# Ferriswheel

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ferriswheel

- Industry: Software
- Headquarters: London, UK
- Website: https://platform.ferriswheel.finance
- Total disclosed funding: $2M
- Latest round: Seed (May 17, 2021)
- Investors on record: 7

## About

Ferriswheel, based in the UK, provides tailored financial solutions for small to medium-sized enterprises (SMEs) to enhance their capital management through innovative financial tools and services.Founded in 2018, Ferriswheel specializes in financial solutions for SMEs, focusing on integrating tools for optimized cash flow and investment strategies. The company is headquartered in London, UK, and was co-founded by Bipin Bhanderi and Peter Wood, who has a background in financial technology. In May 2021, Ferriswheel raised USD 2.00 mn in a Seed funding round, with notable participation from investors such as Alphabit and Moonrock Capital. This funding supports the company's ongoing development efforts.Ferriswheel Finance specializes in providing innovative financial solutions tailored to the needs of small to medium-sized enterprises (SMEs) seeking to enhance their capital management. Their core offerings include a suite of financial management tools that integrate seamlessly with existing business operations, enabling clients to optimize cash flow and streamline investment strategies. The primary use cases target improved financial forecasting, efficient resource allocation, and enhanced visibility into capital expenditures. These products cater to various sectors including technology, retail, and services, with a focus on markets in North America and Europe.Ferriswheel Finance generates revenue through a subscription-based model, offering monthly and annual pricing plans for their flagship financial management software. Clients engage in direct transactions, purchasing subscriptions that grant access to a comprehensive suite of tools designed for enhanced financial oversight. The pricing structure is tiered, allowing businesses to select plans that best fit their operational scale and specific needs. Partnerships with financial service providers further bolster the company’s revenue streams, facilitating collaborative offerings that expand their market reach.In May 2021, Ferriswheel secured USD 2.00 mn in Seed funding to support the growth and development of its platform. The company plans to launch new financial management products aimed at enhancing user experience and functionality, with specific release dates to be determined. Additionally, Ferriswheel targets expansion into emerging markets in Asia and Australia by 2023, aiming to leverage its innovative solutions to meet new client needs effectively.

## Funding rounds

- Seed, May 17, 2021, $2M — Alphabit, Outliers Venture Capital, Moonrock Capital, Blocksync Ventures, Pluto Digital PLC, Momentum 6, Inclusion Capital

## Investors

- Alphabit (https://capitalatlas.ai/funds/alphabit) — Seed
- Outliers Venture Capital (https://capitalatlas.ai/funds/outliers-venture-capital) — Seed
- Moonrock Capital (https://capitalatlas.ai/funds/moonrock-capital) — Seed
- Blocksync Ventures — Seed
- Pluto Digital PLC — Seed
- Momentum 6 (https://capitalatlas.ai/funds/momentum-6) — Seed
- Inclusion Capital (https://capitalatlas.ai/funds/inclusion-capital) — Seed