Cartwheel: Raises $1M In Seed Funding

  • Cartwheel, a Los Angeles, CA-based on-demand delivery management platform for restaurants and retailers, raised $1m in seed funding
  • The round was led by TenOneTen Ventures with participation from Act One Ventures and Portillo’s Hot Dogs, with angel investment from additional restaurateurs
  • The company also intends to use the funds for product development, partnership integrations, and team expansion
  • Founded in 2012 and led by Alex Vasilkin, CEO, Cartwheel is an on-demand delivery management platform for restaurants and beyond
  • The company offers solutions for in-house delivery operations, including a driver app, dispatch tools for managers, and customer interaction functionality
  • To date, Cartwheel has powered deliveries for top brands including P.F. Chang’s, Charleys Philly Steaks, Taco del Mar, and more
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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