About Wheely
Wheely is a company based in London (United Kingdom) founded in 2010 by Pavel Bocharov and Anton Chirkunov.. Wheely has raised $96.6 million across 6 funding rounds from investors including Oleg Tscheltzoff, Misha Sokolov and Dmitry Eremeev. Wheely operates in a competitive market with competitors including Uber, Gett, Veezu, OUNO App and Sheffield City Taxis, among others.
- Headquarter London, United Kingdom
- Founders Pavel Bocharov, Anton Chirkunov
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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 Wheely Technologies Ltd
- Date of Incorporation 16 Mar, 2012
- Jurisdiction BRENTFORD, ENGLAND
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$96.6 M (USD)
in 6 rounds
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Latest Funding Round
$20.5 M (USD), Series B
Dec 18, 2023
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Investors
Concentric
& 3 more
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Employee Count
Employee Count
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Operations Team
8 people
Creative and Marketing Team
5 people
Software Development Team
5 people
Senior Team
4 people
Sales and Marketing
3 people
Leadership Team
2 people
Human Resources and Administration
2 people
Finance and Accounting
1 people
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Funding Insights of Wheely
Wheely has successfully raised a total of $96.6M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $20.5 million completed in December 2023. 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 — $20.5M
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First Round
First Round
(01 Jun 2016)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2023 | Amount | Series B - Wheely | Valuation |
investors |
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| Jun, 2021 | Amount | Series B - Wheely | Valuation |
investors |
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| Apr, 2020 | Amount | Series B - Wheely | 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 Wheely
Wheely has secured backing from 4 investors, including angel and venture fund investors. Prominent investors backing the company include Oleg Tscheltzoff, Misha Sokolov and Dmitry Eremeev. 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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Early-stage investments in software companies are targeted by Concentric VC.
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Founded Year | Domain | Location | |
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OT
Oleg Tscheltzoff |
Co-founder of Fotolia, angel investor in Indian startups, serial entrepreneur
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Founded Year | Domain | Location |
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MS
Misha Sokolov |
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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 Wheely
| 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 - Wheely
| 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 |
Wheely Comparisons
Competitors of Wheely
Wheely 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 Uber, Gett, Veezu, OUNO App and Sheffield City Taxis, 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 |
An online platform providing ride-hailing and food delivery services
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| domain | founded_year | HQ Location |
Rides are hailed through an app-based platform.
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| domain | founded_year | HQ Location |
Private hire taxi-operator
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| domain | founded_year | HQ Location |
Rides are aggregated and booked via a mobile application.
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| domain | founded_year | HQ Location |
Ride-hailing services are aggregated via app for Sheffield users.
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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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Latest news on Wheely
Frequently Asked Questions about Wheely
When was Wheely founded?
Wheely was founded in 2010 and raised its 1st funding round 6 years after it was founded.
Where is Wheely located?
Wheely is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of Wheely?
Anton Chirkunov is the current CEO of Wheely. They have also founded this company.
Is Wheely a funded company?
Wheely is a funded company, having raised a total of $96.6M across 6 funding rounds to date.
What does Wheely do?
Wheely was founded in 2010 and is headquartered in London, United Kingdom. Operations focus on the ride-hailing sector, where an app serves as the primary aggregator. Bookings are facilitated by users submitting location data, personal details, payment information, and preferred timings. Services connect passengers with available rides across urban areas, emphasizing efficient matching and transaction handling in the transportation industry.
Who are Wheely's investors?
Wheely has 4 investors. Key investors include Oleg Tscheltzoff, Misha Sokolov, Dmitry Eremeev, and Concentric.
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