About Mila
Mila is a company based in Berlin (Germany) founded in 2013 was acquired by Swisscom in November 2015.. Mila has raised $5.22 million across 2 funding rounds from investors including Swisscom, Born2Grow and Oriza Ventures. Mila operates in a competitive market with competitors including DomoOne Solutions, among others.
- Headquarter Berlin, Germany
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Sectors
Business Services
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Phone
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Website
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Social
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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 Total Funding
- Total Rounds 2
- Last Round Seed — $2.0M
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First Round
First Round
(05 Mar 2013)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2022 | Amount | Seed - Mila | Valuation | Born2Grow | |
| Mar, 2013 | Amount | Seed - Mila | Valuation | Peter Zencke , Adrian Bult |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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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. 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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Early-stage tech startups are invested in by Alpana Ventures.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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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 |
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| 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 |
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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 DomoOne Solutions, 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 |
Electronics repair services provider.
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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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Latest news on Mila
Frequently Asked Questions about Mila
When was Mila founded?
Mila was founded in 2013.
Where is Mila located?
Mila is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Is Mila a funded company?
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 05, 2013.
What does Mila do?
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.
Who are the top competitors of Mila?
Mila's top competitors include DomoOne Solutions.
Who are Mila's investors?
Mila has 6 investors. Key investors include Swisscom, Born2Grow, Oriza Ventures, Alpana Ventures, and Peter Zencke.
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