SAN FRANCISCO, May 14, 2019 /PRNewswire-PRWeb/ — Wheelwell has been selected as a finalist for Red Herring’s Top 100 North America award, one of the technology industry’s most prestigious prizes awarded to disruptive startups on a rapid growth trajectory. Finalists for the award are among the continent’s brightest and most innovative private ventures.

Wheelwell’s place among North America’s tech elite was chosen by Red Herring’s editorial team during a months-long process that evaluated the company using more than 20 criteria, including disruptive impact, proof of concept, financial performance, market footprint, and quality of management.

“We are delighted to have been selected as a finalist for the Red Herring Top 100 North American award, and to be recognized as an innovative business at a time when innovation is intrinsically linked to investor value,” said Wheelwell CEO Peter J. Nielsen. “Backed by some of the top social-commerce investors, Wheelwell is building a fast track into a $117 billion market by applying advanced technology to become a node for connecting car enthusiasts with community, expertise, and products.”

“Selecting finalists for this year’s Top 100 has proved more difficult than ever,” said Alex Vieux, publisher and chairman of Red Herring. “North America has been tech’s beating heart for years, but never have I seen such an exciting, disruptive and innovative generation as we have in 2019.”

For over two decades, Red Herring’s team has seen through the tech sector’s hype to select brands that have become industry benchmarks. Previous Top 100 finalists have included Alibaba, Facebook, Google, Skype, SuperCell, Spotify, Twitter, and YouTube.

The Top 100 North America has become not only a springboard for some of tech’s biggest names, but a valued and trusted tool for the venture capitalists, experts and analysts who predict trends at the industry’s sharpest edge.

“Wheelwell fully deserves its place among our finalists, and I’ve every confidence it will make a significant impact in the tech world,” added Vieux.

Finalists are invited to present their winning strategies at the Red Herring Top 100 North America conference in Pasadena, May 13-15, 2019. The Top 100 winners will be announced at a special awards ceremony on the evening of May 15 at the event.

About Wheelwell
Wheelwell is the first and largest social commerce company for the automotive market. Venture-backed and headquartered in San Francisco, the Wheelwell team consists of former employees of Apple, eBay, Nextdoor, Twitter, AutoAnything, MotorTrend, and Volvo — all united on a mission to help car enthusiasts easily find and buy the very best products for their cars. For more information, visit wheelwell.com.

Media contact:
Tim Cox, SMG for Wheelwell
tcox(at)strykermunleygroup.com

SOURCE Wheelwell Inc.