About Wheelnews
Wheelnews is a company based in Freudenstadt (Germany) founded in 2011 was acquired by IRS Holding in December 2017.. Wheelnews offers products and services including Wheel Repair Service and Packaging and Shipping. Wheelnews operates in a competitive market with competitors including Best4Tires Holding, Reifen Baierlacher, Pneuhage, Reifen and gommadiretto, among others.
- Headquarter Freudenstadt, Germany
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
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Social
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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
IRS Holding
(Dec 19, 2017)
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Products & Services of Wheelnews
Wheelnews offers a comprehensive portfolio of products and services, including Wheel Repair Service and Packaging and Shipping. 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.
Online service for repairing damaged vehicle wheels and rims
System for secure packaging and return of repaired items
Funding Insights of Wheelnews
| 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 Wheelnews
Wheelnews has secured backing from 1 investor. Prominent investors backing the company include IRS Holding. 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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Automotive repair and maintenance services are provided by IRS Holding.
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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 Wheelnews
| 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 - Wheelnews
| 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 |
Wheelnews Comparisons
Competitors of Wheelnews
Wheelnews 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 Best4Tires Holding, Reifen Baierlacher, Pneuhage, Reifen and gommadiretto, 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 |
Automotive wheels, rims, and tires are manufactured in Germany.
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| domain | founded_year | HQ Location |
Automotive tire repair and maintenance services are provided.
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| domain | founded_year | HQ Location |
Offers online tire sales, vehicle maintenance, and repair services in Germany.
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| domain | founded_year | HQ Location |
Provider of motorcycle rims, tires, and accessories services
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| domain | founded_year | HQ Location |
Manages an e-commerce store specializing in tyres.
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| domain | founded_year | HQ Location |
Offers tyre subscriptions, brands, and automotive services for long-term relationships.
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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 Wheelnews
When was Wheelnews founded?
Wheelnews was founded in 2011.
Where is Wheelnews located?
Wheelnews is headquartered in Freudenstadt, Germany. It is registered at Freudenstadt, Baden-wurttemberg, Germany.
What does Wheelnews do?
Wheelnews was established in 2011 and is headquartered in Freudenstadt, Germany. Operations focus on the manufacturing of wheels within the automotive and industrial sectors. Repair services for wheels are also handled, supporting maintenance needs for various applications. The company maintains an online presence through its domain, wheelnews.de, facilitating access to its offerings across the region. Activities are centered on production and service delivery in the European market.
Who are the top competitors of Wheelnews?
Wheelnews's top competitors include Reifen Baierlacher, Reifen and Goodyear Ventech.
What products or services does Wheelnews offer?
Wheelnews offers Wheel Repair Service and Packaging and Shipping.
Who are Wheelnews's investors?
Wheelnews has 1 investor. Key investors include IRS Holding.