About Cartwheel
Cartwheel is a Transportation, Automotive & Logistics company based in Canada founded in 2012 by Alex Vasilkin and Magdim Metshin. Web-based on-demand delivery management software is provided by Cartwheel. It operates on a SaaS (Software-as-a-Service) and Managed Services model. Cartwheel has raised $4 million across 3 funding rounds from investors including Portillo's, Moonshots Capital and Chingona Ventures. Its website trycartwheel.com draws about 37 thousand monthly visits. Cartwheel offers products and services including Cartwheel Delivery Management Software, Hybrid Delivery System, and Real-time Tracking. Its focus areas include Technology, Software, Delivery Management Software and Hospitality.
Company details
Delivery management software and solutions are offered by Cartwheel to streamline operations for restaurants, courier companies, and retail businesses. Focus is placed on hybrid delivery systems integrating in-house and third-party services, real-time tracking for transparency, and marketing tools for brand enhancement. Sectors served include food service and logistics, with integrations to over 30 platforms like Toast and Uber Direct. Advanced features such as AI-optimized routing and auto-dispatch are utilized to improve efficiency and customer satisfaction.
- Headquarters Canada
- Founders Alex Vasilkin, Magdim Metshin
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Phone•••• ••••
- Website trycartwheel.com
- Social LinkedIn X
- Total Equity Funding$4M (USD)
in 3 rounds
- Latest Funding Round$1.49M (USD), Debt – Conventional
Mar 2024
- InvestorsPortillo's
& 6 more
Products & Services of Cartwheel
Cartwheel offers a comprehensive portfolio of products and services, including Cartwheel Delivery Management Software, Hybrid Delivery System, and Real-time Tracking.
Delivery management software for restaurants and couriers provided.
Hybrid delivery integrates in-house and third-party services efficiently.
Real-time tracking ensures transparency for businesses and customers.
Apps and channels of Cartwheel
Cartwheel publishes 1 mobile app with over 10K+ downloads.
Funding Insights of Cartwheel
Cartwheel has successfully raised a total of $4M across 3 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $1.49 million completed in March 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 $4M
- Total Rounds 3
- Last Round Debt – Conventional — $1.49M
- First Round $1M
(May 2021)
- Investors Count 7
All 3 funding rounds of Cartwheel with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2024 | $1.49M | Debt – Conventional | – | – | – |
| Apr 2022 | $3M | Seed | – | Moonshots Capital | |
| May 2021 | $1M | Seed | – | TenOneTen |
7 investors in total: 7 institutional.
Investors in Cartwheel
Cartwheel has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Portillo's, Moonshots Capital and Chingona Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Seed-stage tech startups founded by veterans are funded. | moonshotscapital.com | Los Angeles, United States | ||
Chingona Ventures is focused on investing in early-stage startups. | chingona.ventures | |||
Act One Ventures is engaged in early-stage venture capital investments. | 2016 | actoneventures.com | ||
Venture capital fund investing in pre-seed and seed stage startups | pitbull.vc | Los Angeles, United States | ||
Early-stage investments are provided to technical teams by TenOneTen Ventures. | tenoneten.com | Los Angeles, United States | ||
Early-stage investments are provided to technical teams by TenOneTen Ventures. | tenoneten.net | |||
Limited-service restaurants are operated as a chain by Portillo's. | 1963 | portillos.com | Oak Brook, United States |
Investor details for Cartwheel
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Cartwheel
11 people are tracked at Cartwheel (6 in leadership, 5 in team).
| Name | Role | Group |
|---|---|---|
Alex Vasilkin | Co-Founder | Leadership |
Magdim Metshin | Co-Founder | Leadership |
Serge Denisow | Head of Finance and Accounting | Leadership |
Kristina Bilyk | Head Of Customer Success And Service | Leadership |
Roman Shaburanov | Art Director | Leadership |
Tanya Krutko | Head Of Marketing | Leadership |
Daria Listopadova | Product Manager | Team |
Ekaterina Orlova | Brand Manager | Team |
Matt Adams | Enterprise Onboarding Manager | Team |
Allison Champion | Communications Advisor | Team |
Vincenzo Puleio | Business Developement | B2b Restaurant Saas | Team |
Complete people profiles for Cartwheel
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Cartwheel
3 dated milestones of Cartwheel across 12 years, from founding to its latest funding, stage changes and deals.
- Founded Cartwheel is founded.
- Funding First funding round of $1.0M.
- Funding Latest funding round, Debt – Conventional, of $1.5M.
Web traffic of Cartwheel
The website of Cartwheel (trycartwheel.com) receives about 36.9K visits a month.
- Monthly visits36.9K
▼ 13.1% vs previous month
Websites whose visitors overlap most with Cartwheel. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| cartwheel.org | 100% | 27.5K | #838,221 | View details |
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Related news about Cartwheel
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Frequently Asked Questions about Cartwheel
Cartwheel was founded in 2012 and raised its 1st funding round 9 years after it was founded.
Cartwheel is headquartered in Canada.
Cartwheel is a funded company, having raised a total of $4M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1M, raised on May 2021.
Delivery management software and solutions are offered by Cartwheel to streamline operations for restaurants, courier companies, and retail businesses. Focus is placed on hybrid delivery systems integrating in-house and third-party services, real-time tracking for transparency, and marketing tools for brand enhancement. Sectors served include food service and logistics, with integrations to over 30 platforms like Toast and Uber Direct. Advanced features such as AI-optimized routing and auto-dispatch are utilized to improve efficiency and customer satisfaction.
Cartwheel offers Cartwheel Delivery Management Software, Hybrid Delivery System, and Real-time Tracking.
Cartwheel has 7 investors. Key investors include Portillo's, Moonshots Capital, Chingona Ventures, Act One Ventures, and Pitbull Ventures.
Yes. Cartwheel publishes Cartwheel Driver, with over 10,000 downloads.