Wheels Labs

Travel & LeisureSeries ALos Angeles, UStakewheels.com

Latest round

Series A

Last raised

Oct 2019

Total raised

$83M

Investors

7

About Wheels Labs

Wheels Labs, Inc.Founded in 2018 in Los Angeles, US, Wheels Labs, Inc. specializes in urban mobility solutions. In November 2022, Helbiz, Inc. acquired Wheels Labs, allowing it to expand operations to 67 markets globally.Wheels Labs, Inc. specializes in urban mobility solutions, offering a diverse range of services, including e-scooters and e-bikes that meet metropolitan transportation needs. These products are designed for efficiency and convenience, enabling users to navigate congested city streets while minimizing their carbon footprint.Wheels Labs generates revenue through direct-to-consumer sales within the mobility sector. Customers can access services via a subscription model or pay-per-ride transactions, providing flexibility based on user needs. The pricing of their e-scooter and e-bike rentals aims to be accessible to a broad audience, supported by partnerships with local governments and municipalities.Following the acquisition by Helbiz, Inc. The company aims to introduce new products while expanding its presence to additional metropolitan areas, strengthening its footprint in the urban mobility sector.

Who invested in Wheels Labs

7 investors across 3 rounds

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Funding rounds

  1. Series A

    Oct 15, 2019

    Amount

    $50M

    Investors

    Locked

  2. Series A

    Feb 19, 2019

    Amount

    Undisclosed

    Investors

    Locked

  3. Seed

    Aug 31, 2018

    Amount

    $33M

    Investors

    Locked

Questions about Wheels Labs

Who invested in Wheels Labs?

Wheels Labs has 7 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Wheels Labs raised?

Wheels Labs has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Wheels Labs last raise money?

Wheels Labs's most recent round on record is a Series A, in Oct 2019.

What does Wheels Labs do?

Wheels Labs is a travel & leisure company.

Where is Wheels Labs headquartered?

Wheels Labs is headquartered in Los Angeles, US.

Which VCs invest in companies like Wheels Labs?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back travel & leisure companies at Wheels Labs's stage. Their profiles are linked below.

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