About Take Wheels
Take Wheels is a company based in Los Angeles (United States) founded in 2017 was acquired by Helbiz in December 2022.. Take Wheels has raised $95.5 million across 6 funding rounds from investors including Crosscut Ventures, Wavemaker Partners and Helbiz. Take Wheels operates in a competitive market with competitors including JUMP Bikes, JOCO, RideKC Bike, Link Dayton and VAIMOO, among others.
- Headquarter Los Angeles, United States
-
Sectors
Transportation, Automotive & Logistics
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$95.5 M (USD)
in 6 rounds
-
Latest Funding Round
$50 M (USD), Series B
Oct 15, 2019
-
Investors
Crosscut Ventures
& 8 more
-
Employee Count
Employee Count
-
Acquired by
Helbiz
(Dec 12, 2022)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Unlock access to complete
Unlock access to complete
Funding Insights of Take Wheels
Take Wheels has successfully raised a total of $95.5M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $50 million completed in October 2019. 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 6
- Last Round Series B — $50.0M
-
First Round
First Round
(24 Aug 2018)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2019 | Amount | Series B - Take Wheels | Valuation | DBL Partners | |
| Aug, 2019 | Amount | Series A - Take Wheels | Valuation |
investors |
|
| Feb, 2019 | Amount | Series A - Take Wheels | Valuation | Wavemaker Partners |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Take Wheels
Take Wheels has secured backing from 9 investors, including venture fund and angel investors. Prominent investors backing the company include Crosscut Ventures, Wavemaker Partners and Helbiz. 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 |
|---|---|---|---|---|
|
Early-stage tech startups are invested in globally by TDK Ventures.
|
Founded Year | Domain | Location | |
|
Venture capital investments are directed toward multiple sectors.
|
Founded Year | Domain | Location | |
|
Investments in early-stage technology companies are made by Wavemaker Partners.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Take Wheels
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Take Wheels
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Take Wheels Comparisons
Competitors of Take Wheels
Take Wheels 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 JUMP Bikes, JOCO, RideKC Bike, Link Dayton and VAIMOO, 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 |
Online platform offering electric bicycle sharing system
|
|
| domain | founded_year | HQ Location |
Electric bicycle rentals are facilitated via an app-based platform.
|
|
| domain | founded_year | HQ Location |
Offers an app-based platform for self-drive bicycle rentals.
|
|
| domain | founded_year | HQ Location |
Offers bike sharing services for last-mile urban travel and community cycling in Dayton.
|
|
| domain | founded_year | HQ Location |
End-to-end SaaS platform for micromobility fleet management is provided.
|
|
| domain | founded_year | HQ Location |
An app-based platform for convenient bicycle rentals.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Take Wheels
Frequently Asked Questions about Take Wheels
When was Take Wheels founded?
Take Wheels was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is Take Wheels located?
Take Wheels is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Is Take Wheels a funded company?
Take Wheels is a funded company, having raised a total of $95.5M across 6 funding rounds to date.
What does Take Wheels do?
Wheels was founded in 2017 in Los Angeles, United States, within the urban micro-mobility sector. A shared platform for electric bicycles is operated, focusing on dockless systems in city environments. Partnerships are maintained with administrations, campuses, enterprises, and communities to support bike-sharing networks. Services allow users to locate available bikes, complete bookings, and process payments via dedicated apps on Android and iOS devices.
Who are the top competitors of Take Wheels?
Take Wheels's top competitors include JUMP Bikes, VAIMOO and JOCO.
Who are Take Wheels's investors?
Take Wheels has 9 investors. Key investors include Crosscut Ventures, Wavemaker Partners, Helbiz, TDK Ventures, and DBL Partners.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.