# Whizz

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

- Industry: Transportation Services
- Headquarters: New York, US
- Website: www.getwhizz.com
- Total disclosed funding: $8.4M
- Latest round: Series A (Jun 5, 2024)
- Investors on record: 3

## About

Based in New York, US, and founded in 2022, My Device, Inc., doing business as Whizz, operates as an e-bike rental service provider. The company was founded by its CEO, Mike Peregudov, and CPO, Ksenia Proka. In June 2024, Whizz raised USD 12 million in series A funding led by new investor LETA Capital, with participation from another new investor Flashpoint VC. Other unspecified investors also participated in the round.Whizz offers a subscription-based e-bike rental platform, which is a digital platform that provides eco-friendly transportation options with electric bikes with various features like GPS trackers, a backpack, a roomy basket, a u-lock, and a phone holder, providing safety during rides. The company’s product line includes electric bikes (Breeze and Storm) and a battery. In addition to e-bikes, the company also offers on-demand maintenance and same-day replacement services. The company generates revenue by offering its services on a subscription-based pricing plan. The price of the plan varies from USD 29 per month to USD 159 per month. The company will use the funding to grow its business offerings and broaden its market reach.

## Funding rounds

- Series A, Jun 5, 2024, $5M — LETA Capital
- Seed, Apr 11, 2023, $3.4M — TMT Investments, Joint Journey

## Investors

- TMT Investments (https://capitalatlas.ai/funds/tmt-investments) — Seed
- Joint Journey (https://capitalatlas.ai/funds/joint-journey) — Seed
- LETA Capital (https://capitalatlas.ai/funds/leta-capital) — Series A