Wheelwell, Inc., a San Francisco, CA-based social commerce company for the automotive market, closed a $3m financing round.
The round was led by James Currier of NFX Capital and Hans Tung of GGV Capital. This followed investments from individuals including Steve Yankovich (former VP of product at eBay), John Couch (fomer EVP of marketing at Apple), and Jeff Bonforte (former SVP of communications products at Yahoo). As part of the transaction, James Currier has joined Wheelwell’s board of directors.
Led by CEO Peter J. Nielsen, Wheelwell is a large social commerce company for the automotive market which combines artificial intelligence, advanced data analytics, and deep marketing integrations with Google and Facebook.
The company has already implemented an advanced, AI-controlled ETL database system, that enables automatic and instantaneous updates of both new and existing products.