About Bestmile
Bestmile is a company based in San Francisco (United States) founded in 2014 was acquired by ZF in November 2021.. Bestmile has raised $33 million across 13 funding rounds from investors including Paris Aeroport, ZF and Partech Partners. Bestmile operates in a competitive market with competitors including Samsara, Wright Express, Radius, Platform Science and Fleetmatics, among others.
- Headquarter San Francisco, United States
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Sectors
Transportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$33 M (USD)
in 13 rounds
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Latest Funding Round
$162.5 K (USD), Grant
Sep 01, 2021
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Investors
Paris Aeroport
& 14 more
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Employee Count
Employee Count
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Acquired by
ZF
(Nov 04, 2021)
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Funding Insights of Bestmile
Bestmile has successfully raised a total of $33M across 13 strategic funding rounds. The most recent funding activity was a Grant round of $162.5 thousand completed in September 2021. 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 13
- Last Round Grant — $162,500
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First Round
First Round
(19 Apr 2016)
- Investors Count 14
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2021 | Amount | Grant - Bestmile | Valuation |
investors |
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| Jan, 2020 | Amount | Grant - Bestmile | Valuation |
investors |
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| Aug, 2019 | Amount | Series B - Bestmile | Valuation | TransLink Capital , Blue Lagoon |
| 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 |
Investors in Bestmile
Bestmile has secured backing from 15 investors, including venture fund and institutional investors. Prominent investors backing the company include Paris Aeroport, ZF and Partech 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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US & Asia focused seed, early & expansion stage VC firm
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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A venture capital fund focused on transportation and mobility is operated.
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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 Bestmile
| 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 - Bestmile
| 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 |
Bestmile Comparisons
Competitors of Bestmile
Bestmile 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, Wright Express, Radius, Platform Science and Fleetmatics, 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 |
|---|---|---|---|---|
| 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 |
Employee benefit administration and payment solutions are provided for enterprises.
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| domain | founded_year | HQ Location |
Predictive marketing and sales platform
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| domain | founded_year | HQ Location |
Provider of integrated solutions for fleet management
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| domain | founded_year | HQ Location |
Fleet management solutions are provided for tracking and optimization needs.
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| domain | founded_year | HQ Location |
Cloud-based fleet management solutions are provided for transportation operations.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Bestmile
Frequently Asked Questions about Bestmile
When was Bestmile founded?
Bestmile was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Where is Bestmile located?
Bestmile is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Bestmile a funded company?
Bestmile is a funded company, having raised a total of $33M across 13 funding rounds to date. The company's 1st funding round was a Series B of $16.5M, raised on Apr 19, 2016.
What does Bestmile do?
Cloud-driven fleet optimization solutions for autonomous human-driven vehicles. It offers solutions to manage on-demand transportation by integrating with multiple transport modes like autonomous and human-driven vehicles and provides an end-to-end application solution for travelers, drivers, and operators. It offers a fleet orchestration platform it can be integrated with the third-party system for fleet management. It offers modules like dispatching, business intelligence, and more. Also, it offers solutions for ride-hailing companies, autonomous shuttle, Robo taxis, and more. It offers features like optimizing business risk fleet utilization, predicting reliable services, and more.
Who are the top competitors of Bestmile?
Bestmile's top competitors include Samsara, Wright Express and Radius.
Who are Bestmile's investors?
Bestmile has 15 investors. Key investors include Paris Aeroport, ZF, Partech Partners, European Union, and TransLink Capital.
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