Thursday, April 28, 2022

Cartwheel Connects With $3M For Delivery Management

Los Angeles-based Cartwheel, a startup which develops delivery management software for restaurants, retailers, couriers, and other areas, has raised $3M in a seed funding round. The funding was led by Moonshots Capital, and also included Chingona Ventures, TenOneTen Ventures, Act One, and Pitbull Capital. According to the company, the funding will go towards product development, partner integration, and expansion. Cartwheel's software helps companies manage in-house, outsourced, and hybrid delivery models. The company says it provides its services to on-demand commerce platform Olo, and has many customers in the heavily-regulated cannabis and alcohol industries.

---