About Mila
Mila is a company based in Mill Valley (United States) founded in 2019. It operates as a Direct-to-Consumer (D2C), and Subscription Services. Mila has raised $10 million across 1 funding round from investors including Cercano Management and Electrolux. Mila offers products and services including Mila Air 3, Mila Air Mini, and Personalized Filters. Mila operates in a competitive market with competitors including Teknipure, NAS Cloud Systems and Germstar, among others.
- Headquarter Mill Valley, United States
- Stage Minicorn
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Sectors
Consumer
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Phone
*********
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Website
*********
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Social
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- Legal Name Vitality Ventures
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$10 M (USD)
in 1 rounds
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Latest Funding Round
$10 M (USD), Series A
Dec 23, 2022
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Investors
Cercano Management
& 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 Mila Air 3, Mila Air Mini, and Personalized Filters. 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.
Advanced air purifier for larger living spaces.
Compact air purifier for medium-sized rooms.
Custom filters tailored for specific air needs.
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Funding Insights of Mila
Mila has successfully raised a total of $10M through 1 strategic funding round. The most recent funding activity was a Series A round of $10 million completed in December 2022. 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 1
- Last Round Series A — $10.0M
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First Round
First Round
(23 Dec 2022)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2022 | Amount | Series A - Mila | Valuation | Cercano Management |
| 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 institutional investors. Prominent investors backing the company include Cercano Management and Electrolux. 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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Provides investment advisory services to ultra-high-net-worth individuals and families.
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Founded Year | Domain | Location | |
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Electrolux India is engaged in manufacturing and selling home and kitchen appliances.
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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 Teknipure, NAS Cloud Systems and Germstar, 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 |
Clean-room wraps are supplied for contamination control in sterile settings.
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| domain | founded_year | HQ Location |
Provides cloud-based deep cleaning systems for data management.
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| domain | founded_year | HQ Location |
Provides premium hand sanitizers, dispensers, and refills for personal and industrial use.
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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 Mila
Frequently Asked Questions about Mila
When was Mila founded?
Mila was founded in 2019 and raised its 1st funding round 3 years after it was founded.
Where is Mila located?
Mila is headquartered in Mill Valley, United States. It is registered at Mill Valley, California, United States.
Is Mila a funded company?
Mila is a funded company, having raised a total of $10M across 1 funding round to date. The company's 1st funding round was a Series A of $10M, raised on Dec 23, 2022.
What does Mila do?
Mila is engaged in the production of innovative air purifiers designed for healthier homes. Solutions are offered for various room sizes with advanced features like smart sensors, carbon monoxide detection, and personalized filters. The company operates in the consumer goods sector, focusing on air quality solutions for residential spaces. Products are developed to address issues like dust, allergens, and pollution with high efficiency.
Who are the top competitors of Mila?
Mila's top competitors include Teknipure, NAS Cloud Systems and Germstar.
What products or services does Mila offer?
Mila offers Mila Air 3, Mila Air Mini, and Personalized Filters.
Who are Mila's investors?
Mila has 2 investors. Key investors include Cercano Management, and Electrolux.
What is Mila's valuation?
The valuation of Mila is $52M as of Dec 2022.