Diligence memo · auto-generated · as of July 2, 2026
Wheels Holdco, LLC
Wheels Holdco, LLC has raised $935M over 1 round; too few niche peers to rank its valuation yet.
Businessfiled
Wheels Holdco, LLC operates in Mobility / Logistics, based in Washington. Achieve your fleet's electric vehicle goals with Wheels. Our EV fleet management services offer sustainable solutions for efficient electric vehicle fleets.
Sub-sector tags: mobility.
Capital & rounds (filed)filed
Wheels Holdco, LLC has raised $935M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Growth/Late (a round over $400M).
Largest single filing: $935M on 2024-11-01.
Most recent recorded round closed around 2024-11-01.
Valuation (modeled)modeled
Provath models Wheels Holdco, LLC at approximately $9.1B (range $6.6B–$11.4B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Too few comparable companies in this niche to rank the valuation fairly yet.
Financing rhythm & timingmixed
Last raise 20 mo ago; this sector typically re-raises about every 10 months.
Past due for a raise versus sector cadence — watch for distress or a bridge.
Comparablesmixed
Capital scale ranks ahead of 100% of Mobility / Logistics peers (431 compared).
Modeled value ranks above 100% of those peers.
Closest niche peers: Flexport, Inc., Weee! Inc..
Peoplefiled
6 named people on file across officers, directors and signatories.
Risks & flagsmixed
Overdue for a raise versus sector norm — distress or bridge risk.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.