About FanMiles
FanMiles is a company based in Berlin (Germany) founded in 2015 by Frank Schmidt, Alan Sternberg, and Fabian Maximilian Schmidt. It operates as a B2B. FanMiles has raised $2.86 million across 2 funding rounds from investors including Auden and Philipp Lahm. The company has 12 employees as of December 31, 2020. FanMiles has completed 1 acquisition, including Vamos. FanMiles operates in a competitive market with competitors including Bilt Rewards, Fetch, Drop, Nectar and Maximiles, among others.
- Headquarter Berlin, Germany
- Employees 12 as on 31 Dec, 2020
- Founders Frank Schmidt, Alan Sternberg, Fabian Maximilian Schmidt
- Stage Minicorn
-
Sectors
Technology
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Fanmiles Gmbh
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
Funding Insights of FanMiles
FanMiles has successfully raised a total of $2.86M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2.86 million completed in March 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 2
- Last Round Seed — $2.9M
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2017 | Amount | Seed - FanMiles | Valuation | Auden , Philipp Lahm |
|
| Mar, 2016 | Amount | Angel Round - FanMiles | 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 FanMiles
FanMiles has secured backing from 2 investors, including venture fund and angel investors. Prominent investors backing the company include Auden and Philipp Lahm. 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 | |
|
PL
Philipp Lahm |
-
|
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 FanMiles
FanMiles has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Vamos. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Event discovery platform
|
2012 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - FanMiles
| 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 |
Fanmiles Comparisons
Competitors of FanMiles
FanMiles 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 Bilt Rewards, Fetch, Drop, Nectar and Maximiles, 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 |
Reward-based rental management is facilitated via SaaS for residential properties.
|
|
| domain | founded_year | HQ Location |
Fetch is operated as a rewards app for earning gift cards.
|
|
| domain | founded_year | HQ Location |
Drop is operated as a rewards platform for shopping.
|
|
| domain | founded_year | HQ Location |
Coalition rewards-based loyalty program in the United Kingdom
|
|
| domain | founded_year | HQ Location |
Maximiles is operated as a platform for earning rewards through surveys.
|
|
| domain | founded_year | HQ Location |
Rewards-based coalition loyalty platform
|
| 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.
|
Frequently Asked Questions about FanMiles
When was FanMiles founded?
FanMiles was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is FanMiles located?
FanMiles is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Is FanMiles a funded company?
FanMiles is a funded company, having raised a total of $2.86M across 2 funding rounds to date.
How many employees does FanMiles have?
As of Dec 31, 2020, the latest employee count at FanMiles is 12.
What does FanMiles do?
FanMiles, backed by 2860350.0 from Auden, Philipp Lahm, focuses on marketing and advertising, offering loyalty programs, enhancing customer retention, and coalition schemes. FanMiles offers a coalition loyalty program connecting businesses and their customers. Driving innovation, growth, and excellence in its industry sectors.
Who are the top competitors of FanMiles?
FanMiles's top competitors include Bilt Rewards, Fetch and Drop.
How many acquisitions has FanMiles made?
FanMiles has made 1 acquisition, including Vamos.
Who are FanMiles's investors?
FanMiles has 2 investors. Key investors include Auden, and Philipp Lahm.
What is FanMiles's valuation?
The valuation of FanMiles is $31.65M as of Mar 2017.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.