Flywheel Exchange, Inc.
Minneapolis, US · Founded 2020 · Delaware corporation · 9 known investors
Flywheel provides a platform for organizing, managing, and sharing medical imaging data. The company serves pharmaceutical companies, medical device manufacturers, AI developers, and academic medical centers to accelerate clinical trials, advance AI development, and streamline research workflows.
AI & Machine LearningData & InfrastructureHealthtechMedical Devices
Founders & leadership
Flywheel Exchange, Inc. was founded in 2020 by Brian Wandell and Gunnar Schaefer.
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Brian WandellCo-founder
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Gunnar SchaeferCo-founder
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Colby MoosmanExecutive
MD
Matthew D. MichelaExecutive
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Sarah FazioExecutive
JO
Jim OlsonExecutive
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Mark SylvesterExecutive
TR
Travis RichardsonNamed on SEC filing
Board
FG
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William BlakeBoard director
MD
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Hooman HakamiBoard director
Investors · 9
Reported raises · per SEC filings
Form D private placements$144.1M disclosed across 9 rounds · 2017–2025
▶$16.4MraisedDec 2025 · 40 investors · Other TechnologyRule 506(b)
▶$16.4MraisedDec 2025 · 40 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Hooman HakamiExecutive Officer, Director
- Constantine G. PantelisDirector
- Francisco GimenezDirector
- Paul MeisterDirector
- Devin LeakeDirector
- Colby MoosmanExecutive Officer
- William BlakeDirector
- Marijn DekkersDirector
- Offering amount
- $27.4M
- Amount sold
- $16.4M
- First sale
- Dec 2025
- Incorporated
- Corporation, Delaware, 2020
- Federal exemptions
- 06b
▶$2.3MraisedNov 2025 · 4 investors · Other TechnologyRule 506(b)
▶$2.3MraisedNov 2025 · 4 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Marijn DekkersDirector
- William BlakeDirector
- Francisco GimenezDirector
- Troy D. KopischkeDirector
- Colby MoosmanExecutive Officer
- Hooman HakamiExecutive Officer, Director
- Offering amount
- $2.5M
- Amount sold
- $2.3M
- First sale
- Oct 2025
- Incorporated
- Corporation, Delaware, 2020
- Federal exemptions
- 06b
▶$20MraisedJan 2025 · 57 investors · Other TechnologyRule 506(b)
▶$20MraisedJan 2025 · 57 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Marijn DekkersDirector
- Francisco GimenezDirector
- Colby MoosmanExecutive Officer
- Hooman HakamiDirector
- William BlakeDirector
- Troy KopischkeDirector
- Matthew D. MichelaExecutive Officer, Director
- Sarah FazioExecutive Officer
- Offering amount
- $30M
- Amount sold
- $20M
- First sale
- Dec 2024
- Incorporated
- Corporation, Delaware, 2020
- Federal exemptions
- 06b
▶$50MraisedJun 2023 · 24 investors · Other TechnologyRule 506(b)
▶$50MraisedJun 2023 · 24 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Sara FazioExecutive Officer
- James OlsonExecutive Officer, Director
- Danny JoeExecutive Officer
- Marjin DekkersDirector
- Troy D. KopischkeDirector
- William BlakeDirector
- Francisco GimenezDirector
- Offering amount
- $56.3M
- Amount sold
- $50M
- First sale
- May 2023
- Incorporated
- Corporation, Delaware, 2020
- Federal exemptions
- 06b
▶$4.3MraisedFeb 2023 · 7 investors · Other TechnologyRule 506(b)
▶$4.3MraisedFeb 2023 · 7 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Danny JoeExecutive Officer
- Danny J. CunaginDirector
- James OlsonExecutive Officer, Director
- Troy D. KopischkeDirector
- William BlakeDirector
- Francisco GimenezDirector
- Sara FazioExecutive Officer
- Offering amount
- $10M
- Amount sold
- $4.3M
- First sale
- Jan 2023
- Incorporated
- Corporation, Delaware, 2020
- Federal exemptions
- 06b
▶$21.5MraisedSep 2021 · 25 investors · Other TechnologyRule 506(b)
▶$21.5MraisedSep 2021 · 25 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Sarah FazioExecutive Officer
- Francisco GimenezDirector
- Jim OlsonExecutive Officer, Director
- Troy KopischkeDirector
- Danny JoeExecutive Officer
- Danny CunaginDirector
- William BlakeDirector
- Offering amount
- $25M
- Amount sold
- $21.5M
- First sale
- Aug 2021
- Incorporated
- Corporation, Delaware, 2020
- Federal exemptions
- 06b
▶$21.1MraisedJan 2021 · 33 investors · Other TechnologyRule 506(b)
▶$21.1MraisedJan 2021 · 33 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Jim OlsonExecutive Officer, Director
- Danny J. CunaginDirector
- Troy D. KopischkeDirector
- Travis RichardsonExecutive Officer
- Gunnar SchaeferExecutive Officer
- Sarah FazioExecutive Officer
- Neal MeyerExecutive Officer
- Francisco GimenezDirector
- William BlakeDirector
- Offering amount
- $23.3M
- Amount sold
- $21.1M
- First sale
- Oct 2020
- Incorporated
- Corporation, Delaware, 2020
- Federal exemptions
- 06b
▶$8.5MraisedJun 2019 · 53 investors · Other TechnologyRule 506(b)
▶$8.5MraisedJun 2019 · 53 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Troy D. KopischkeExecutive Officer, Director
- Danny J. CunaginDirector
- Brian WandellDirector
- Travis RichardsonExecutive Officer
- Mark SylvesterExecutive Officer
- Gunnar SchaeferExecutive Officer
- Offering amount
- $8.5M
- Amount sold
- $8.5M
- Minimum investment
- $50K
- First sale
- Aug 2017
- Incorporated
- Limited Liability Company, Delaware
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Competitors · 4
by search overlapFlywheel25 shared keywordsFlywheel is a managed WordPress hosting platform that handles caching, security, software updates, and site migrations, and provides workflow and collaboration tools. It targets agencies, designers, and developers, and offers eCommerce hosting for WooCommerce stores.
Wheel24 shared keywordsWheel is a virtual care platform that enables healthcare organizations and consumer health brands to deliver remote patient care through a configurable infrastructure and network of clinicians.
Guidewheel24 shared keywordsGuidewheel builds a FactoryOps platform that helps factory teams reduce downtime, improve output, and optimize performance through a simple, scalable solution. The company serves manufacturing facilities globally, enabling them to reach sustainable peak performance.
Flywheel AI23 shared keywordsFlywheel AI provides remote operation systems for excavators and construction equipment, enabling operators to control multiple machines or sites from a distance while improving site safety and productivity.
Companies competing with Flywheel Exchange, Inc. for the same Google search keywords, organic and paid, via search-intersection analysis.
Non-dilutive funding · 1 SBIR/STTR award
Federal grants — no equity taken| Agency | Phase | Year | Amount |
|---|---|---|---|
| National Institutes of Health (NIH)National Institutes of Health | Phase II | 2022 | $2M |
Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.
In the news
Frequently asked questions
- What does Flywheel Exchange, Inc. do?
- Flywheel provides a platform for organizing, managing, and sharing medical imaging data. The company serves pharmaceutical companies, medical device manufacturers, AI developers, and academic medical centers to accelerate clinical trials, advance AI development, and streamline research workflows.
- Who founded Flywheel Exchange, Inc.?
- Flywheel Exchange, Inc. was founded by Brian Wandell, Gunnar Schaefer in 2020.
- Who are Flywheel Exchange, Inc.'s investors?
- Flywheel Exchange, Inc.'s investors include 8VC, Beringea, Great North Ventures, Intuitive Ventures, iSelect Fund, Lightbank, Novalis LifeSciences, NVentures and 1 more.
- How much funding has Flywheel Exchange, Inc. raised?
- Flywheel Exchange, Inc. has disclosed $144.1M raised across 9 rounds.
- Where is Flywheel Exchange, Inc. headquartered?
- Flywheel Exchange, Inc. is headquartered in Minneapolis, US.