
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Employee Count
Employee Count
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Funding Insights of Cartwheel
Cartwheel has successfully raised a total of $15.6M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $10 million completed in December 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $10.0M
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First Round
First Round
(06 Jun 2024)
- Investors Count 15
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2024 | Amount | Series A - Cartwheel | Valuation | Craft Ventures | |
| Jun, 2024 | Amount | Seed - Cartwheel | Valuation | Accel |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Cartwheel
Cartwheel has secured backing from 15 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Runway, Accel and Khosla Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Accel is recognized as a leading venture capital firm.
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Founded Year | Domain | Location | |
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Early-stage startups are funded by this venture capital firm.
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Founded Year | Domain | Location | |
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A venture capital firm focused on early-stage human-first investments.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Cartwheel
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Cartwheel
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cartwheel Comparisons
Competitors of Cartwheel
Cartwheel operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as WSC Sports, VideoVerse, Metaphysic, Runway and Pictory, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI-powered platform for sports content creation and distribution is provided.
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| domain | founded_year | HQ Location |
AI-powered video editing and content management solutions are provided.
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| domain | founded_year | HQ Location |
AI-driven video solutions for face generation and editing are provided.
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| domain | founded_year | HQ Location |
AI tools for multimodal world simulations are developed.
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| domain | founded_year | HQ Location |
AI-powered video creation tools from text and media are provided.
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| domain | founded_year | HQ Location |
Conversational video interfaces and AI human models are developed.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Cartwheel
When was Cartwheel founded?
Cartwheel was founded in 2023 and raised its 1st funding round 1 year after it was founded.
Where is Cartwheel located?
Cartwheel is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Cartwheel?
Jonathan Jarvis is the current CEO of Cartwheel. They have also founded this company.
Is Cartwheel a funded company?
Cartwheel is a funded company, having raised a total of $15.6M across 2 funding rounds to date. The company's 1st funding round was a Seed of $5.6M, raised on Jun 06, 2024.
What does Cartwheel do?
Cartwheel is linked to an unspecified business activity. No detailed information about sectors, solutions, or operations is provided on the website. The scope of services or products remains unclear based on available content.
Who are the top competitors of Cartwheel?
Cartwheel's top competitors include WSC Sports, VideoVerse and Runway.
Who are Cartwheel's investors?
Cartwheel has 15 investors. Key investors include Runway, Accel, Khosla Ventures, WndrCo, and Human Ventures.