Whizz raised $12M in Series A funding led by LETA Capital to expand its e-bike subscription platform for last-mile delivery drivers.
Jun 06, 2024•about 1 year ago
Amount Raised
$12 Million
Round Type
series a
Investors
FlashpointLeta Capital
Description
Whizz, a NYC-based provider of an e-bike subscription platform for last-mile delivery drivers, raised $12M in Series A funding. The round, which brought the total amount to $20M, was led by LETA Capital, with participation from Flashpoint, and others.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech