Cartwheel - About the company
Cartwheel is a series A company based in New York City (United States), founded in 2023 by Jonathan Jarvis and Andrew Carr. It operates as a Provider of text-to-animation platform to animate characters for various projects. Cartwheel has raised $15.6M in funding from Accel and Craft Ventures. The company has 412 active competitors, including 67 funded and 10 that have exited. Its top competitors include companies like Lightricks, VideoVerse and Runway.
Company Details
Provider of text-to-animation platform to animate characters for various projects. It enables users to generate editable animations using a large motion model, streamlining the animation process for creative storytellers. The platform caters to a variety of projects including videos, games, movies, ads, social media, and VR.
- Website
- getcartwheel.com
- Social
- Email ID
- *****@getcartwheel.com
Key Metrics
Founded Year
2023
Location
New York City, United States
Stage
Series A
Total Funding
$15.6M in 2 rounds
Latest Funding Round
Ranked
16th among 412 active competitors
Employee Count
18 as on Apr 30, 2026
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Cartwheel's funding and investors
Cartwheel has raised a total funding of $15.6M over 2 rounds. Its first funding round was on Jun 06, 2024. Its latest funding round was a Series A round on Dec 23, 2024 for $*****. 7 investors participated in its latest round. Cartwheel has 11 institutional investors and 4 angel investors.
Here is the list of recent funding rounds of Cartwheel:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 23, 2024 | 2552617 | Series A | 7975528 | 4373524 | 9537586 | 4579122 |
Jun 06, 2024 | 9993986 | Seed | 2994384 | 3747244 |
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Cartwheel's founders and board of directors
Founder? Claim ProfileThe founders of Cartwheel are Jonathan Jarvis and Andrew Carr. Jonathan Jarvis is the CEO of Cartwheel.
Here are the details of Cartwheel's key team members:
- Jonathan Jarvis: Co-Founder & CEO of Cartwheel and founder of 1 other company. Contact Info: 1 email address
- Andrew Carr: Co-Founder of Cartwheel. Contact Info: 1 email address
View details of Cartwheel's Founder profiles and Board Members
Cartwheel's employee count trend
Cartwheel has 18 employees as of Apr 26. Here is Cartwheel's employee count trend over the years:
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Cartwheel's Competitors and alternates
Top competitors of Cartwheel include Lightricks, VideoVerse and Runway. Here is the list of Top 10 competitors of Cartwheel, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Lightricks 2013, Jerusalem (Israel), Series D | AI-powered tools for image, video editing, and content creation | $335M | 75/100 | |
2nd |  VideoVerse 2016, Los Angeles (United States), Acquired | Provider of AI-driven technology for video editing and content transformation | $105M | 72/100 | |
3rd | Runway 2018, New York City (United States), Series E | Developer of artificial intelligence tools for image and video generation | $860M | 68/100 | |
4th |  Leonardo Ai 2022, Sydney (Australia), Acquired | AI-powered platform to generate assets with models | $31M | 68/100 | |
5th |  Luma AI 2021, Palo Alto (United States), Series C | Developer of artificial intelligence models for image and video generation | $1.07B | 66/100 | |
6th |  PixVerse 2023, Palo Alto (United States), Series C | AI-based video creation platform | $360M | 63/100 | |
7th |  Metaphysic 2021, London (United Kingdom), Acquired | AI-based platform offering video creation solutions | $25.2M | 62/100 | |
8th | Provider of a platform for generating videos using artificial intelligence | $48M | 62/100 | ||
9th | Moon Valley 2023, Arroyo Grande (United States), Series A | Developer of artificial intelligence video generation software for cinematic applications | $154M | 62/100 | |
10th |  Higgsfield 2023, San Francisco (United States), Series A | AI-powered video creation and editing platform | $138M | 62/100 | |
16th |  Cartwheel 2023, New York City (United States), Series A | Provider of text-to-animation platform to animate characters for various projects | $15.6M | 56/100 |
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Cartwheel's Investments and acquisitions
Cartwheel has made no investments or acquisitions yet.
Reports related to Cartwheel
Here is the latest report on Cartwheel's sector:
News related to Cartwheel
Media has covered Cartwheel for 1 event in last 1 year.
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•
Our Seed Investment in Cartwheel: Making 3D Animation More AccessibleAccel•Jun 05, 2024•Cartwheel, Accel, Cartwheel, Khosla Ventures and 5 others
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