About Wheelscanning
Wheelscanning is a company based in Varnamo (Sweden) founded in 2020.. Wheelscanning has raised $578.95 thousand across 1 funding round from investors including Saab and Almi Invest. Wheelscanning offers products and services including Wheelscan, Wheelspec, and Rim Wheelspec. Wheelscanning operates in a competitive market with competitors including Bythjul, CityDack, Zenises, Däckcentrum and Valla Dack, among others.
- Headquarter Varnamo, Sweden
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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 Wheelscanning Sweden Ab
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$578.95 K (USD)
in 1 rounds
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Latest Funding Round
$578.95 K (USD), Seed
Nov 12, 2020
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Investors
Saab
& 1 more
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Employee Count
Employee Count
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Products & Services of Wheelscanning
Wheelscanning offers a comprehensive portfolio of products and services, including Wheelscan, Wheelspec, and Rim Wheelspec. 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.
Measures tire tread depth using stereocamera technology for accuracy.
Analyzes wheel specifications to support automotive maintenance.
Provides data on rim conditions for enhanced tire handling.
Funding Insights of Wheelscanning
Wheelscanning has successfully raised a total of $578.95K through 1 strategic funding round. The most recent funding activity was a Seed round of $578.95 thousand completed in November 2020. 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 1
- Last Round Seed — $578,945
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First Round
First Round
(12 Nov 2020)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2020 | Amount | Seed - Wheelscanning | 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 Wheelscanning
Wheelscanning has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Saab and Almi Invest. 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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Multiple sectors are invested in by corporate-backed Almi Invest.
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Founded Year | Domain | Location | |
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Offers products, services and solutions to military defence and civil security sectors
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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 Wheelscanning
| 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 - Wheelscanning
| 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 |
Wheelscanning Comparisons
Competitors of Wheelscanning
Wheelscanning 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 Bythjul, CityDack, Zenises, Däckcentrum and Valla Dack, 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 B2C & B2B tire retailer
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| domain | founded_year | HQ Location |
An online platform is operated for purchasing automotive tires.
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| domain | founded_year | HQ Location |
Offers tyre subscriptions, brands, and automotive services for long-term relationships.
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| domain | founded_year | HQ Location |
Tire retailing, repair, and fitting services are provided.
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| domain | founded_year | HQ Location |
Car tires are retailed online by Valla Dack in Sweden.
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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 Wheelscanning
When was Wheelscanning founded?
Wheelscanning was founded in 2020.
Where is Wheelscanning located?
Wheelscanning is headquartered in Varnamo, Sweden. It is registered at Varnamo, Jonkoping County, Sweden.
Who is the current CEO of Wheelscanning?
Carl Holmander is the current CEO of Wheelscanning.
Is Wheelscanning a funded company?
Wheelscanning is a funded company, having raised a total of $578.95K across 1 funding round to date. The company's 1st funding round was a Seed of $578.95K, raised on Nov 12, 2020.
What does Wheelscanning do?
Wheelscanning, backed by 578945.0 from Saab, Almi Invest, focuses on auto, auto retail aftersales, tires wheels, and diversified. Provider of wheels scanning services. Driving innovation, growth, and excellence in its industry sectors. It continues to evolve, meeting industry challenges with strategic approaches.
Who are the top competitors of Wheelscanning?
Wheelscanning's top competitors include Bythjul, CityDack and Gummigrossen.
What products or services does Wheelscanning offer?
Wheelscanning offers Wheelscan, Wheelspec, and Rim Wheelspec.
Who are Wheelscanning's investors?
Wheelscanning has 2 investors. Key investors include Saab, and Almi Invest.