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
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Website bestmile.com
- Social LinkedIn X
- Acquired by ZF (Nov 2021)
- Total Equity Funding$33M (USD)
in 13 rounds
- Latest Funding Round$162.5K (USD), Grant
Sep 2021
- InvestorsParis Aeroport
& 14 more
- Acquired byZF
(Nov 2021)
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 $33M
- Total Rounds 13
- Last Round Grant — $162,500
- First Round $45,807
(Apr 2016)
- Investors Count 14
Latest 10 of 13 funding rounds of Bestmile with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2021 | $162,500 | Grant | – | – | – |
| Jan 2020 | $224,400 | Grant | – | – | – |
| Aug 2019 | $16.5M | Series B | – | TransLink Capital, Blue Lagoon | |
| May 2018 | $1.08M | Grant | – | – | – |
| Mar 2018 | $11M | Series A | – | Road Ventures | |
| Feb 2018 | $62,546 | Grant | – | – | – |
| Jan 2018 | $1.09M | Grant | – | – | |
| Jan 2018 | $60,314 | Grant | – | – | |
| Apr 2017 | $2M | Seed | – | Airbus Ventures, Partech Partners | – |
| Nov 2016 | $500,000 | Debt – Conventional | – | – |
15 investors in total: 15 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
US & Asia focused seed, early & expansion stage VC firm | – | translinkcapital.com | Palo Alto, United States | |
- | – | blu.biz | - | |
A venture capital fund focused on transportation and mobility is operated. | 2017 | roadventures.ch | Geneva, Switzerland | |
Venture capital is provided to global tech startups and scale-ups. | 1982 | partechpartners.com | Paris, France | |
Serena is engaged in venture capital investments for tech startups. | – | serena.vc | Paris, France | |
Early-stage tech investments are made across US, Europe, and Asia. | – | airbusventures.vc | Menlo Park, United States | |
- | – | mobility.fund | - | |
Grants and loans are provided by FIT for innovative startups. | 1994 | fondation-fit.ch | Lausanne, Switzerland | |
Seed-stage US tech startups are funded by Perot Jain. | – | perotjain.com | Dallas, United States | |
- | – | forticap.com | - |
Investor details for Bestmile
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Bestmile
4 dated milestones of Bestmile across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Bestmile is founded.
- Funding First funding round of $46K.
- Funding Latest funding round, Grant, of $162K.
- Exit Acquired by ZF.
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.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| samsara.com | 2015 | San Francisco, United States | $915M | 2,895 | AI-powered cloud-based vehicle tracking solutions are offered for fleet owners. | |
| wexinc.com | 1983 | Portland, United States | – | 6,123 | Employee benefit administration and payment solutions are provided for enterprises. | |
| radius.com | 1990 | San Francisco, United States | $332.76M | – | Predictive marketing and sales platform | |
| platformscience.com | 2014 | San Diego, United States | $293.07M | 226 | Provider of integrated solutions for fleet management | |
| fleetmatics.com | 2003 | Waltham, United States | $108M | 779 | Fleet management solutions are provided for tracking and optimization needs. | |
| omnitracs.com | 1985 | Dallas, United States | – | 999 | Cloud-based fleet management solutions are provided for transportation operations. | |
| comdata.com | 1969 | Brentwood, United States | – | – | Fleet management and payment processing solutions are provided. | |
| azuga.com | 2013 | San Jose, United States | – | 516 | GPS vehicle tracking and fuel management solution | |
| transflo.com | 1991 | Tampa, United States | $3.89M | 198 | Web-based solutions are provided for transportation and logistics operations. |
Detailed competitors of Bestmile
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Bestmile
Complete news archive for Bestmile
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Bestmile
10 companies that operate in the same segment as Bestmile (Autonomous Vehicles), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
AI-based system-on-chips are developed for advanced driver assistance systems. | 1999 | Jerusalem, Jerusalem District, Israel | USD 530 M | USD 1.89 B | 3,900 | |
AI and SaaS-based self-driving solutions for autonomous vehicles are provided. | 2017 | Mountain View, California, United States | USD 692.62 M | USD 3 M | 1,800 | |
Developer of LiDAR-based sensors | 2002 | San Francisco, California, United States | USD 129 M | USD 169.38 M | 192 | |
SaaS-enabled hardware and software for autonomous vehicles are developed. | 2013 | San Francisco, California, United States | USD 7.72 B | – | 3,326 | |
Autonomous driving and ADAS solutions are developed for vehicles. | 1990 | Pune, Maharashtra, India | – | USD 687.99 M | 10,470 | |
AI-enabled autonomous vehicles are developed for local goods deliveries. | 2016 | Menlo Park, California, United States | USD 2.34 B | – | – | |
Indra is recognized as a global leader in transportation, air traffic, and defense solutions. | 1992 | Madrid, Madrid, Spain | USD 279.03 M | USD 6.42 B | 60,910 | |
Self-driving vehicle solutions are developed and deployed for transportation. | 2009 | Mountain View, California, United States | USD 27.1 B | – | – | |
Developer of solid-state LiDAR sensors and perception software for autonomous vehicles | 2016 | Rosh Haayin, Central District, Israel | USD 252 M | USD 55.09 M | 415 | |
AI-enabled self-driving solutions are developed for autonomous vehicles. | 2016 | Fremont, California, United States | USD 1.19 B | USD 75.06 M | 1,460 |
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Frequently Asked Questions about Bestmile
Bestmile was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Bestmile is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
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 Debt – Conventional of $500K, raised on Apr 2016.
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.
Bestmile's top competitors include Samsara, Wright Express and Radius.
Bestmile has 15 investors. Key investors include Paris Aeroport, ZF, Partech Partners, European Union, and TransLink Capital.
Yes. Bestmile was acquired by ZF in November 2021.