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. | May 13, 2021
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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