Flywheel - About the company
Flywheel is a series D company based in Minneapolis (United States), founded in 2015 by Troy Kopischke and Gunnar Schaefer. It operates as a Cloud based data research platform. Flywheel has raised $154M in funding from investors like 8VC, Novalis LifeSciences and Beringea. The company has 226 active competitors, including 44 funded and 21 that have exited. Its top competitors include companies like Informatica, Julius AI and Nexla.
Company Details
Cloud based data research platform. It is a data research platform provider for the healthcare industry. It provides a platform for data capture, analysis, and research sharing. It also provides a platform for researchers to help in data capture, analysis, and research sharing. It allows data migration for importing data into its systems and combining data from multiple data sets.
- Website
- flywheel.io
Key Metrics
Founded Year
2015
Location
Minneapolis, United States
Stage
Series D
Total Funding
$154M in 13 rounds
Latest Funding Round
Ranked
19th among 226 active competitors
Employee Count
121 as on Aug 31, 2026
Investment & Acquisitions
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Legal entities associated with Flywheel
Flywheel is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Flywheel Exchange LLC CIN: 20201771741 , United States, Deadpooled | Sep 03, 2020 | - | - | - |
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Flywheel's funding and investors
Flywheel has raised a total funding of $154M over 13 rounds. Its first funding round was on Oct 25, 2018. Its latest funding round was a Series D round on Dec 23, 2025 for $*****. 2 investors participated in its latest round. Flywheel has 25 institutional investors.
Here is the list of recent funding rounds of Flywheel:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 23, 2025 | 3233101 | Series D | 3598729 | 3974509 | 8251267 | 3246926 |
Oct 31, 2025 | 9946545 | Series D | 7965778 | 4797932 | 4470396 | 8353864 |
Jun 10, 2025 | 1337719 | Grant (prize money) | 4133292 | 6774646 | 4467192 |
View details of Flywheel's funding rounds and investors
Flywheel's founders and board of directors
Founder? Claim ProfileThe founders of Flywheel are Troy Kopischke and Gunnar Schaefer.
Here are the details of Flywheel's key team members:
- Troy Kopischke: Co-Founder of Flywheel and founder of 2 other companies, Tychon Bioscience and OneOme.
- Gunnar Schaefer: Co-Founder of Flywheel.
View details of Flywheel's Founder profiles and Board Members
Flywheel's employee count trend
Flywheel has 121 employees as of Aug 26. Here is Flywheel's employee count trend over the years:
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Flywheel's Competitors and alternates
Top competitors of Flywheel include Informatica, Julius AI and Nexla. Here is the list of Top 10 competitors of Flywheel, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Informatica 1993, Redwood City (United States), Acquired | Provider of cloud data management solutions leveraging AI-powered data lifecycle management | - | 73/100 | |
2nd | Julius AI 2022, San Francisco (United States), Seed | AI-powered data analysis platform for businesses | $11M | 68/100 | |
3rd | Nexla 2016, San Mateo (United States), Series B | Provider of AI-powered data integration platform designed for enterprise agent applications | $33.5M | 68/100 | |
4th | HealthVerity 2014, Philadelphia (United States), Series D | Cloud based healthcare and consumer data platform | $142M | 65/100 | |
5th | Truveta 2020, Seattle (United States), Series C | Provider of healthcare data platform for learning services | $515M | 65/100 | |
6th | nference 2013, Cambridge (United States), Series C | Provider of an AI platform for clinical data analysis and insights | $134M | 64/100 | |
7th | MEDITECH 1969, Westwood (United States), Funding Raised | Developer of electronic health record software and related healthcare solutions | - | 64/100 | |
8th | Onna 2015, San Francisco (United States), Acquired | SaaS based eDiscovery | $54M | 63/100 | |
9th | Precisely 1968, Pearl River (United States), Acquired | Provider of a platform offering decision support software | - | 62/100 | |
10th | Indico Data 2014, Boston (United States), Series B | Developer of an agentic decisioning platform for insurance underwriting and claims | $72.7M | 62/100 | |
19th | Flywheel 2015, Minneapolis (United States), Series D | Cloud based data research platform | $154M | 55/100 |
Looking for more details on Flywheel's competitors? Click here to see the top ones
Flywheel's Investments and acquisitions
Flywheel has acquired Radiologics. Flywheel has not made any investments as of now.Reports related to Flywheel
Here is the latest report on Flywheel's sector:
News related to Flywheel
Media has covered Flywheel for 1 event in last 1 year.
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Omnicom Gains on Flywheel Acquisition Amid Low LiquidityBenzinga•Jul 12, 2024•Omnicom Group, Flywheel
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Flywheel Collaborates with Microsoft and NVIDIA to Propel End-to-End AI Development Platform on Microsoft AzureBusiness Wire•Nov 22, 2023•Flywheel, Microsoft, nividia.com, Microsoft Azure and 1 other
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Flywheel Announces $54 Million in Series D Funding led by Novalis LifeSciences and NVenturesTullahoma News•Jun 27, 2023•Flywheel, Novalis LifeSciences, nVentures, Flywheel and 10 others
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Microsoft backs $54M funding round for medical AI companyBecker's Hospital Review•Jun 27, 2023•Microsoft, Flywheel, Flywheel, Nvidia
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Flywheel Exchange dba Flywheel.io has filed a notice of an exempt offering of securities to raise $56,283,615.00 in New Equity Investment.intelligence360•Jun 21, 2023•Flywheel
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