# Cartwheel funding: rounds and investors

> Cartwheel has raised $12M across 3 rounds since 2024. Investors include Craft Ventures, Alumni Ventures and General Catalyst. Every round with its source.

Source: https://millionrounds.com/company/cartwheel (Millionrounds; every figure on the page links to its filing or article)

United States · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Cartwheel*

3 rounds we have observed, with the 12 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

AI Delivery Entertainment

Raised 2 months ago

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Funding summary Updated 5 Nov 2026

**$12M** raised across 3 rounds since 2024, from 3 sources

**$1.5M** Debt **$10M** Seed **$250K** Grant

- **Latest round:** Grant, $250K Sept 2026
- **Biggest round:** $10M Seed · May 2025
- **Investors:** 12 (1 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2025 2026

**$1.5M** Debt

**$10M** Seed

**$250K** Grant

- **First round:** Debt, $1.5M
- **Biggest round:** $10M
- **Usual gap between rounds:** 16 months

## The rounds

- **Sept 2026** Grant **$250K** *5 new* [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) [General Catalyst](https://millionrounds.com/fund/general-catalyst) [BoxGroup](https://millionrounds.com/fund/boxgroup) [Menlo Ventures](https://millionrounds.com/fund/menlo-ventures) [Reach](https://millionrounds.com/fund/reach) Source recorded
- **May 2025** Seed **$10M** *5 new* [Craft Ventures](https://millionrounds.com/fund/craft-ventures) Lead [Accel](https://millionrounds.com/fund/accel) [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) [Correlation Ventures](https://millionrounds.com/fund/correlation-ventures) [Human Ventures](https://millionrounds.com/fund/human-ventures) Reported by AlleyWatch SEC filing: $35M sold, first sale Aug 2025
- **Jul 2024** Debt **$1.5M** *2 new* [TenOneTen Ventures](https://millionrounds.com/fund/tenoneten-ventures) [Chingona Ventures](https://millionrounds.com/fund/chingona-ventures) Source recorded

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Debt** 2024 **Seed** 2025 **Grant** 2026 [Craft Ventures](https://millionrounds.com/fund/craft-ventures) L [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) [General Catalyst](https://millionrounds.com/fund/general-catalyst) [Accel](https://millionrounds.com/fund/accel) [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) [BoxGroup](https://millionrounds.com/fund/boxgroup) [Menlo Ventures](https://millionrounds.com/fund/menlo-ventures) [Correlation Ventures](https://millionrounds.com/fund/correlation-ventures) [Reach](https://millionrounds.com/fund/reach) [TenOneTen Ventures](https://millionrounds.com/fund/tenoneten-ventures)

## Everyone who backed them

[Craft Ventures](https://millionrounds.com/fund/craft-ventures) VC firm **1** round, led 1

[Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) VC firm **1** round

[General Catalyst](https://millionrounds.com/fund/general-catalyst) VC firm **1** round

[Accel](https://millionrounds.com/fund/accel) VC firm **1** round

[Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) VC firm **1** round

[BoxGroup](https://millionrounds.com/fund/boxgroup) VC firm **1** round

[Menlo Ventures](https://millionrounds.com/fund/menlo-ventures) VC firm **1** round

[Correlation Ventures](https://millionrounds.com/fund/correlation-ventures) VC firm **1** round

[Reach](https://millionrounds.com/fund/reach) VC firm **1** round

[TenOneTen Ventures](https://millionrounds.com/fund/tenoneten-ventures) VC firm **1** round

[Human Ventures](https://millionrounds.com/fund/human-ventures) VC firm **1** round

[Chingona Ventures](https://millionrounds.com/fund/chingona-ventures) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=cartwheel).

## Quick answers about Cartwheel

### Who invested in Cartwheel?

Cartwheel's investors include Craft Ventures, Alumni Ventures, General Catalyst, Accel and Khosla Ventures, and 7 more on record.

### How much has Cartwheel raised?

Cartwheel has raised $12M across 3 rounds since 2024.

### When did Cartwheel last raise?

Cartwheel's most recent round was a Grant of $250K in Sept 2026.

### What was Cartwheel's biggest round?

Cartwheel's largest round on record is $10M (Seed), in May 2025, led by Craft Ventures.

### Who backed Cartwheel first?

Cartwheel's first round on record, in Jul 2024, was backed by TenOneTen Ventures and Chingona Ventures.

### What stage is Cartwheel at?

Cartwheel's latest named round is a Grant, in Sept 2026.

### Where is Cartwheel based?

Cartwheel is based in the United States.

### Who led Cartwheel's rounds?

Craft Ventures led the Seed in 2025.

## Companies like Cartwheel

In the same sector, and raised in the last eighteen months.

[**Journify** $12M · Nov 2026](https://millionrounds.com/company/journify)[**Nooks** $543M · Nov 2026](https://millionrounds.com/company/nooks)[**Laza Medical** $160M · Nov 2026](https://millionrounds.com/company/laza-medical)[**e2e** $8.0M · Nov 2026](https://millionrounds.com/company/e2e)[**Agrani Labs** $123M · Nov 2026](https://millionrounds.com/company/agrani-labs)[**Applied Compute** $580M · Nov 2026](https://millionrounds.com/company/applied-compute)

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