What is Automile?
Headquartered in Palo Alto with a significant operational presence in Stockholm, Automile specializes in the intersection of SaaS and IoT technology. The company provides a sophisticated platform that enables businesses to manage vehicle fleets with precision, offering real-time visibility into driver behavior and asset performance. By leveraging mobile and web-based applications, Automile empowers organizations to optimize operational efficiency, reduce overhead, and enhance safety protocols. Its market position is defined by its ability to serve businesses of varying sizes, effectively disrupting traditional fleet management methodologies through data-centric insights and seamless cloud integration.
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 Dawn Capital, Justin Kan, Niklas Zennström, SaaStr, Sam Nurmi, and Point Nine
Series A (2016): $7.5M supported by SaaStr, Sam Nurmi, Salesforce Ventures, Point Nine, Atomico, Dawn Capital, and Justin Kan
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 seed-stage venture capital firm focused on B2B SaaS and B2B marketplaces, providing critical early-stage support to high-growth technology ventures.
SaaStr
SaaStr is a prominent community and investment fund focused on the B2B SaaS journey, providing capital and strategic guidance to startups scaling from early revenue to enterprise-level success.
What's next for Automile?
With the support of its latest strategic financing, Automile is well-positioned to accelerate its product roadmap and expand its footprint in the competitive logistics technology landscape. The company's focus remains on deepening its technological moat through advanced analytics and broader IoT ecosystem integration. As it moves beyond its Series B milestone, the strategic priority will likely shift toward aggressive market penetration in Europe and North America, leveraging the deep industry expertise of its investor base to navigate complex enterprise sales cycles and maintain its trajectory as a leader in connected vehicle management.
See full Automile company page
