Tech Company Financing Transactions

Flywheel Funding Round

Flywheel, operating out of San Francisco, secured $14.8 million in funding from TCW|Craton Equity Investors, RockPort Capital and Shasta Ventures.

Transaction Overview

Company Name
Announced On
Transaction Type
Venture Equity
Series B

TCW|Craton Equity Investors (Lead Investor) (David Asarnow)

RockPort Capital (Abe Yokell)

Shasta Ventures (Rob Coneybeer)

Proceeds Purpose
Flywheel will use the new financing to expand rapidly across the U.S., increase its users and partners, and continue offering seamless ride experiences through taxi fleets nationwide.

Company Information

Company Status
Private & Independent
Mailing Address
2 Townsend St. 416
San Francisco, CA 94107
Email Address
Grab a cab with the best taxi app for iPhone & Android. Flywheel allows you to catch a cab and pay for it all with your smartphone - no need to hunt for cash.
Flywheel LinkedIn Company Profile
Social Media
Flywheel Company Twitter Account
Company News
Flywheel News
Flywheel on Facebook
Flywheel on YouTube

Management Team

Email & Social
Chief Executive Officer
Rakesh Mathur
  Rakesh Mathur LinkedIn Profile  Rakesh Mathur Twitter Account  Rakesh Mathur News  Rakesh Mathur on Facebook
Chief Financial Officer
Oneal Bhambani
  Oneal Bhambani LinkedIn Profile  Oneal Bhambani Twitter Account  Oneal Bhambani News  Oneal Bhambani on Facebook
Chief Marketing Officer
Brogan Keane
  Brogan Keane LinkedIn Profile  Brogan Keane Twitter Account  Brogan Keane News  Brogan Keane on Facebook
Chief Technical Officer
Mark Towfiq
  Mark Towfiq LinkedIn Profile  Mark Towfiq Twitter Account  Mark Towfiq News  Mark Towfiq on Facebook
Patrick Mcmullen
  Patrick Mcmullen LinkedIn Profile  Patrick Mcmullen Twitter Account  Patrick Mcmullen News  Patrick Mcmullen on Facebook
John Wolpert
  John Wolpert LinkedIn Profile  John Wolpert Twitter Account  John Wolpert News  John Wolpert on Facebook
VP - Product Management
Sachin Kansal
  Sachin Kansal LinkedIn Profile  Sachin Kansal Twitter Account  Sachin Kansal News  Sachin Kansal on Facebook
VP - Sales
Jason Dewillers
  Jason Dewillers LinkedIn Profile  Jason Dewillers Twitter Account  Jason Dewillers News  Jason Dewillers on Facebook



Browse more venture capital transactions:

Prev: 7/31/2013: Qwilt venture capital transaction
Next: 7/31/2013: BeTH venture capital transaction


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We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from company press releases and news coverage. The data comes to us via our partnership with, an affiliated venture.


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