Mile Auto
Latest round
- Seed
Last raised
- May 2021
Total raised
- $12M
Investors
- 7
About Mile Auto
Based in Georgia, US, and founded in 2017, Mile Auto, Inc. is an auto insurance company that offers car insurance options based on mileage. The company was co-founded by Fred Blumer, Jim Cook, Joe Fuller, and Scott Nelson. The company announced a partnership with Ford Motor Company for Ford owners to get auto insurance. Mile Auto, Inc. is currently available in Arizona, Georgia, Illinois, and Oregon, the US. The company's platform uses computer vision and decision analytics to collect and validate odometer data without the need for extra hardware, mobile apps, or GPS tracking to offer car insurance options based on mileage to low-mileage drivers. The company plans to expand the availability of its insurance offering to half of the US auto insurance market by the end of 2021, as well as hiring, adding new distribution channels, onboarding of white-label partners, and expanding its automaker network into additional states within the next six months.
Who invested in Mile Auto
7 investors across 3 rounds
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Questions about Mile Auto
Who invested in Mile Auto?
Mile Auto has 7 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Mile Auto raised?
Mile Auto has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Mile Auto last raise money?
Mile Auto's most recent round on record is a Seed, in May 2021.
What does Mile Auto do?
Based in Georgia, US, and founded in 2017, Mile Auto, Inc.
Where is Mile Auto headquartered?
Mile Auto is headquartered in Atlanta, US.
Which VCs invest in companies like Mile Auto?
Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back insurance companies at Mile Auto's stage. Their profiles are linked below.
VCs backing insurance startups at Seed
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