About Netwheels
Netwheels is a company based in Vantaa (Finland) founded in 1999 was acquired by Alma Media in January 2024.. Netwheels offers products and services including GT-X, Autohuuto, Vilkku, and Tietopalvelut. Netwheels operates in a competitive market with competitors including Reynolds and Reynolds, Upstart, CDK Global, Tekion and Seez, among others.
- Headquarter Vantaa, Finland
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
*********
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Website
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Social
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- Legal Name Netwheels Oy
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Alma Media
(Jan 18, 2024)
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Products & Services of Netwheels
Netwheels offers a comprehensive portfolio of products and services, including GT-X, Autohuuto, Vilkku, and Tietopalvelut. 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.
Platform for car modeling and inventory management services
System for online car auctions and trading
Tool for vehicle data and market insights
Provider of automotive market data and analysis
Funding Insights of Netwheels
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Netwheels
Netwheels has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Alma Media. 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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Media company focusing on digital services and publishing
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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 Netwheels
| 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 - Netwheels
| 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 |
Netwheels Comparisons
Competitors of Netwheels
Netwheels 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 Reynolds and Reynolds, Upstart, CDK Global, Tekion and Seez, 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 |
Software and services for automotive dealership retailing are provided.
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| domain | founded_year | HQ Location |
Diversified loans are provided via an AI-enabled online marketplace.
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| domain | founded_year | HQ Location |
Cloud-driven management systems for auto dealerships are provided.
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| domain | founded_year | HQ Location |
AI and cloud-driven systems for auto dealership management are provided.
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| domain | founded_year | HQ Location |
Developer of an online P2P marketplace for used cars
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| domain | founded_year | HQ Location |
Dealership management solutions are provided for automotive dealers.
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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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Frequently Asked Questions about Netwheels
When was Netwheels founded?
Netwheels was founded in 1999.
Where is Netwheels located?
Netwheels is headquartered in Vantaa, Finland.
Who is the current CEO of Netwheels?
Ville Fernelius is the current CEO of Netwheels.
What does Netwheels do?
Netwheels was founded in 1999 and is headquartered in Vantaa, Finland. Operations management solutions are provided for automotive dealerships through a platform that includes sales management, customer management, and related functionalities. The company operates in the automotive sector, focusing on streamlining dealership processes. Services are delivered via the domain netwheels.fi, supporting efficiency in daily operations for clients in the region.
Who are the top competitors of Netwheels?
Netwheels's top competitors include Upstart, Reynolds and Reynolds and Seez.
What products or services does Netwheels offer?
Netwheels offers GT-X, Autohuuto, Vilkku, and Tietopalvelut.
Who are Netwheels's investors?
Netwheels has 1 investor. Key investors include Alma Media.