Mile Solutions FZ
Latest round
- Seed
Last raised
- Feb 2019
Total raised
- Undisclosed
Investors
- 1
About Mile Solutions FZ
Founded in 2017 in Dubai, United Arab Emirates, Mile Solutions FZ LLC provides advanced logistics solutions. The company was co-founded by Fawad Mian and Shawar Javed.Mile Now specializes in delivering advanced delivery management software powered by Artificial Intelligence and Machine Learning technologies. Additionally, Mile Now provides solutions for reverse logistics, enabling eCommerce businesses to manage returns and exchanges effortlessly. Their warehouse module, integrated with a mobile app, allows for real-time stock monitoring and efficient pick and pack processes, ensuring chain of custody is maintained.Mile Now's revenue structure is based on a combination of subscriptions and transaction-based models tailored to their diverse client base. The software is accessible through a white-labeled merchant portal and native applications, allowing users to manage onboarding, order pickups, and delivery schedules. Clients engage in transactions that include monthly subscription fees for access to the platform alongside transaction fees based on the volume of deliveries processed. The delivery management tools and warehouse solutions are offered under specific pricing plans that cater to the needs of various businesses, scaling according to their operational requirements. The company is focused on developing new delivery management features to be released by the end of 2023. Additionally, it aims to penetrate new markets in Asia and Europe by mid-2024, enhancing its operational capabilities in these regions.
Who invested in Mile Solutions FZ
1 investor across 1 round
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Funding rounds
Seed
Feb 18, 2019
Amount
Undisclosed
Investors
Questions about Mile Solutions FZ
Who invested in Mile Solutions FZ?
Mile Solutions FZ has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Mile Solutions FZ raised?
Mile Solutions FZ has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Mile Solutions FZ last raise money?
Mile Solutions FZ's most recent round on record is a Seed, in Feb 2019.
What does Mile Solutions FZ do?
Founded in 2017 in Dubai, United Arab Emirates, Mile Solutions FZ LLC provides advanced logistics solutions.
Where is Mile Solutions FZ headquartered?
Mile Solutions FZ is headquartered in Dubai, United Arab Emirates.
Which VCs invest in companies like Mile Solutions FZ?
Among active investors with capital left to deploy, MPCi, Luminous Ventures, Zijin Venture Capital and Legend Capital back software companies at Mile Solutions FZ's stage. Their profiles are linked below.
VCs backing software startups at Seed
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