About MiLa
MiLa is a company based in Bellevue (United States) founded in 2018 by Jennifer Liao and Caleb Wang.. MiLa has raised $53.5 million across 3 funding rounds from investors including Stripes and Imaginary Ventures. MiLa offers products and services including Soup Dumplings, Potstickers, Noodles, Sauce Trio, and Steamer Basket. MiLa operates in a competitive market with competitors including ClusterTruck, Maple, Le Pain Quotidien, Good Uncle and junzi, among others.
- Headquarter Bellevue, United States
- Founders Jennifer Liao, Caleb Wang
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Sectors
Consumer
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Xcj Corp.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$53.5 M (USD)
in 3 rounds
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Latest Funding Round
$22.5 M (USD), Series A
Mar 30, 2023
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Investors
Stripes
& 1 more
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Employee Count
Employee Count
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Products & Services of MiLa
MiLa offers a comprehensive portfolio of products and services, including Soup Dumplings, Potstickers, Noodles, Sauce Trio, and Steamer Basket. 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.
Frozen Chinese soup dumplings that steam quickly for home meals.
Crispy Chinese potstickers prepared in minutes for easy snacking.
Fresh Chinese noodles ready in under 10 minutes for home cooking.
Set of dipping sauces to complement dumplings and noodles.
Tool for steaming dumplings efficiently at home.
Funding Insights of MiLa
MiLa has successfully raised a total of $53.5M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $22.5 million completed in March 2023. 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 3
- Last Round Series A — $22.5M
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First Round
First Round
(13 Oct 2022)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2023 | Amount | Series A - MiLa | Valuation | Stripes , Imaginary |
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| Jan, 2023 | Amount | Series B - MiLa | Valuation |
investors |
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| Oct, 2022 | Amount | Series A - MiLa | Valuation |
investors |
| 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 MiLa
MiLa has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Stripes and Imaginary 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 |
|---|---|---|---|---|
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Global investments are made in product-led growth companies.
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Founded Year | Domain | Location | |
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Retail and technology startups are funded by Imaginary venture capital.
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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 MiLa
| 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 - MiLa
| 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 |
Mila Comparisons
Competitors of MiLa
MiLa 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 ClusterTruck, Maple, Le Pain Quotidien, Good Uncle and junzi, 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 |
Food delivery platform on food truck concept
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| domain | founded_year | HQ Location |
Maple is recognized as a workforce management suite for long-term care.
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| domain | founded_year | HQ Location |
Bakery-cafés are operated to offer artisanal breads and pastries.
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| domain | founded_year | HQ Location |
Signature restaurant recipes are licensed, prepared, and delivered via app.
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| domain | founded_year | HQ Location |
A chain of restaurants is operated, providing food and drinks.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Frequently Asked Questions about MiLa
When was MiLa founded?
MiLa was founded in 2018 and raised its 1st funding round 4 years after it was founded.
Where is MiLa located?
MiLa is headquartered in Bellevue, United States. It is registered at Bellevue, Washington, United States.
Who is the current CEO of MiLa?
Caleb Wang is the current CEO of MiLa. They have also founded this company.
Is MiLa a funded company?
MiLa is a funded company, having raised a total of $53.5M across 3 funding rounds to date. The company's 1st funding round was a Series A of $10M, raised on Oct 13, 2022.
What does MiLa do?
MiLa was founded in 2018 in Bellevue, United States, as an internet-first brand in the street foods sector. Items such as soup dumplings, BBQ skewers, and ice creams are provided. Operations include pickup and delivery services, along with options for outdoor and indoor dining. The focus remains on accessible food distribution through digital platforms.
Who are the top competitors of MiLa?
MiLa's top competitors include ClusterTruck, Good Uncle and Maple.
What products or services does MiLa offer?
MiLa offers Soup Dumplings, Potstickers, Noodles, Sauce Trio, and Steamer Basket.
Who are MiLa's investors?
MiLa has 2 investors. Key investors include Stripes, and Imaginary Ventures.
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