GoWheels Raises $265K

1/28/19

By Carlyann Edwards, NCBIZNews

GoWheels Inc., a Raleigh-based shopping car wheel startup, has raised $265,000 from 12 investors, according to a Securities and Exchange Commission filing.

The company was founded in 2017.

According to CEO William Bateman’s LinkedIn page, today’s shopping cart wheel’s design yields another ‘single-use plastic pollutant,’ like drinking straws. Gowheels offers a replacement part when the outer tire becomes flawed.

“GOWHEELS! may be restored on site by entry-level employees without using dangerous tools, saving end-users the cost of hiring professional service providers, “ Bateman’s LinkedIn page reads. “GOWHEELS! are Sustainable and Cost Less.”

Today’s shopping cart wheel is not recyclable because of the mixed plastic stream.

The filing can be found here.