When was Cartwheel founded?

Cartwheel was founded in 2012 and raised its 1st funding round 9 years after it was founded.

Where is Cartwheel located?

Cartwheel is headquartered in Canada.

How many employees does Cartwheel have?

As of Aug 31, 2026, the latest employee count at Cartwheel is 29.

Is Cartwheel a funded company?

Cartwheel is a funded company, having raised a total of $4M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on May 13, 2021.

When was the latest funding round of Cartwheel?

Cartwheel's latest funding was a $***** Conventional Debt round on Mar 19, 2024, with participation from 0 investor. Its primary sector is Logistics Tech. In Canada, the Logistics Tech sector has seen $221M in funding in 2026 to date.

Where does Cartwheel rank among its competitors?

Cartwheel ranks 16th amongst 1202 active competitors, of which 110 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Oorjaa, which secured $1.06M in Apr, 2026.

Who are the top competitors of Cartwheel?

Cartwheel's top competitors include LetsTransport, OnFleet and Sorted. Among them, Oorjaa secured the most recent funding round in April, 2026.

Cartwheel - 2026 Company Profile, Team, Funding & Competitors

Company Details

Provider of delivery management software for restaurants, couriers, and retail. The software facilitates hybrid delivery, integrating in-house and third-party services. Features include real-time tracking and a marketing suite with customisable promo banners. The platform offers integrations with food delivery and point-of-sale systems. It provides tools for dispatch, route optimisation, and driver management.

Website: trycartwheel.com
Email ID: *****@trycartwheel.com
Phone Number: +1 **********

Key Metrics

Founded Year

2012

Location

Canada

Stage

Seed

Total Funding

$4M in 3 rounds

Latest Funding Round

Conventional Debt, Mar 19, 2024, $*****

Investors

TenOneTen & 6 more

Ranked

16^th among 1202 active competitors

Employee Count

29 as on Aug 31, 2026

Similar Companies

Sorted & 1216 more

View Cartwheel's full profile

Cartwheel has raised a total funding of $4M over 3 rounds. Its first funding round was on May 13, 2021. Cartwheel has 7 institutional 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
Mar 19, 2024	1943211	Conventional Debt	1432339	7195178	8977762	3085199
Apr 28, 2022	9312112	Seed	1484347	8950986	6099376	Chingona Ventures & 3 more
May 13, 2021	9572541	Seed	4603970	4588725	TenOneTen	Act One Ventures & 2 more

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View details of Cartwheel's funding rounds and investors

The founders of Cartwheel are Magdim Metshin and Alex Vasilkin.

Here are the details of Cartwheel's key team members:

Magdim Metshin: Co-Founder / CMO of Cartwheel.
Alex Vasilkin: Co-Founder / CMO of Cartwheel.
Contact Info: 1 email address

View details of Cartwheel's Founder profiles and Board Members

Cartwheel's employee count trend

Cartwheel has 29 employees as of Aug 26. Here is Cartwheel's employee count trend over the years:

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Top competitors of Cartwheel include LetsTransport, OnFleet and Sorted. Here is the list of Top 10 competitors of Cartwheel, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	LetsTransport 2015, Bengaluru (India), Acquired	Provider of logistics services for first mile and last mile	$84M	Bertelsmann, Bertelsmann India Investments ... & 70 others	77/100
2nd	OnFleet 2012, San Francisco (United States), Acquired	Cloud based last mile delivery management software	$44.8M	Kayne Anderson Capital Advisors, StartX & 27 others	69/100
3rd	Sorted 2010, Manchester (United Kingdom), Acquired	Provider of software for delivery management and automated carrier allocation	$134M	Chrysalis, Praetura Ventures & 12 others	68/100
4th	Instaleap 2015, Bogota (Colombia), Acquired	Platform for supermarkets, pharmacies and retailers to manage online delivery operations	$20.2M	Grupo Pegasus, Redwood Ventures & 2 others	67/100
5th	Bringg 2013, Tel Aviv (Israel), Series E	Provider of cloud and AI-based delivery management solutions	$184M	Ituran, Viola Growth & 17 others	64/100
6th	Oorjaa 2021, Mumbai (India), Series A	Intra-city and mid-mile logistics solutions	$4.95M	Beacon Trusteeship, Equentis Wealth Advisory Services ... & 102 others	64/100
7th	Shipday 2009, Menlo Park (United States), Series A	Provider of cloud-based delivery management solutions	$7M	Ibex Investors, ECP Growth & 1 others	64/100
8th	Paxel 2018, Jakarta (Indonesia), Series C	Provides solutions for last-mile delivery management	$58.8M	Astra Digital, MDI Ventures & 8 others	63/100
9th	FarEye 2013, Chicago (United States), Series E	Developer of an artificial intelligence-powered delivery management platform for enterprise-scale logistics operations	$152M	Grocery Delivery E-Services USA, Dragoneer Investment Group ... & 59 others	62/100
10th	Airmee 2016, Stockholm (Sweden), Series A	Provider of AI-based last-mile delivery management solutions	$10.2M	J12, Alfvén & Didrikson & 13 others	62/100
16th	Cartwheel 2012, Canada, Seed	Provider of delivery management software for restaurants, couriers, and retail	$4M	Moonshots Capital, Act One Ventures & 5 others	56/100