About Whizz
Whizz is a company based in New York (United States) founded in 2022 by Artem Serbovka, Mike Peregudov, Alex Mironov, and Ksenia Proka. It operates as a Rent-to-Own, and Subscription Services. Whizz has raised $15.4 million across 2 funding rounds from investors including TMT Investments, JointJourney and s16vc. Whizz offers products and services including Storm, Storm-2, Monster, and Battery Swapping.
- Headquarter New York, United States
- Founders Artem Serbovka, Mike Peregudov, Alex Mironov, Ksenia Proka
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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
*********
- Legal Name Whizz
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$15.4 M (USD)
in 2 rounds
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Latest Funding Round
$12 M (USD), Series A
Jun 05, 2024
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Investors
TMT Investments
& 4 more
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Employee Count
Employee Count
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Products & Services of Whizz
Whizz offers a comprehensive portfolio of products and services, including Storm, Storm-2, Monster, and Battery Swapping. 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.
E-bike rental offered for efficient urban delivery services.
Advanced e-bike provided for longer delivery range needs.
Heavy-duty e-bike designed for long-distance delivery tasks.
Battery swap service provided for uninterrupted e-bike usage.
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Funding Insights of Whizz
Whizz has successfully raised a total of $15.4M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $12 million completed in June 2024. 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 Series A — $12.0M
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First Round
First Round
(13 Apr 2023)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2024 | Amount | Series A - Whizz | Valuation | Leta Capital , Flashpoint |
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| Apr, 2023 | Amount | Seed - Whizz | Valuation | JointJourney , TMT Investments |
| 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 Whizz
Whizz has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include TMT Investments, JointJourney and s16vc. 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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Venture capital firm focused on big data, fintech, and bio tech companies
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Founded Year | Domain | Location | |
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Early-stage tech startups are invested in by TMT Investments.
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Founded Year | Domain | Location | |
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Multiple sectors are invested in by S16vc venture capital firm.
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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 Whizz
| 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 - Whizz
| 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 |
Whizz Comparisons
Competitors of Whizz
| 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 Whizz
When was Whizz founded?
Whizz was founded in 2022 and raised its 1st funding round 1 year after it was founded.
Where is Whizz located?
Whizz is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Whizz?
Mike Peregudov is the current CEO of Whizz. They have also founded this company.
Is Whizz a funded company?
Whizz is a funded company, having raised a total of $15.4M across 2 funding rounds to date. The company's 1st funding round was a Seed of $3.4M, raised on Apr 13, 2023.
What does Whizz do?
E-bike rental services are offered by Whizz to support gig economy delivery workers across multiple US cities. Solutions are provided in the personal mobility sector, focusing on affordable access to high-cost equipment. Various models like Storm, Storm-2, and Monster are made available for different delivery needs. Additional services such as battery swapping and maintenance are included to ensure uninterrupted operations. Operations are conducted in urban areas including New York, Chicago, and San Francisco, targeting efficiency and cost savings for riders.
What products or services does Whizz offer?
Whizz offers Storm, Storm-2, Monster, and Battery Swapping.
Who are Whizz's investors?
Whizz has 5 investors. Key investors include TMT Investments, JointJourney, s16vc, Leta Capital, and Flashpoint.