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WheelsOn raises $12.5M to disrupt car rentals in the UAE, including $2.2M from MENA-focused investors like Xploration Capital, to expand its fleet and enhance product development.

PRIVATESep 02, 2025

Amount Raised

$12.5 Million

Round Type

Funding Round

DubaiTransportationAutomotiveinformation technology & services

Investors

Mena Focused Private InvestorsXploration Capital

Description

WheelsOn, a mobile-first car rental platform in the UAE, has closed a $12.5 million funding round. The funds will be used to expand its fleet and accelerate product development. The company aims to improve the car rental experience with advanced AI tools and digital solutions. Founded in 2023, WheelsOn offers a transparent and convenient rental process.

Who else raised in Transportation and Automotive around the same time

Companies in the same sectors as WheelsOn that raised within 45 days of this round, from Fundz verified event records.

  • Lucid Group raised $300M (Funding Round) on September 4, 2025.
  • EKA Mobility raised $57M (Series A) on October 17, 2025.
  • Flowatt Battery Science raised $250K (Pre-Seed) on October 15, 2025.
  • Hyundai raised $5M (Funding Round) on October 15, 2025.
  • Fery Rides raised $236K (Seed) on October 14, 2025.
  • Zeno raised $5M on October 9, 2025.

Who to call at WheelsOn, and when

A new round usually means WheelsOn is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day WheelsOn raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at WheelsOn, from your own LinkedIn network

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Company Information

Company

WheelsOn

Location

Dubai, Dubai, United Arab Emirates

About

WheelsOn is the UAE’s mobile-first car rental platform founded in 2023. The company aims to disrupt traditional car rentals by offering full transparency and digital convenience through its mobile app and website. WheelsOn owns and directly operates its fleet, ensuring quality and eliminating hidden fees, making car rentals seamless for locals, expats, and tourists. With advanced AI-powered tools, WheelsOn targets to enhance fleet utilization and customer experience.

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WheelsOn raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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