Status
Acquired by RelayRides on May 14, 2013
Funding Received
$15.7 Million in 2 Rounds from 5 Investors
Headquarters:
San Francisco, CA
Description:
Wheelz provides a car sharing platform facilitating economic opportunities for car owners by leasing their vehicles to non-owners.
Founders:
Akhtar Jameel, Jeff Miller
Categories:
Collaborative Consumption, Automotive
Website:
http://www.wheelz.com

Company Details

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Wheelz (www.wheelz.com) is an early stage, venture backed start-up that is introducing a better approach to personal transportation and car ownership.

Wheelz peer-to-peer car sharing platform provides a compelling economic opportunity for car owners to securely lease their vehicles on an hourly or daily basis, and a convenient and affordable personal transportation solution for those who don’t own a car.

Cars are the second largest personal asset class on the American balance sheet. They are chronically under-utilized -- most vehicles are parked 23 of 24 hours daily --; and they begin losing value the minute they drive off the lot. The current model – high-value, rapidly depreciating, poorly utilized – of car ownership is busted.

Wheelz is un-busting it; we’re introducing a more efficient model of car ownership, a model that is more responsible for the planet and the pocketbook.

Current Team (11)

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Past Team (1)

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Funding Rounds (2) - $15.7M

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Board Members and Advisors (3)

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Investors (5)

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Offices/Locations (1)

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  • Office

    151 10th St

    San Francisco, CA 94103

    USA

Images (2)

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  • 1bf1a025a8887922675d7c3d8b8e3d20
  • A1e4f03a328858fb98f6dd9ae90b2151