MileIQ Overview
- Year Founded
-
2012
- Status
-
Acquired/Merged
- Employees
-
65
- Latest Deal Type
-
Buyout/LBO
- Financing Rounds
-
5
MileIQ General Information
Description
Developer of a mobile application designed to calculate the cost of transportation. The company's application uses drive-detection technology to automatically log users' drives and calculate the value as well as offers services like accurate mileage recording and mileage reimbursement, enabling drivers to sync drive data and securely store drive history to the cloud.
Contact Information
Website
www.mileiq.com(Operating Subsidiary)
Corporate Office
- 548 Market Street
- PMB 37418
- San Francisco, CA 94104-5401
- United States
Corporate Office
- 548 Market Street
- PMB 37418
- San Francisco, CA 94104-5401
- United States
MileIQ Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
MileIQ Comparisons
Industry
Financing
Details
MileIQ Competitors (9)
One of MileIQ’s 9 competitors is Gridwise, a Venture Capital-Backed company based in Pittsburgh, PA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Gridwise | Venture Capital-Backed | Pittsburgh, PA | ||||
| Transpoco | Venture Capital-Backed | Dublin, Ireland | ||||
| Omnitracs | Private Equity-Backed | Westlake, TX | ||||
| LocoNav | Venture Capital-Backed | Gurugram, India | ||||
| Vehcon | Formerly VC-backed | Atlanta, GA |
MileIQ Patents
MileIQ Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| AU-2015296778-A1 | Mobile device distance tracking | Inactive | 01-Aug-2014 | ||
| AU-2021201763-A1 | Mobile device distance tracking | Inactive | 01-Aug-2014 | ||
| AU-2023202579-A1 | Mobile device distance tracking | Inactive | 01-Aug-2014 | ||
| CA-2955628-A1 | Mobile device distance tracking | Active | 01-Aug-2014 | ||
| EP-3175422-A1 | Mobile device distance tracking | Inactive | 01-Aug-2014 | G06Q40/12 |
MileIQ Signals
MileIQ Former Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
MileIQ FAQs
-
When was MileIQ founded?
MileIQ was founded in 2012.
-
Where is MileIQ headquartered?
MileIQ is headquartered in San Francisco, CA.
-
What is the size of MileIQ?
MileIQ has 65 total employees.
-
What industry is MileIQ in?
MileIQ’s primary industry is Business/Productivity Software.
-
Is MileIQ a private or public company?
MileIQ is a Private company.
-
What is MileIQ’s current revenue?
The current revenue for MileIQ is .
-
How much funding has MileIQ raised over time?
MileIQ has raised $700K.
-
Who are MileIQ’s investors?
515 Ventures, , , CRV, and Graph Ventures are 5 of 15 investors who have invested in MileIQ.
-
Who are MileIQ’s competitors?
Gridwise, Transpoco, Omnitracs, LocoNav, and Vehcon are some of the 9 competitors of MileIQ.
-
When was MileIQ acquired?
MileIQ was acquired on 08-Jul-2025.
-
Who acquired MileIQ?
MileIQ was acquired by Bending Spoons.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read more -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process