Wheelz
San Francisco
About Wheelz
Wheelz (www.wheelz.com) is an early stage, venture backed start-up that is introducing a better approach to personal transportation and car ownership. Wheelz peer-to-peer car sharing platform provides a compelling economic opportunity for car owners to securely lease their vehicles on an hourly or daily basis, and a convenient and affordable personal transportation solution for those who don’t own a car. Cars are the second largest personal asset class on the American balance sheet. They are chronically under-utilized -- most vehicles are parked 23 of 24 hours daily --; and they begin losing value the minute they drive off the lot. The current model – high-value, rapidly depreciating, poorly utilized – of car ownership is busted. Wheelz is un-busting it; introducing a more efficient model of car ownership, a model that is more responsible for the planet and the pocketbook.
Company Facts
- Operating status: Closed
- Company type: For Profit
- IPO status: Private
- Employees: 11 – 50
- Estimated revenue: $1K – $10K
- Total funding: $15.7M
- Funding stage: M&A
- Last round: Series A (Feb 2012)
- Website: wheelz.com
- Phone: [email protected]
Industries & Categories
Automotive, Collaborative Consumption, Insurance, Logistics, Sharing Economy
Social Profiles
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