Wheels Labs, Inc.

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Wheels Labs, Inc. - overview

Established

2018

Location

Los Angeles, CA, US

Primary Industry

Travel & Leisure

About

Wheels Labs, Inc. offers innovative urban mobility solutions, focusing on providing e-scooters and e-bikes for efficient and eco-friendly transportation in metropolitan areas. 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. The company was founded by Joshua Viner and Matthew Alfin, with Joshua Viner serving as the CEO. 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. The company primarily targets city dwellers, tourists, and commuters seeking flexible and eco-friendly transportation alternatives, with its services deployed in various international markets across the United States and Europe. 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. The mobile application enhances the user experience by facilitating easy vehicle location, rental, and return, encouraging repeat usage. Following the acquisition by Helbiz, Inc.


in November 2022, Wheels Labs plans to leverage the funding from the deal to enhance its operational capabilities and expand into new markets. The company aims to introduce new products while expanding its presence to additional metropolitan areas, strengthening its footprint in the urban mobility sector.


Current Investors

Crosscut Ventures Management, Tenaya Capital, Bullpen Capital

Primary Industry

Travel & Leisure

Sub Industries

Car Hire Services

Website

www.takewheels.com

Verticals

E-commerce, Electric & Hybrid Vehicles, Mobile Apps

Company Stage

Acquired

Total Amount Raised

Subscriber access only

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