About Electric Miles
Electric Miles is a company based in London (United Kingdom) founded in 2018 by Arun Anand.. Electric Miles has raised $1.35 million across 4 funding rounds from investors including Vestel Ventures. Electric Miles offers products and services including Charge Management Software, V2G Trading Platform, and Home Charging Service. Electric Miles operates in a competitive market with competitors including Monta, SWTCH, AmpUp, Smartcar and Fuuse, among others.
- Headquarter London, United Kingdom
- Founders Arun Anand
- Stage Minicorn
-
Sectors
Transportation, Automotive & LogisticsEnergy & Utilities
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Electric Miles Limited
- Date of Incorporation 21 Sep, 2017
- Jurisdiction BUSHEY, ENGLAND
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$1.35 M (USD)
in 4 rounds
-
Latest Funding Round
- Investors
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Electric Miles
Electric Miles offers a comprehensive portfolio of products and services, including Charge Management Software, V2G Trading Platform, and Home Charging Service. 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.
Software for optimizing EV charging and energy use
Platform enabling vehicle-to-grid energy transactions
Service for secure home EV charging monitoring
Funding Insights of Electric Miles
Electric Miles has successfully raised a total of $1.35M across 4 strategic funding rounds. 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 Last Round
-
First Round
First Round
(14 Jan 2021)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2024 | Amount | Seed - Electric Miles | Valuation |
investors |
|
| Apr, 2022 | Amount | Seed - Electric Miles | Valuation |
investors |
|
| Jun, 2021 | Amount | Seed - Electric Miles | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Electric Miles
Electric Miles has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Vestel Ventures. 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 |
|---|---|---|---|---|
|
-
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Electric Miles
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Electric Miles
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Electric Miles Comparisons
Competitors of Electric Miles
Electric Miles 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 Monta, SWTCH, AmpUp, Smartcar and Fuuse, 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 |
Monta is recognized as a provider of EV charging software solutions.
|
|
| domain | founded_year | HQ Location |
Provider of EV charging management systems
|
|
| domain | founded_year | HQ Location |
Tech-enabled platform offering charging point management solutions
|
|
| domain | founded_year | HQ Location |
Provider of SaaS-driven API platform for connected car data
|
|
| domain | founded_year | HQ Location |
Electric-vehicle charging stations are managed via a SaaS platform.
|
|
| domain | founded_year | HQ Location |
EV charging platform is provided for network expansion in India.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Electric Miles
Frequently Asked Questions about Electric Miles
When was Electric Miles founded?
Electric Miles was founded in 2018 and raised its 1st funding round 3 years after it was founded.
Where is Electric Miles located?
Electric Miles is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of Electric Miles?
Arun Anand is the current CEO of Electric Miles. They have also founded this company.
Is Electric Miles a funded company?
Electric Miles is a funded company, having raised a total of $1.35M across 4 funding rounds to date. The company's 1st funding round was a Seed of $1.1M, raised on Jan 14, 2021.
What does Electric Miles do?
Electric Miles was founded in 2018 in London, United Kingdom, and operates in the electric vehicle infrastructure sector. Solutions for the stability of the EV charging grid are offered, including management of charging infrastructure, fleet operations, and charge regulation. A mobile application is made available for iOS and Android devices to support these services.
Who are the top competitors of Electric Miles?
What products or services does Electric Miles offer?
Electric Miles offers Charge Management Software, V2G Trading Platform, and Home Charging Service.
Who are Electric Miles's investors?
Electric Miles has 1 investor. Key investors include Vestel Ventures.
What is Electric Miles's valuation?
The valuation of Electric Miles is $5.37M as of Apr 2022.