Flywheel

Flywheel

Industry-leading taxi solutions with smart, secure rides and quick pickups from professional drivers. Learn more
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DateInvestorsAmountRound

N/A

Series A
N/A

$140k

Series A

$7.3m

Early VC

$14.8m

Series B

$12.0m

Series C

N/A

Series C

$4.1m

-
Total Funding€34.9m

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Flywheel is a technology company that develops innovative solutions for the taxi industry, serving both riders and drivers. The company operates in the urban transportation market, providing a platform that connects riders with local, professional taxi drivers who know their way around the city. Flywheel's business model revolves around its eHail app, which allows users to hail the closest available taxi, track its location, and estimate the pickup time. The company generates revenue through transaction fees and partnerships with municipalities and organizations. Flywheel also offers DirectPay, a feature that sends drivers' earnings directly to their debit cards, ensuring quick and easy payment. Additionally, Flywheel supports transportation programs aimed at securing safe transit for impaired drivers, collaborating with organizations like Recording Artists Against Drunk Driving (RADD). The company provides prepaid cards for single events or peak traffic times to enhance safety and convenience.

Keywords: taxi solutions, eHail app, urban transportation, professional drivers, DirectPay, quick pickups, secure rides, impaired driver programs, prepaid cards, technology platform.

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