About WheelRight
WheelRight is a company based in Oxford (United Kingdom) founded in 2004.. WheelRight has raised $4.2 million across 2 funding rounds from investors including Calculus Capital and Snider Fleet. The company has 21 employees as of December 31, 2021. WheelRight offers products and services including Pressure-in-Motion, Tread Imaging, Sidewall Imaging, Vehicle Imaging, and Weigh-in-Motion. WheelRight operates in a competitive market with competitors including Aperia Tech, TREEL, SENASIC, Tymtix and Ruedata, among others.
- Headquarter Oxford, United Kingdom
- Employees 21 as on 31 Dec, 2021
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Sectors
TechnologyTransportation, 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 Wheelright Limited
- Date of Incorporation 28 Apr, 2004
- Jurisdiction BEGBROKE, OXFORDSHIRE
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$4.2 M (USD)
in 2 rounds
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Latest Funding Round
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Investors
Calculus Capital
& 1 more
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Employee Count
21
as on Dec 31, 2021
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Products & Services of WheelRight
WheelRight offers a comprehensive portfolio of products and services, including Pressure-in-Motion, Tread Imaging, Sidewall Imaging, Vehicle Imaging, and Weigh-in-Motion. 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.
System for checking tyre pressure via drive-over sensors.
Technology to image and assess tyre tread conditions quickly.
Method for scanning tyre sidewalls for damage and wear.
Tool for overall vehicle imaging during safety checks.
Sensors to measure vehicle weight in real-time accurately.
System for monitoring tyre temperature to prevent failures.
Funding Insights of WheelRight
WheelRight has successfully raised a total of $4.2M across 2 strategic funding rounds. 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 2
- Last Round Last Round
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First Round
First Round
(29 Jul 2014)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2020 | Amount | Private Equity Round - WheelRight | Valuation | Snider Fleet |
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| Jul, 2014 | Amount | Private Equity Round - WheelRight | Valuation |
investors |
| 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 WheelRight
WheelRight has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Calculus Capital and Snider Fleet. 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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UK venture capital investments are managed by Calculus Capital.
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Founded Year | Domain | Location | |
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Provides comprehensive services for commercial tires and mechanical repairs to support fleet operations.
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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 WheelRight
| 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 - WheelRight
| 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 |
Wheelright Comparisons
Competitors of WheelRight
WheelRight 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 Aperia Tech, TREEL, SENASIC, Tymtix and Ruedata, 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 |
Provider of automatic tire inflation monitoring system
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| domain | founded_year | HQ Location |
Tyres are manufactured by TREEL, established in 2017 in Pune.
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| domain | founded_year | HQ Location |
IoT-based sensors and chips are supplied for automotive electronics.
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| domain | founded_year | HQ Location |
Delivers comprehensive systems for tire pressure measurement.
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| domain | founded_year | HQ Location |
AI-driven data analytics for automotive tire management is provided.
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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 WheelRight
When was WheelRight founded?
WheelRight was founded in 2004 and raised its 1st funding round 10 years after it was founded.
Where is WheelRight located?
WheelRight is headquartered in Oxford, United Kingdom. It is registered at Oxford, Oxfordshire, United Kingdom.
Is WheelRight a funded company?
WheelRight is a funded company, having raised a total of $4.2M across 2 funding rounds to date. The company's 1st funding round was a Private Equity Round of $4.2M, raised on Jul 29, 2014.
How many employees does WheelRight have?
As of Dec 31, 2021, the latest employee count at WheelRight is 21.
What does WheelRight do?
Founded in 2004 in Oxford, United Kingdom, WheelRight operates within the tire management sector for transport fleets. Road-mounted sensor plates are employed to assess tire pressures across vehicle axles. Power units and trailers are identified through imaging technologies. Alerts are sent via email to transport personnel, noting issues such as under-inflation, over-inflation, reduced tread depth, axle overloads, and elevated temperatures.
Who are the top competitors of WheelRight?
WheelRight's top competitors include Aperia Tech, Ruedata and TREEL.
What products or services does WheelRight offer?
WheelRight offers Pressure-in-Motion, Tread Imaging, Sidewall Imaging, Vehicle Imaging, and 2 more products and services.
Who are WheelRight's investors?
WheelRight has 2 investors. Key investors include Calculus Capital, and Snider Fleet.
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