Cheelcare

Richmond Hill, Canada Founded: 2015 • Age: 11 yrs
Smart power wheelchairs are manufactured for elderly and disabled users.
Annual revenue - Latest available
Total funding $173,597 2 rounds
Employees - Tracked headcount
Investors - Known backers
Products - Services tracked
Competitors 7 Brand Intelligence

About Cheelcare

Cheelcare is a company based in Richmond Hill (Canada) founded in 2015 by Eugene Cherny and Dima Paltsev. Cheelcare has raised $173.6 thousand across 2 funding rounds. Cheelcare operates in a competitive market with competitors including Evika, Advanced Mobility, Argonault, Blue Horizon AI and Amysystems, among others.

  • Headquarter Richmond Hill, Canada
  • Founders Eugene Cherny, Dima Paltsev
  • Sectors
    Healthcare
    Transportation, Automotive & Logistics
  • Email
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  • Phone
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  • Website
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  • Social
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Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $173.6 K (USD)

    in 2 rounds

  • Latest Funding Round
    $2.13 M (USD), Post-IPO

    Jul 03, 2026

  • Investors
    Not available
  • Employee Count
    Not available
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People of Cheelcare

Headcount 1-10
Employee Profiles 6
Employee Profiles
People
Gennadiy Lisnyak
Chief Mechanical Engineer
People
Allex Laurin
Director of Marketing
People
Eugene Cherny
Founder & CEO
People
Dmitry Marukh
Director of Research & Development

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Funding Insights of Cheelcare

Cheelcare has successfully raised a total of $173.6K across 2 strategic funding rounds. The most recent funding activity was a Post-IPO round of $2.13 million completed in July 2026. 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.

Investments & Acquisitions by Cheelcare

Investments
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Investment portfolio details for Cheelcare

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Financial Statements - Cheelcare

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Cheelcare Comparisons

Cheelcare Primary company
Description
Smart power wheelchairs are manufactured for elderly and dis...
Location
Richmond Hill, Canada
Founded Year
2015
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Cheelcare

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Competitors of Cheelcare

Cheelcare 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 Evika, Advanced Mobility, Argonault, Blue Horizon AI and Amysystems, among others.

Company Name Domain Founded year HQ Location Description
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Assistive devices for disabled individuals are provided by Evika.
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Mobility assistance products including wheelchairs and scooters are manufactured.
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Power wheelchairs and mobility scooters are developed for differently-abled users.
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Develops innovative technologies for autonomous wheelchairs to assist the mobility impaired.
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Produces innovative power wheelchairs, seating, and walking aids for enhanced mobility support.
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Detailed competitors of Cheelcare

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Latest news on Cheelcare

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Frequently Asked Questions about Cheelcare

Cheelcare was founded in 2015 and raised its 1st funding round 10 years after it was founded.

Cheelcare is headquartered in Richmond Hill, Canada. It is registered at Richmond Hill, Ontario, Canada.

Eugene Cherny is the current CEO of Cheelcare. They have also founded this company.

Cheelcare is a funded company, having raised a total of $173.6K across 2 funding rounds to date.

Cheelcare was founded in 2015 and is based in Richmond Hill, Canada. Smart power wheelchairs are designed and developed by the company for elderly individuals and people with disabilities. Two models are offered: the Xceed with a 50 km range and the Curio with a 30 km range. Features include an automated reclining system, joystick controller, rear-view camera with HD display, proprietary software algorithms, and electromagnetic braking.

Cheelcare's top competitors include Evika, Argonault and Advanced Mobility.

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