Los Angeles-based Cartwheel, a startup that develops on-demand delivery management software, says it has raised $1M in a seed funding round, which came from TenOneTen Ventures, Act One Ventures, as wel
May 13, 2021
Los Angeles-based Cartwheel, an on-demand delivery management platform for restaurants and retailers, has raised a $1 million seed round led by TenOneTen Ventures with participation from Act One Ventures and Portillo s Hot Dogs, along with angel investment from additional restaurateurs, according to a company press release.
Cartwheel allows brands to launch a self-delivery program alongside their third-party partners, and its turnkey offering includes a driver app, dispatch tools for managers and customer interaction functionality. With more than 60 Portillo s locations nationwide and the highest average unit sales volumes in the fast-casual industry, we have a lot of deliveries to manage. It s important that our brand is well-represented, Michael Osanloo, Portillo s CEO, said in the release. Cartwheel enables us to use our team members to deliver our highest-value orders, cross-training our team members so that they can become drivers for our own fleet. Our experi
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 intends to use the funds for product development, partnership integrations, and team expansion.
Founded in 2012 and led by Alex Vasilkin, CEO, Cartwheel (formerly GR Dispatch) is an on-demand delivery management platform for restaurants and beyond. as a delivery restaurant. The company offers solutions for in-house delivery operations, including a driver app, dispatch tools for managers, and customer interaction functionality.
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LOS ANGELES, May 13, 2021 /PRNewswire/
Cartwheel, an on-demand delivery management platform for restaurants and retailers, announced today that it has raised a $1 million seed round led by
TenOneTen Ventures with participation from Act One Ventures and
Portillo s Hot Dogs, along with angel investment from additional restaurateurs. The funds will be used for product development, partnership integrations, and team expansion.
On-demand delivery is a requirement in today s market, and many businesses struggle to decide between outsourcing, which is convenient but can be expensive, and building their own in-house platforms, which gives brands control over the customer experience but is more operationally involved. Cartwheel offers the best of both options, allowing brands to launch a self-delivery program alongside their third-party partners, saving on costs and strengthening brand loyalty. Cartwheel s turnkey offering includes an easy-to-use driver app, soph
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Los Angeles-based
BLAZE, a developer of enterprise resource planning and point-of-sale software for the legal cannabis market, recently raised $8M in a funding round, according to the company. The funding was led by Delta Emerald Ventures with participation from returning investor Act One Ventures and new investor SOJE Capital. According to the company, the new funding will go to expand, scale and build out its product, sales and marketing efforts. BLAZE is led by co-founder and CEO Chris Violas. The company says it provides an easy-to-use frontend and an enterprise backend for dispensaries, delivery services, distributors, and cultivators.