About Rowheels
Rowheels is a company based in Madison (United States) founded in 2011.. Rowheels has raised $2.48 million across 4 funding rounds from investors including WISC Partners. The company has 21 employees as of December 31, 2021. Rowheels offers products and services including Rowheels LX and Rowheels HX. Rowheels operates in a competitive market with competitors including Arcatron, WHILL, Kalogon Smart Cushion, Permobil and Shanghai Bangbang Robot, among others.
- Headquarter Madison, United States
- Employees 21 as on 31 Dec, 2021
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
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- Legal Name Rowheels, Inc.
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Annual Revenue
$00as on Oct 11, 2012
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Net Profit
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EBITDA
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Total Equity Funding
$2.48 M (USD)
in 4 rounds
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Latest Funding Round
$400 K (USD), Seed
Oct 10, 2017
- Investors
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Employee Count
21
as on Dec 31, 2021
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Products & Services of Rowheels
Rowheels offers a comprehensive portfolio of products and services, including Rowheels LX and Rowheels HX. 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.
Provides mechanical advantage to reduce effort and prevent injuries.
Offers high-speed propulsion for responsive and quick maneuvers.
Funding Insights of Rowheels
Rowheels has successfully raised a total of $2.48M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $400 thousand completed in October 2017. 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 4
- Last Round Seed — $400,000
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First Round
First Round
(11 Oct 2012)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2017 | Amount | Seed - Rowheels | Valuation |
investors |
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| Dec, 2015 | Amount | Seed - Rowheels | Valuation | WISC Partners |
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| Apr, 2015 | Amount | Seed - Rowheels | 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 Rowheels
Rowheels has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include WISC Partners. 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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WISC Partners is engaged in providing expansion and acceleration capital.
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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 Rowheels
| 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 - Rowheels
| 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 |
Rowheels Comparisons
Competitors of Rowheels
Rowheels 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 Arcatron, WHILL, Kalogon Smart Cushion, Permobil and Shanghai Bangbang Robot, 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 |
Assisted mobility and elderly care devices are provided by Arcatron.
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| domain | founded_year | HQ Location |
Personal electric wheelchairs for mobility support are developed.
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| domain | founded_year | HQ Location |
Manufacturer of wheelchairs
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| domain | founded_year | HQ Location |
Electric-powered wheelchairs and mobility products are developed and manufactured.
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| domain | founded_year | HQ Location |
Assistive robotic solutions for mobility-impaired individuals are provided.
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| domain | founded_year | HQ Location |
Smart wheelchairs for mobility-impaired users are controlled via head movements.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Rowheels
When was Rowheels founded?
Rowheels was founded in 2011 and raised its 1st funding round 1 year after it was founded.
Where is Rowheels located?
Rowheels is headquartered in Madison, United States. It is registered at Madison, Wisconsin, United States.
Is Rowheels a funded company?
Rowheels is a funded company, having raised a total of $2.48M across 4 funding rounds to date. The company's 1st funding round was a Seed of $390.01K, raised on Oct 11, 2012.
How many employees does Rowheels have?
As of Dec 31, 2021, the latest employee count at Rowheels is 21.
What does Rowheels do?
Rowheels was founded in 2011 in Madison, United States, within the assistive mobility sector. Wheelchair wheels are developed that enable propulsion through a pulling action on handrims, engaging upper back muscles for forward movement. Effort required is minimized, and strain on shoulders, joints, and muscles is reduced compared to traditional pushing methods. Operations focus on manufacturing and distribution of these specialized mobility aids.
Who are the top competitors of Rowheels?
Rowheels's top competitors include WHILL, Arcatron and Kalogon Smart Cushion.
What products or services does Rowheels offer?
Rowheels offers Rowheels LX and Rowheels HX.
Who are Rowheels's investors?
Rowheels has 1 investor. Key investors include WISC Partners.