Whizz Company Profile

Background

Whizz, established in 2022 and headquartered in New York City, is dedicated to revolutionizing transportation for delivery drivers. The company offers subscription-based electric bike (e-bike) rental and ownership solutions, aiming to provide reliable and convenient mobility options regardless of financial or credit history. Whizz's mission is to democratize access to transportation, enabling delivery drivers to focus on delivering top-quality service to their customers.

Key Strategic Focus

Whizz's strategic focus centers on:

• Subscription-Based E-Bike Rentals: Providing delivery drivers with affordable e-bike rentals, including maintenance and support services.

• Ownership Options: Offering installment plans for drivers interested in purchasing e-bikes.

• Safety and Compliance: Addressing safety and regulatory concerns by promoting the use of safe and compliant e-bikes over gas-powered mopeds and unsafe bicycles.

• Market Expansion: Expanding services to major U.S. cities to meet the growing demand for efficient delivery solutions.

Financials and Funding

Whizz has experienced significant growth since its inception:

• Revenue: Estimated annual revenue of $17.9 million.

• Funding:

• Seed Round: Raised $3.4 million in April 2023.

• Series A: Secured $12 million in June 2024.

• Investors: Notable investors include Joint Journey, TMT Investments, and a group of angel investors.

Pipeline Development

Whizz is actively expanding its services:

• Geographic Expansion:

• Philadelphia: Launched services in August 2024.

• Washington, D.C.: Planned launch in early 2025.

• Product Development: Introduction of a new line of e-mopeds in September 2024 to cater to markets requiring faster and longer-distance travel solutions.

Technological Platform and Innovation

Whizz differentiates itself through:

• Proprietary E-Bike Models: Designed specifically for delivery purposes, focusing on durability and efficiency.

• Comprehensive Service Package: Subscription plans include maintenance, repairs, and replacements, ensuring minimal downtime for drivers.

• Safety Initiatives: Launched the "Ride Safe" initiative in May 2023, providing free bicycle helmets to New York City-based delivery drivers to promote safety.

Leadership Team

• Mike Peregudov: Co-Founder & CEO

• Alex Mironov: Co-Founder & COO

• Artem Serbovka: Co-Founder & CTO

• Ksenia Proka: Co-Founder & CPO

• Nikita Semin: Chief Marketing Officer

Competitor Profile

Market Insights and Dynamics

The e-bike rental market is experiencing rapid growth, driven by the increasing demand for efficient and sustainable delivery solutions in urban areas. The rise of food delivery services and the need for cost-effective transportation options have contributed to this trend.

Competitor Analysis

Key competitors include:

• Helbiz: An urban transportation company offering e-bike and scooter rentals.

• LastiBike: A cargo e-bike rental company focusing on delivery services.

• Riese & Müller: Manufacturer of e-bikes with a focus on quality and innovation.

• Bond Mobility: E-bike sharing company providing high-speed electric bikes.

Strategic Collaborations and Partnerships

• DoorDash Partnership: In March 2025, Whizz partnered with DoorDash to expand services into Chicago, enhancing delivery capabilities for DoorDash drivers.

Operational Insights

Whizz's competitive advantages include:

• Comprehensive Service Offering: Bundling e-bike rentals with maintenance and support services.

• Focus on Safety: Initiatives like the "Ride Safe" program demonstrate a commitment to driver safety.

• Targeted Market Expansion: Strategic entry into cities with high demand for delivery services.

Strategic Opportunities and Future Directions

Whizz aims to:

• Expand Geographically: Continue entering new urban markets to meet the growing demand for delivery solutions.

• Diversify Product Offerings: Develop new vehicle models, such as e-mopeds, to cater to varying delivery needs.

• Enhance Technological Capabilities: Invest in technology to improve service efficiency and customer experience.

Contact Information

• Website: getwhizz.com

• LinkedIn: Whizz

• Facebook: Whizz