Mile Auto Secures $10.3 Million In Seed Funding To Expand Low-Cost Car Insurance Offering Across U.S.
Amount Raised
$10.3 Million
Round Type
Seed
AtlantaOtherInsuranceDescription
Mile Auto, a next-gen insurtech innovator utilizing computer vision and decision analytics to offer an affordable car insurance option based on mileage to low-mileage drivers, today announced that it has secured $10.3 million in seed funding. Investors include Ulu Ventures, Emergent Ventures, Thornton Capital, and Sure Ventures.
Quick answer
Mile Auto raised $10.3 Million in a Seed round, dated May 24, 2021. Mile Auto is based in Atlanta, Georgia, United States.
- How much did Mile Auto raise?
- Mile Auto raised $10.3 Million in a Seed round on May 24, 2021.
- What does Mile Auto do?
- Mile Auto is a pay-per-mile auto insurance company using patented computer vision technologies to help low mileage drivers save money.
- Where is Mile Auto based and how big is it?
- Mile Auto is based in Atlanta, Georgia, United States. Fundz records about 30 employees.
- Who are the decision-makers at Mile Auto?
- Fundz holds 1 contact at Mile Auto, including the Executive Officer, Director. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Insurance around the same time
Companies in the same sectors as Mile Auto that raised within 45 days of this round, from Fundz verified event records.
- CERTIFICIAL, INC. raised $5.8M on June 21, 2021.
- RenewBuy raised $45M (Series C) on June 18, 2021.
- Hub International raised $2.7M (Seed) on June 17, 2021.
- CERTIFICIAL, INC. raised $5.8M (Series A) on June 8, 2021.
- Emerging Therapy Solutions, Inc. raised $6M on June 7, 2021.
- wefox raised $650M (Series C) on June 1, 2021.
Who to call at Mile Auto, and when
A new round usually means Mile Auto is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Mile Auto raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Mile Auto, from your own LinkedIn network
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Related People
Mile Auto raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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