About Automile
Automile is a company based in Pleasant Grove (United States) founded in 2013 was acquired by ABAX in October 2020.. Automile has raised $56.2 million across 5 funding rounds from investors including ABAX, Dawn Capital and Insight Partners. Automile offers products and services including Fleet Tracking and Fleet Management. Automile operates in a competitive market with competitors including Samsara, Radius, GreenRoad, EquipmentShare and Spireon, among others.
- Headquarter Pleasant Grove, United States
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Sectors
Industrial Goods & ManufacturingTransportation, Automotive & Logistics
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Phone
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Website
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Social
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- Legal Name Automile Inc.
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Products & Services of Automile
Automile offers a comprehensive portfolio of products and services, including Fleet Tracking and Fleet Management. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Real-time tracking of vehicles and assets for location updates.
Manages routing, alerts, and reports to optimize fleet operations.
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Funding Insights of Automile
Automile has successfully raised a total of $56.2M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $34 million completed in October 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series B — $34.0M
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First Round
First Round
(01 Jun 2014)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Oct, 2017 | Amount | Series B - Automile | Valuation | Insight Partners | |
| Dec, 2016 | Amount | Series A - Automile | Valuation | SaaStr | |
| Jul, 2016 | Amount | Series A - Automile | Valuation | SaaStr |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Automile
Automile has secured backing from 11 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include ABAX, Dawn Capital and Insight Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Investment firm scaling software and technology companies from early to late stages.
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Founded Year | Domain | Location | |
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Dawn Capital is focused on investing in European software startups.
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Founded Year | Domain | Location | |
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Venture capital investments are directed toward marketplace and SaaS companies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Automile
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Automile
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Automile Comparisons
Competitors of Automile
Automile operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Samsara, Radius, GreenRoad, EquipmentShare and Spireon, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners.
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| domain | founded_year | HQ Location |
Predictive marketing and sales platform
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| domain | founded_year | HQ Location |
Fleet telematics and management solutions for safe driving are provided.
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| domain | founded_year | HQ Location |
Equipment rental marketplace and digital tools for construction are offered.
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| domain | founded_year | HQ Location |
SaaS-enabled solutions for fleet and field service management are offered.
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| domain | founded_year | HQ Location |
IoT networking hardware and device management platforms are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Automile
Frequently Asked Questions about Automile
When was Automile founded?
Automile was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Where is Automile located?
Automile is headquartered in Pleasant Grove, United States. It is registered at Pleasant Grove, Utah, United States.
Is Automile a funded company?
Automile is a funded company, having raised a total of $56.2M across 5 funding rounds to date. The company's 1st funding round was a Series A of $6.2M, raised on Jun 01, 2014.
What does Automile do?
Founded in 2013 in Pleasant Grove, United States, the company operates in the fleet management sector. Hardware devices are installed in vehicles and synchronized with a central platform and mobile applications for Android and iOS. Real-time location tracking, route planning and optimization, geofencing, vehicle inspections, and maintenance management are supported through these integrated solutions.
Who are the top competitors of Automile?
Automile's top competitors include Samsara, Radius and EquipmentShare.
What products or services does Automile offer?
Automile offers Fleet Tracking and Fleet Management.
Who are Automile's investors?
Automile has 11 investors. Key investors include ABAX, Dawn Capital, Insight Partners, SaaStr, and Point Nine.