# IntelliWheels

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

- Industry: Consumer Products
- Headquarters: Champaign, US
- Website: www.intelli-wheels.com
- Total disclosed funding: $0.2M
- Latest round: Series A (Aug 14, 2012)
- Investors on record: 3

## About

IntelliWheels Inc. is an innovative technology company focused on developing advanced mobility solutions for individuals with disabilities. Their products enhance independence and quality of life through cutting-edge designs and technology.IntelliWheels Inc. was founded in 2010 in Champaign, US, focusing on mobility solutions for those with disabilities. The company has successfully completed 4 deals, with their most recent funding round being a Grant of USD 1.5 mn from the National Institutes of Health on August 6, 2014. The total amount raised amounts to USD 0.23 mn. The founder's prior entrepreneurial history is not publicly documented.The company specializes in providing innovative solutions that cater to the mobility sector, focusing primarily on advanced wheelchair designs tailored for individuals with disabilities. These offerings are aimed at addressing specific challenges faced by users, enhancing their mobility and independence. Their flagship product incorporates smart technology, allowing users to navigate environments more effectively, thereby improving overall user experience. The company has established a diverse client base that includes healthcare facilities and individual consumers, primarily serving markets in North America and Europe.IntelliWheels generates revenue through a structured transaction model that includes direct sales and partnerships with healthcare providers. Clients engage through various channels, ensuring accessibility and convenience in acquiring their products. For instance, their direct sales model fosters long-term relationships and repeat business. These revenue streams contribute to the company’s financial health, facilitating continued innovation and growth in a competitive landscape.IntelliWheels plans to launch new products aimed at enhancing mobility solutions by 2025. They are targeting expansion into the European market, specifically in the UK and Germany, to increase their global footprint. The recent Grant funding of USD 1.5 mn will support product development and market entry strategies. Through these initiatives, the company aims to position itself for sustainable growth in the evolving mobility solutions industry.

## Funding rounds

- Series A, Aug 14, 2012, $0.2M — Serra Ventures, Crestlight, National Collegiate Inventors and Innovators Alliance

## Investors

- Serra Ventures (https://capitalatlas.ai/funds/serra-ventures) — Series A
- Crestlight (https://capitalatlas.ai/funds/crestlight) — Series A
- National Collegiate Inventors and Innovators Alliance — Series A