Looking to sell Flywheel stock or options?
Flywheel has developed a cloud-based research data management platform tailored to boost biomedical research and collaboration. This platform utilizes cloud scalability and automates research workflows, facilitating collaborative research, machine learning discoveries, and multicenter studies and clinical trials. It allows organizations to scale their research data and analysis, enhance scientific collaboration, and speed up discoveries.
York IE, Equity Investment Group, Hewlett Packard Pathfinder, Beringea, Hewlett Packard Enterprise, Seraph, Intuitive Ventures, Novalis LifeSciences, Argonautic Ventures, Tillman Venture Partners, Key Investments, Great North Ventures, Lagomaj Capital, Edge (Onalaska), Alumni Ventures, 8VC, Gundersen Health System, Microsoft, Invenshure, dRx Capital Novartis, iSelect Fund, NVentures (Santa Clara).
Flywheel is currently a private company. This means that the company is not listed on any public exchange and so there is no public market for its stock. However, there may still be ways to monetize Flywheel stock. Depending on Flywheel’s policies, you may be able to: (1) find a private buyer in the secondary market to purchase your stock, (2) borrow against your stock, or (3) exchange Flywheel stock into the Collective Exchange Fund for a limited partnership interest and then borrow non-recourse against your interest to generate immediate cash. This last alternative can be much quicker and net you more after-tax cash than your other options. An exchange into our fund also reduces your risk by diversifying your holdings out of an over-concentrated position.
Collective Liquidity can provide liquidity to shareholders of Flywheel stock in two ways. First, Flywheel employees can exchange shares into the Collective Exchange Fund and then borrow non-recourse to generate immediate cash. This can net you more after-tax cash than a stock sale. It also reduces your risk by diversifying your holdings out of an over-concentrated position. In some cases, Collective may also be able to purchase your Flywheel stock. Note that all transactions in Flywheel shares are subject to the company’s policies regarding secondary transactions. Schedule a call with a Collective Liquidity representative to learn more about your private market liquidity alternatives.
Flywheel stock is not listed on any public exchange and so there is no public market for its shares. Therefore, there is no single, centralized price for Flywheel stock. Typically, shares of private companies like Flywheel are set with buyers in one off negotiations. Collective Liquidity, however, uses a proprietary algorithm to determine its bids so we almost always have an immediately actionable price for you.
On Jun 2023, Flywheel is reported to have closed an equity financing in which the investors valued the company at $308M. This valuation is typically calculated by multiplying the per share price of the preferred stock sold in the financing by the number of Flywheel shares outstanding assuming the conversion of all stock options, warrants, etc.
Tickers are used to identify company’s shares on public markets like the NYSE or Nasdaq. Because Flywheel is not currently publicly traded, it does not have a ticker symbol.
Flywheel has not yet conducted an initial public offering (“IPO”) and so remains a private company. Though Flywheel is a well-known, successful company, there can be no assurance that it will ever go public or be sold. Because of the risk this imposes on Flywheel shareholders, many investors elect to gain liquidity for at least some of their shares before the IPO. Schedule a call with a Collective Liquidity representative to discuss your private market liquidity alternatives.