Flywheel raises $4 million in Series A, led by Five Elms

Omaha-based startup Flywheel has raised $4 million in their Series A. The fundraising round was led by Kansas-City based Five Elms Capital. “Flywheel’s platform changes the way that WordPress designers do business,” said Thomas Kershisnik of Five Elms Capital, in a press release. “They have the leadership, culture, and resources to continue building invaluable tools for their customers; we…

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Omaha-based startup Flywheel has raised $4 million in their Series A. The fundraising round was led by Kansas-City based Five Elms Capital.

“Flywheel’s platform changes the way that WordPress designers do business,” said Thomas Kershisnik of Five Elms Capital, in a press release. “They have the leadership, culture, and resources to continue building invaluable tools for their customers; we are thrilled to partner with them.”

According to the release, Flywheel will use the funding for continued product development.

Flywheel was founded in 2012 by Dusty Davidson, Tony Noecker and Rick Knudtson. The company offers WordPress hosting and management centered around designers and creative agencies. They currently serve over 40,000 agencies, freelancers, and creatives.

“From day one, the Five Elms team understood Flywheel, our unique position in the market, and the opportunities it creates,” said Davidson, in a press release. “We dream and scheme in similar ways and generally just think they’re awesome to work with.”

Flywheel previously raised a $1.2 million seed round in 2014 led by Linseed Capital. The company was also the winner of “Startup of the Year” and “Best Culture” at the 2015 Silicon Prairie Awards. Last November Silicon Prairie News interviewed Davidson on the secret to their company culture.

Note: Dusty Davidson is the co-founder of Silicon Prairie News, which was acquired by AIM in 2015.

This story is part of the AIM Archive

This story is part of the AIM Institute Archive on Silicon Prairie News. AIM gifted SPN to the Nebraska Journalism Trust in January 2023. Learn more about SPN’s origin »

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3 responses to “Flywheel raises $4 million in Series A, led by Five Elms”

  1. Rick Knudtson Avatar
    Rick Knudtson

    Thanks for the coverage SPN!

  2. Eric Dinger Avatar
    Eric Dinger

    Congratulations, Dusty and crew! Big news!

  3. […] to innovative thinking—more than 40 growing startups are currently based here. One of them, Flywheel, a WordPress hosting and management startup, just raised $4 million in their Series A, and video […]

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