Three Wheels United

Private

BangaloreFinTechhttps://threewheelsunited.com/

Last Round

Series A

May 25, 2022

Total Funding Raised

$18.1M

Company Overview

Three Wheels United is a fintech company that provides financing solutions for light electric vehicles to micro-entrepreneurs in India.

Sector

FinTech

Verticals

Lending & Credit, Electric Vehicles, Clean Transportation, Fleet Management

Business Model

B2C

Customer Profile

Services & Consulting

AI Layer

Non-AI

Keywords

EV financingasset-backed lendingelectric three-wheelersnon-bank financing companyNBFCgreen mobility financefleet managementmicro-entrepreneur loanssustainable transportationEV adoptionfintech for transportimpact investingclimate fintechlast-mile financing

Historical Pricing

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Three Wheels United Comps

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Three Wheels United comps — public and private peers by sector, stage, and business model
Company	Status	Est. Valuation	Rev Multiple
OpenAI	Private	$86.0B	~40x
Cohere	Private	$5.0B	--
Competitor 1	Public	$XX.XB	XXx
Competitor 2	Public	$XX.XB	XXx

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Three Wheels United Funding Rounds

Historical fundraising activity

Data table
Round	Date	Amount Raised	Valuation	Investors	Sources
Series A	May 25, 2022
Seed	Sep 24, 2020
Debt	Jul 1, 2020
Seed	Apr 22, 2019

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Key People

Founding team and executive leadership

Cedrick Tandong

Co-founder CEO

Founding Team

Three Wheels United Investors

Notable investors and investment history

Three Wheels United investors
Investor	Rounds
GINCO Investments	Seed
Techstars	Seed, Series A
Asian Development Bank Ventures	Grant, Seed
Google.org	Seed

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Three Wheels United Filings

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Data table
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Three Wheels United Filings

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Firmographic Details

HeadquartersBangalore

Employee Range27

Year Founded2010

Last FundingMay 25, 2022

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