About MileIQ
MileIQ is a company based in San Francisco (United States) founded in 2012 was acquired by Bending Spoons in July 2025. MileIQ has raised $15.11 million across 2 funding rounds from investors including Microsoft, Bending Spoons and Investor. MileIQ offers products and services including MileIQ App. MileIQ operates in a competitive market with competitors including Ramp, Brex, Navan, Spendesk and Concur, among others.
- Headquarter San Francisco, United States
-
Sectors
Travel & HospitalityTechnology
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Mileiq Inc.
-
Annual Revenue
Not available
-
Net Profit
Not available
-
EBITDA
Not available
-
Total Equity Funding
$15.11 M (USD)
in 2 rounds
-
Latest Funding Round
$12.11 M (USD), Series A
Jan 29, 2015
-
Investors
Microsoft
& 7 more
-
Employee Count
Not available
- Acquired by
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
Products & Services of MileIQ
MileIQ offers a comprehensive portfolio of products and services, including MileIQ App.
App automatically logs drives for tax deductions and reimbursements.
People of MileIQ
Unlock access to complete
Funding Insights of MileIQ
MileIQ has successfully raised a total of $15.11M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $12.11 million completed in January 2015. 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.
Investors in MileIQ
MileIQ has secured backing from 8 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Microsoft, Bending Spoons and Investor.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Venture capital firm investing in early-stage technology and real estate companies.
|
Locked | Locked | Locked | |
|
CRV is recognized as a venture capital firm investing in technology startups.
|
Locked | Locked | Locked | |
|
Early-stage investments are provided to transformative technology companies.
|
Locked | Locked | Locked |
Investor details for MileIQ
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by MileIQ
Investment portfolio details for MileIQ
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - MileIQ
Detailed financials for MileIQ
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Mileiq Comparisons
Peer comparison for MileIQ
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of MileIQ
MileIQ 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 Ramp, Brex, Navan, Spendesk and Concur, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Spend management and accounts payable solutions are delivered to businesses.
|
|
| Locked | Locked | Locked |
SaaS-driven credit card and spend management solutions platform for businesses
|
|
| Locked | Locked | Locked |
Corporate travel and expense management are facilitated through SaaS platform.
|
|
| Locked | Locked | Locked |
Provider of prepaid cards for financial benefits of employees
|
|
| Locked | Locked | Locked |
Corporate travel expenses and invoices are managed via SaaS platform.
|
|
| Locked | Locked | Locked |
Corporate cards and expense management are offered to businesses.
|
Detailed competitors of MileIQ
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Mileiq
Complete news archive for MileIQ
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about MileIQ
MileIQ was founded in 2012 and raised its 1st funding round 2 years after it was founded.
MileIQ is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
MileIQ is a funded company, having raised a total of $15.11M across 2 funding rounds to date.
MileIQ was founded in 2012 in San Francisco, United States, within the software sector focused on business expense management. Mobile applications for Android and iOS platforms are utilized to detect drives automatically and sync data to the cloud. IRS-compliant records are generated to support mileage deductions for small business owners and self-employed individuals. Operations emphasize accurate documentation, with pricing set as a fixed monthly subscription.
MileIQ offers MileIQ App.
MileIQ has 8 investors. Key investors include Microsoft, Bending Spoons, Investor, Trinity Ventures, and CRV.