Wheely: Series B Funding Round

Opinion 26.04.2019

Wheely: Series B Funding Round

London-based startup Wheely has raised a $15 million Series B round led by Concentric, with Oleg Tscheltzoff, Misha Sokolov and other investors also participating. The company wants to build an Uber competitor focused on the luxury market.

It’s a bit ironic when you think about it, as Uber started as a luxury company. But everybody knows someone with horrific Uber stories. That’s why Wheely is building a reliable and predictable ride-hailing experience.

The company is currently live in London, Moscow and St. Petersburg — Paris is coming this summer. It works with 3,500 drivers and currently has a run rate of $80 million in gross bookings.

Full Techcrunch article

Wheely website