About CloudMile
CloudMile is a company based in Singapore (Singapore) founded in 2017 by Spencer Liu.. CloudMile has raised $60 million across 4 funding rounds from investors including Taiwan Mobile, Taiwan Cooperative Financial Holding and Multi Venture Capital. CloudMile operates in a competitive market with competitors including UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, among others.
- Headquarter Singapore, Singapore
- Founders Spencer Liu
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Sectors
Business ServicesTechnology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Cloud Mile Pte. Ltd.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$60 M (USD)
in 4 rounds
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Latest Funding Round
$20 M (USD), Series D
Nov 04, 2025
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Investors
Taiwan Mobile
& 4 more
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Employee Count
Employee Count
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Funding Insights of CloudMile
CloudMile has successfully raised a total of $60M across 4 strategic funding rounds. The most recent funding activity was a Series D round of $20 million completed in November 2025. 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 4
- Last Round Series D — $20.0M
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First Round
First Round
(20 Nov 2019)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2025 | Amount | Series D - CloudMile | Valuation |
investors |
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| Mar, 2022 | Amount | Series C - CloudMile | Valuation | Taiwan Mobile , Multi Venture Capital |
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| Jul, 2021 | Amount | Series B - CloudMile | Valuation |
investors |
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| 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 CloudMile
CloudMile has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Taiwan Mobile, Taiwan Cooperative Financial Holding and Multi Venture Capital. 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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Founded Year | Domain | Location | |
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PE firm investing in Asia
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Founded Year | Domain | Location | |
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Investment management services are offered by the company.
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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 CloudMile
| 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 - CloudMile
| 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 |
Cloudmile Comparisons
Competitors of CloudMile
CloudMile 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 UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, 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 |
High-quality office furniture is provided by UST for various needs.
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| domain | founded_year | HQ Location |
Application development, cloud, cybersecurity, and business intelligence services are provided.
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| domain | founded_year | HQ Location |
AI, cloud, and blockchain services are provided globally.
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| domain | founded_year | HQ Location |
IT and digital transformation services are delivered to various industries.
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| domain | founded_year | HQ Location |
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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| domain | founded_year | HQ Location |
Provider of end-to-end business process outsourcing services
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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 Cloudmile
Frequently Asked Questions about CloudMile
When was CloudMile founded?
CloudMile was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Where is CloudMile located?
CloudMile is headquartered in Singapore, Singapore.
Who is the current CEO of CloudMile?
Spencer Liu is the current CEO of CloudMile. They have also founded this company.
Is CloudMile a funded company?
CloudMile is a funded company, having raised a total of $60M across 4 funding rounds to date. The company's 1st funding round was a Series B of $20M, raised on Nov 20, 2019.
What does CloudMile do?
CloudMile was established in 2017 in Singapore as a provider of data and cloud management solutions, AI integration, and managed IT services. Operations focus on technology infrastructure support for businesses in the region. The company is headquartered in Singapore and led by founder Spencer Liu, who serves as CEO. Services address core needs in cloud optimization and AI deployment across various sectors. The domain mile.cloud is used for online presence.
Who are the top competitors of CloudMile?
CloudMile's top competitors include Happiest Minds, 1&1 IONOS and Genpact.
Who are CloudMile's investors?
CloudMile has 5 investors. Key investors include Taiwan Mobile, Taiwan Cooperative Financial Holding, Multi Venture Capital, CDIB Capital, and Black Marble Capital Management.
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