About Flywheel Exchange
Flywheel Exchange is a private company based in Minneapolis, Minnesota, incorporated in 2020 in Delaware. It has reported $122,621,484 raised in eight offerings on Form D since August 2017. Its chief executive is Hooman Hakami.
Funding Rounds (SEC Form D)
| First sale | Filed with SEC | Amount sold | Investors | Avg. check | Terms | Filing |
|---|---|---|---|---|---|---|
| Dec 23, 2025 | Dec 31, 2025 | $16,386,648of $27.4M target | 40 | $409K | Equity, Options, Securities on exerciseRule 506(b) | Form D ↗ |
| Oct 31, 2025 | Nov 7, 2025 | $2,251,328of $2.5M target | 4 | $562K | Debt, Securities on exerciseRule 506(b) | Form D ↗ |
| Dec 27, 2024 | Jan 8, 2025 | $19,999,991of $30.0M target | 57 | $350K | Equity, OptionsRule 506(b) | Form D ↗ |
| May 26, 2023 | Jun 5, 2023 | $50,016,746of $56.2M target | 24 | $2.0M | EquityRule 506(b) | Form D ↗ |
| Jan 31, 2023 | Feb 10, 2023 | $4,302,909of $10.0M target | 7 | $614K | Debt, OptionsRule 506(b) | Form D ↗ |
| Oct 28, 2020 | Dec 15, 2020amended Jan 26, 2021 | $21,102,948of $23.3M target | 33 | $639K | Equity, Options, Securities on exerciseRule 506(b) | Form D/A ↗1 earlier filing |
| Oct 25, 2018 | Nov 9, 2018 | $100,000of $400K target | 1 | $100K | Debt, Options, Securities on exerciseRule 506(b) | Form D ↗ |
| Aug 24, 2017 | Aug 24, 2017amended Jun 4, 2019 | $8,460,914of $8.5M target | 53 | $159K | EquityRule 506(b) | Form D/A ↗2 earlier filings |
| Total, eight offerings | $122,621,484 | |||||
First sale is the date the first investor in the offering committed to invest. Companies must file Form D within 15 days of that date, so filing dates run later.
Leadership Team
Executive officers and directors listed on Flywheel Exchange's Form D filed Dec 31, 2025.
Earlier filings also listed Troy Kopischke (director, last listed Nov 2025), Sarah Fazio (executive officer, last listed Jan 2025), Matthew Michela (chief executive officer and director, last listed Jan 2025), Sara Fazio (executive officer, last listed Jun 2023), Marjin Dekkers (director, last listed Jun 2023), Jim Olson (chief executive officer and director, last listed Jun 2023), Danny Joe (executive officer, last listed Jun 2023) and Danny Cunagin (director, last listed Feb 2023).