About Mila
Mila is a Business Services company based in Berlin (Germany) founded in 2013, and was acquired by Swisscom in November 2015. A marketplace for local service providers. Mila has raised $5.22 million across 2 funding rounds from investors including Swisscom, Born2Grow and Oriza Ventures. Its focus areas include Consumer, Local Services, Home Services and Maintenance & Repair.
Company details
Mila was founded in 2013 in Berlin, Germany, as a digital marketplace in the local services sector. Customers are enabled to discover and purchase services from providers or to post specific requirements online. Service providers can establish profiles, review task listings, and submit bids. Transactions are supported through PayPal, credit cards, or cash payments, facilitating operations within the region.
Funding Insights of Mila
Mila has successfully raised a total of $5.22M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2 million completed in June 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 $5.22M
- Total Rounds 2
- Last Round Seed — $2M
- First Round $3.22M
(Mar 2013)
- Investors Count 5
All 2 funding rounds of Mila with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2022 | $2M | Seed | – | Born2Grow | |
| Mar 2013 | $3.22M | Seed | – | Peter Zencke, Adrian Bult | – |
6 investors in total: 4 institutional and 2 angel.
Investors in Mila
Mila has secured backing from 6 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Swisscom, Born2Grow and Oriza Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| born2grow.de | ||||
| orizaventures.com | ||||
Early-stage tech startups are invested in by Alpana Ventures. | alpana-ventures.ch | Geneva, Switzerland | ||
Mobile and internet services provided to residential and business customers. | 1852 | swisscom.ch | Bern, Switzerland | |
PZ Peter Zencke | unknown_871c6949d0ae478b8 | |||
AB Adrian Bult | unknown_413be796d94e4fae8 |
Investor details for Mila
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Mila
10 people are tracked at Mila (4 in leadership, 6 in board & advisors).
| Name | Role | Group |
|---|---|---|
Andrew Wilkins | CTO | Leadership |
Adam Williams | Chief Revenue Officer | Leadership |
Roger Eugster | Head of Finance & Operations | Leadership |
Chris Viatte | Founder & CEO | Leadership |
Gerald Reitmayr | Advisor | Board & advisors |
Alireza Masrour | Advisor | Board & advisors |
Hervé Liboureau | Advisor | Board & advisors |
Matt Atkin | Director | Board & advisors |
Alexander Fries | Director | Board & advisors |
Alex Liang | Director | Board & advisors |
Complete people profiles for Mila
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Mila
4 dated milestones of Mila across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Mila is founded.
- Funding First funding round of $3.2M.
- Exit Acquired by Swisscom.
- Funding Latest funding round, Seed, of $2.0M.
Web traffic of Mila
The website of Mila (mila.com) receives about 7.2K visits a month.
- Monthly visits7.2K
▲ 15.9% vs previous month
Websites whose visitors overlap most with Mila. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
coresystems.ch | coresystems.ch | 100% | #2,794,483 | – | |
codertools.com | codertools.com | 87% | – | ||
venturevillage.eu | venturevillage.eu | 60% | – | ||
fahrschule-g-schmidt.de | fahrschule-g-schmidt.de | 57% | – | ||
fahrschulekobe.de | fahrschulekobe.de | 42% | – |
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Frequently Asked Questions about Mila
Mila was founded in 2013.
Mila is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Mila is a funded company, having raised a total of $5.22M across 2 funding rounds to date. The company's 1st funding round was a Seed of $3.22M, raised on Mar 2013.
Mila was founded in 2013 in Berlin, Germany, as a digital marketplace in the local services sector. Customers are enabled to discover and purchase services from providers or to post specific requirements online. Service providers can establish profiles, review task listings, and submit bids. Transactions are supported through PayPal, credit cards, or cash payments, facilitating operations within the region.
Mila has 6 investors. Key investors include Swisscom, Born2Grow, Oriza Ventures, Alpana Ventures, and Peter Zencke.
Yes. Mila was acquired by Swisscom in November 2015.