Mileauto

Mile Auto is an auto insurance technology provider and MGA providing mileage-based solutions for insurance carriers, automakers and drivers.

Business Model:

Revenue: $6.2M

Employees: 11-50

Detailed Mileauto Information

Geographic Data

Mileauto headquarters map

Address: 900 Circle 75 Parkway

City: Atlanta

State: GA

Zip: 30339

Country: US

Financial Info

Stage:

seed

Raised Last:

$10M

Raised Total:

$13M

Metrics

292,765Website Global Rank

220,655Website Monthly Traffic

Twitter Followers

Description

Mile Auto is a pay-per-mile auto insurance company that uses patented computer vision technologies to help low mileage drivers save money. Mile Auto customers use their smartphones to report mileage once a month, and then pay based on exact miles driven. The result is simple, transparent billing. Mile also provides mileage-based technologies for insurance carriers and automakers interested in providing innovative insurance solutions for their customers. For example, in partnership with Porsche Financial Services, Mile has created and operates Porsche Auto Insurance for all Porsche owners in states in which Mile has received regulatory approval. Mile Auto is headquartered in Atlanta, Georgia.

Contact Phone:
+18886453001

Contact Email:

Announced Date Company Transaction Money Raised
Announced Date Transaction Number of Investors Money Raised Lead Investors
4/2020 Venture Round 1 $250k Florida Funders
Florida Funders
5/2021 Seed 4 $10.3M Emergent Ventures
Sure Ventures
Thornton Capital
Ulu Ventures
Emergent Ventures
Sure Ventures
Thornton Capital
Ulu Ventures
8/2022 Debt $4M
2/2022 Unattributed $2.1M
10/2017 Seed Round 5 $1.2M AS13
Emergent Ventures
INSEAD Angels
Sure Ventures
Ulu Ventures
AS13
Emergent Ventures
INSEAD Angels
Sure Ventures
Ulu Ventures
2/2019 Seed Round $0 Emergent Ventures
JUMP Investors
Ulu Ventures
Emergent Ventures
JUMP Investors
Ulu Ventures
10/2022 Debt Financing $4M
2/2019 Seed Round 3 $1M Emergent Ventures
JUMP Investors
Ulu Ventures
Emergent Ventures
JUMP Investors
Ulu Ventures
Announced Date Name Price

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