# BestMile

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/bestmile

- Industry: Software
- Headquarters: Lausanne, Switzerland
- Website: www.bestmile.com
- Total disclosed funding: $32M
- Latest round: Series B (Aug 28, 2019)
- Investors on record: 10

## About

BestMile SA provides advanced mobility solutions that enhance fleet management for both autonomous and human-driven vehicles. Their innovative platform optimizes transportation services and improves operational efficiency in urban mobility systems.Founded in 2014, BestMile SA is headquartered in Lausanne, Switzerland. The company specializes in mobility orchestration, assisting operators in managing transportation services effectively. Anne Mellano is the founder of BestMile, who has contributed to its strategic direction. The company has undergone several funding rounds, with the latest being a Series B round on February 21, 2020, raising USD 16.50 mn from investors including Airbus Ventures and Partech. BestMile has completed a total of 8 deals to date.Bestmile offers a comprehensive mobility orchestration platform that allows clients to optimize and manage fleets comprising both autonomous and human-driven vehicles. Their platform includes functionalities for routing, scheduling, and real-time performance monitoring, addressing urban mobility challenges. Clients range from public transit agencies to ride-sharing services, particularly in North America and Europe, where the demand for innovative transportation solutions is growing.Bestmile generates revenue through a subscription-based model, providing clients with access to their mobility orchestration platform and services for a fee on a monthly or annual basis. This model includes continuous software updates and customer support. Collaborations with public transit agencies and private mobility providers bolster revenue through customized solutions that meet specific operational needs, fostering long-term client relationships.Bestmile intends to leverage recent funding to further enhance its mobility solutions and expand its market reach. With the additional capital from the Series B funding, the company is expected to design and launch new products aimed at improving fleet management capabilities. Furthermore, Bestmile targets expansion in Asian markets, particularly focusing on opportunities within Japan and Southeast Asia by 2023. The recent funding also supports the development of collaborative partnerships to integrate its platform into various transportation ecosystems.

## Funding rounds

- Series B, Aug 28, 2019, $17M — Partech Partners, TransLink Capital, Serena, Groupe ADP, Blue Lagoon Capital, Airbus Ventures, Road Ventures SA
- Series A, Mar 22, 2018, $11M — Partech Partners, Serena, Groupe ADP, Airbus Ventures, Road Ventures SA, MobilityFund
- Seed, Apr 13, 2017, $2M — Partech Partners, Serena, Airbus Ventures
- Seed, Jul 21, 2016, $2.5M — Perot Jain, Forticap

## Investors

- Perot Jain (https://capitalatlas.ai/funds/perot-jain) — Seed
- Forticap (https://capitalatlas.ai/funds/forticap) — Seed
- Partech Partners (https://capitalatlas.ai/funds/partech-partners) — Seed, Series A, Series B
- Serena (https://capitalatlas.ai/funds/serena) — Seed, Series A, Series B
- Airbus Ventures (https://capitalatlas.ai/funds/airbus-ventures) — Seed, Series A, Series B
- Groupe ADP — Series A, Series B
- Road Ventures SA (https://capitalatlas.ai/funds/road-ventures-sa) — Series A, Series B
- MobilityFund (https://capitalatlas.ai/funds/mobilityfund) — Series A
- TransLink Capital (https://capitalatlas.ai/funds/translink-capital) — Series B
- Blue Lagoon Capital (https://capitalatlas.ai/funds/blue-lagoon-capital) — Series B