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
*********
- Legal Name Flywheel Exchange Llc
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Annual Revenue
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Net Profit
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EBITDA
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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
Employee Count
- 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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Medical imaging data is managed and analyzed efficiently.
Tasks are automated using open-source plug-ins provided.
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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.
- Total Funding Total Funding
- Total Rounds 11
- Last Round Series D — $16.4M
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First Round
First Round
(25 Oct 2018)
- Investors Count 19
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2025 | Amount | Series D - Flywheel | Valuation |
investors |
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| Oct, 2025 | Amount | Series D - Flywheel | Valuation |
investors |
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| Dec, 2024 | Amount | Series D - Flywheel | Valuation |
investors |
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| 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 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. 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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Investment and advisory services are provided for life sciences.
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Founded Year | Domain | Location | |
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Venture capital firm investing in technology, life sciences, and related sectors.
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Founded Year | Domain | Location | |
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Investments are made in growth-stage startups by Beringea.
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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 Flywheel
Flywheel has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Radiologics. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| 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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2008 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Flywheel
| 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 |
Flywheel Comparisons
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. 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 |
Cloud based enterprise data preparation and management platform
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| domain | founded_year | HQ Location |
An AI-powered platform for data integration and management is developed.
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| domain | founded_year | HQ Location |
SaaS based eDiscovery
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| domain | founded_year | HQ Location |
Cloud-based platform for healthcare and consumer data management is utilized.
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| domain | founded_year | HQ Location |
Data processing tasks are automated via AI-driven management solutions.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Flywheel
Frequently Asked Questions about Flywheel
When was Flywheel founded?
Flywheel was founded in 2015 and raised its 1st funding round 3 years after it was founded.
Where is Flywheel located?
Flywheel is headquartered in Minneapolis, United States. It is registered at Minneapolis, Minnesota, United States.
Is Flywheel a funded company?
Flywheel is a funded company, having raised a total of $142.5M across 11 funding rounds to date. The company's 1st funding round was a Series D of $20M, raised on Oct 25, 2018.
What does Flywheel do?
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.
Who are the top competitors of Flywheel?
Flywheel's top competitors include Nexla, Informatica and Indico Data.
What products or services does Flywheel offer?
Flywheel offers Flywheel Platform and Flywheel Gears.
How many acquisitions has Flywheel made?
Flywheel has made 1 acquisition, including Radiologics.
Who are Flywheel's investors?
Flywheel has 19 investors. Key investors include Microsoft, KeyBank, Hewlett Packard Enterprise, Intuitive, and Gates Foundation.
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