About Webmiles
Webmiles is a company based in Munchen (Germany) founded in 1999 by Patrick Boos was acquired by Bertelsmann in October 2000. It operates as a B2B. Webmiles has raised $34 million across 1 funding round from investors including Maritz, NBC and Sequel Venture Partners. Webmiles operates in a competitive market with competitors including Miles, Smiles, LifeMiles, Crypto Bonus Miles and UrbanMiles, among others.
- Headquarter Munchen, Germany
- Founders Patrick Boos
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Sectors
Technology
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$34 M (USD)
in 1 rounds
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Latest Funding Round
$34 M (USD), Series B
May 08, 1999
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Investors
Maritz
& 5 more
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Employee Count
Not available
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Acquired by
Bertelsmann
(Oct 18, 2000)
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Funding Insights of Webmiles
Webmiles has successfully raised a total of $34M through 1 strategic funding round. The most recent funding activity was a Series B round of $34 million completed in May 1999. 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 Webmiles
Webmiles has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Maritz, NBC and Sequel Venture Partners.
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Private equity firm investing in business services sectors with a focus on growth companies.
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Growth equity firm investing in technology-enabled B2B services in New York.
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Investor details for Webmiles
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Investments & Acquisitions by Webmiles
Investment portfolio details for Webmiles
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Financial Statements - Webmiles
Detailed financials for Webmiles
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Webmiles Comparisons
Peer comparison for Webmiles
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Competitors of Webmiles
Webmiles 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 Miles, Smiles, LifeMiles, Crypto Bonus Miles and UrbanMiles, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Miles is recognized as a rewards program mobile application.
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Smiles is operated as a travel loyalty program in Brazil.
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Frequent flyer program
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Provides a blockchain-based loyalty program for consumer rewards.
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Operates an engagement-based reward platform to enhance user loyalty and interactions.
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Detailed competitors of Webmiles
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Webmiles
Complete news archive for Webmiles
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Frequently Asked Questions about Webmiles
Webmiles was founded in 1999.
Webmiles is headquartered in Munchen, Germany. It is registered at Munchen, Bayern, Germany.
Patrick Boos is the current CEO of Webmiles. They have also founded this company.
Webmiles is a funded company, having raised a total of $34M across 1 funding round to date.
Webmiles operates with a B2B model, focusing on marketing and advertising, building customer loyalty, offering loyalty programs, and web-based solutions. Delivers a web-based customer loyalty program to enhance business engagement and retention. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
Webmiles has 6 investors. Key investors include Maritz, NBC, Sequel Venture Partners, Svoboda Capital, and StarVest Partners.