How much did Whizz raise?

Whizz raised $12 Million in a Series A round on June 6, 2024.

Who invested in Whizz?

Flashpoint and LETA Capital are named as investors in this round.

Who are the decision-makers at Whizz?

Fundz holds 1 contact at Whizz. Names and contact details are shown to Fundz members.

Whizz raised $12M in Series A funding led by LETA Capital to expand its e-bike subscription platform for last-mile delivery drivers.

PRIVATEJun 06, 2024

Amount Raised

$12 Million

Round Type

Series A

New YorkTransportationE CommerceLogisticsRide Sharing

Investors

FlashpointLETA Capital

Description

Whizz, a NYC-based provider of an e-bike subscription platform for last-mile delivery drivers, raised $12M in Series A funding. The round, which brought the total amount to $20M, was led by LETA Capital, with participation from Flashpoint, and others.

Quick answer

Whizz raised $12 Million in a Series A round, dated June 6, 2024. Investors: Flashpoint and LETA Capital. Whizz is based in New York, New York, United States.

How much did Whizz raise?: Whizz raised $12 Million in a Series A round on June 6, 2024.
Who invested in Whizz?: Flashpoint and LETA Capital are named as investors in this round.
What does Whizz do?: At Whizz, we are on a mission to revolutionize the transportation industry for delivery drivers.
Where is Whizz based and how big is it?: Whizz is based in New York, New York, United States.
Who are the decision-makers at Whizz?: Fundz holds 1 contact at Whizz. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Whizz

Location

New York, New York, United States

About

At Whizz, we are on a mission to revolutionize the transportation industry for delivery drivers. We believe that everyone deserves the opportunity to access reliable and convenient mobility solutions, regardless of their financial or credit history. That's why we offer a range of vehicle ownership and financing options that are designed to democratize access and drive success for our customers. Whether a driver is just starting out in the delivery industry or is looking to upgrade their current vehicle, we are here to help them achieve their goals and make their life easier. Our ultimate goal is to make transportation for delivery drivers as seamless and hassle-free as possible, so they can focus on what matters most: delivering top-quality service to their customers.

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What this usually means

Typical timeline to Series B

Series A companies typically raise their next round in 10-18 months

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

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