What is Automile?
Headquartered in Palo Alto with a strategic presence in Stockholm, Automile provides a sophisticated platform designed to optimize fleet performance. By integrating smart device hardware with intuitive mobile and web applications, the company offers enterprises granular visibility into vehicle diagnostics and driver behavior. This dual-focus on hardware-enabled data collection and software-driven analytics positions Automile as a critical player in the digital transformation of traditional fleet management, enabling organizations to reduce operational overhead and improve safety standards through real-time insights.
How much funding has Automile raised?
Automile has raised a total of $53M across 5 funding rounds:
Other Financing Round
$5M
Private Equity
$6.2M
Series A
$7.5M
Series B
$34M
Debt
$350K
Other Financing Round (2015): $5M with participation from Dawn Capital and Point Nine
Private Equity (2016): $6.2M led by SaaStr, Sam Nurmi, Niklas Zennström, Justin Kan, Dawn Capital, and Point Nine
Series A (2016): $7.5M supported by Atomico, Dawn Capital, SaaStr, Sam Nurmi, Justin Kan, Salesforce Ventures, and Point Nine
Series B (2017): $34M featuring Dawn Capital, SaaStr, Insight Venture Partners, and Point Nine
Debt (2020): $350K backed by PPP
Key Investors in Automile
Dawn Capital
Dawn Capital is a venture capital firm focused on backing ambitious founders building leading business software companies across Europe. The firm partners early, brings deep sector expertise, and supports teams as they scale globally.
Point Nine
Point Nine is a specialized seed-stage venture capital firm with a primary investment focus on B2B SaaS platforms and B2B marketplaces.
Insight Venture Partners
Insight Partners is a global venture capital and private equity firm that invests in high-growth technology and software companies, providing them with the capital and operational support needed to scale.
What's next for Automile?
With the recent infusion of capital, Automile is well-positioned to deepen its technological moat and expand its footprint in the global telematics market. The company's focus remains on enhancing its SaaS-based ecosystem, likely prioritizing the integration of advanced predictive analytics and machine learning to further automate fleet maintenance and compliance workflows. As the enterprise demand for connected vehicle data continues to accelerate, Automile's strategic roadmap will likely involve scaling its sales infrastructure and strengthening its partnerships with global logistics providers to maintain its competitive edge in an increasingly crowded IoT landscape.
See full Automile company page