About Flywheel
Flywheel is a company based in Minneapolis (United States) founded in 2015 by Gunnar Schaefer and Troy Kopischke. It operates as a SaaS (Software-as-a-Service) and Professional Services. Flywheel has raised $142.5 million across 11 funding rounds from investors including Microsoft, KeyBank and Hewlett Packard Enterprise. Flywheel has completed 1 acquisition, including Radiologics. Flywheel offers products and services including Flywheel Platform and Flywheel Gears. Flywheel operates in a competitive market with competitors including Informatica, Nexla, Onna, HealthVerity and Indico Data, among others.
- Headquarter Minneapolis, United States
- Founders Gunnar Schaefer, Troy Kopischke
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Sectors
TechnologyHealthcare Education
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Phone
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Website
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Social
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- Legal Name Flywheel Exchange Llc
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$142.5 M (USD)
in 11 rounds
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Latest Funding Round
$16.39 M (USD), Series D
Dec 23, 2025
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Investors
Microsoft
& 18 more
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Employee Count
Not available
- Investments & Acquisitions
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Products & Services of Flywheel
Flywheel offers a comprehensive portfolio of products and services, including Flywheel Platform and Flywheel Gears.
Medical imaging data is managed and analyzed efficiently.
Tasks are automated using open-source plug-ins provided.
People of Flywheel
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Funding Insights of Flywheel
Flywheel has successfully raised a total of $142.5M across 11 strategic funding rounds. The most recent funding activity was a Series D round of $16.39 million completed in December 2025. 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.
Investors in Flywheel
Flywheel has secured backing from 19 investors, including venture fund and institutional investors. Prominent investors backing the company include Microsoft, KeyBank and Hewlett Packard Enterprise.
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Investment and advisory services are provided for life sciences.
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Venture capital firm investing in technology, life sciences, and related sectors.
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Investments are made in growth-stage startups by Beringea.
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Investor details for Flywheel
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Investments & Acquisitions by Flywheel
Flywheel has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Radiologics.
Investment portfolio details for Flywheel
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Clinical trial software for imaging data management is offered.
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Complete acquisition details for Flywheel
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Financial Statements - Flywheel
Detailed financials for Flywheel
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Flywheel Comparisons
Peer comparison for Flywheel
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Competitors of Flywheel
Flywheel 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 Informatica, Nexla, Onna, HealthVerity and Indico Data, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Cloud based enterprise data preparation and management platform
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An AI-powered platform for data integration and management is developed.
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SaaS based eDiscovery
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Cloud-based platform for healthcare and consumer data management is utilized.
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Data processing tasks are automated via AI-driven management solutions.
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Detailed competitors of Flywheel
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Latest news on Flywheel
Complete news archive for Flywheel
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Frequently Asked Questions about Flywheel
Flywheel was founded in 2015 and raised its 1st funding round 3 years after it was founded.
Flywheel is headquartered in Minneapolis, United States. It is registered at Minneapolis, Minnesota, United States.
Flywheel is a funded company, having raised a total of $142.5M across 11 funding rounds to date.
Flywheel is recognized as a leading platform for medical imaging data management and analysis. Data discovery, curation, and automation of research workflows are facilitated for healthcare and life sciences sectors. Solutions are provided to pharmaceutical, biotech, clinical researchers, and medical device developers. AI development and multisite collaboration are supported through scalable, cloud-based tools. Imaging workflows are validated, and enterprise imaging is streamlined for various therapeutic areas like neuroscience and oncology.
Flywheel's top competitors include Nexla, Informatica and Indico Data.
Flywheel offers Flywheel Platform and Flywheel Gears.
Flywheel has made 1 acquisition, including Radiologics.
Flywheel has 19 investors. Key investors include Microsoft, KeyBank, Hewlett Packard Enterprise, Intuitive, and Gates Foundation.