About MILES Mobility
MILES Mobility is a company based in Berlin (Germany) founded in 2018.. MILES Mobility has raised $5.68 million across 4 funding rounds from investors including Flash Global, Crosslantic Capital and Avala Capital. MILES Mobility has completed 1 acquisition, including We Share. MILES Mobility operates in a competitive market with competitors including TIER, Sixt, SHARE NOW, Car2go and ZET, among others.
- Headquarter Berlin, Germany
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Sectors
Travel & HospitalityTransportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$5.68 M (USD)
in 4 rounds
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Latest Funding Round
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Investors
Flash Global
& 10 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Funding Insights of MILES Mobility
MILES Mobility has successfully raised a total of $5.68M across 4 strategic funding rounds. 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 4
- Last Round Last Round
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First Round
First Round
(21 Mar 2019)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2022 | Amount | Series C - MILES Mobility | Valuation | Crosslantic Capital |
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| Jun, 2021 | Amount | Series C - MILES Mobility | Valuation | Avala Capital |
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| May, 2021 | Amount | Angel Round - MILES Mobility | Valuation | Emmanuel Thomassin , Christian Gartner |
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| 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 MILES Mobility
MILES Mobility has secured backing from 11 investors, including venture fund and angel investors. Prominent investors backing the company include Flash Global, Crosslantic Capital and Avala Capital. 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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Growth capital is offered to exceptional entrepreneurs and companies.
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Founded Year | Domain | Location | |
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Venture capital investments are made in technology-driven companies.
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Founded Year | Domain | Location | |
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Tech focused VC firm investing in early stage companies in Russia and parts of Europe
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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 MILES Mobility
MILES Mobility has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include We Share. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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App-based platfom for electric car rental
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2018 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - MILES Mobility
| 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 |
Miles Mobility Comparisons
Competitors of MILES Mobility
MILES Mobility 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 TIER, Sixt, SHARE NOW, Car2go and ZET, 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 |
Electric kick-scooters are rented through a mobile app platform.
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| domain | founded_year | HQ Location |
Rental cars and trucks are provided via an online platform.
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| domain | founded_year | HQ Location |
App-based platform for electric-car rental
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| domain | founded_year | HQ Location |
Operates an app-based platform for online car sharing.
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| domain | founded_year | HQ Location |
Mobility solutions for e-car sharing companies are provided by ZET.
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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 Miles Mobility
Frequently Asked Questions about MILES Mobility
When was MILES Mobility founded?
MILES Mobility was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Where is MILES Mobility located?
MILES Mobility is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Is MILES Mobility a funded company?
MILES Mobility is a funded company, having raised a total of $5.68M across 4 funding rounds to date.
What does MILES Mobility do?
Founded in 2018 and headquartered in Berlin, Germany, MILES Mobility operates within the urban mobility sector. An app-based platform is utilized for free-float car rentals in various German cities, where vehicles can be located, unlocked, and booked on demand. Rentals conclude with parking in any legal space, and charges are applied based solely on distance traveled. The service is accessible via mobile applications for iOS and Android devices.
Who are the top competitors of MILES Mobility?
How many acquisitions has MILES Mobility made?
MILES Mobility has made 1 acquisition, including We Share.
Who are MILES Mobility's investors?
MILES Mobility has 11 investors. Key investors include Flash Global, Crosslantic Capital, Avala Capital, Emmanuel Thomassin, and Christian Gartner.
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