Bestmile Raises $16.5M in Series B Funding

BestmileBestmile, a San Francisco, CA- and Lausanne, Switzerland-based provider of an autonomous fleet orchestration platform, raised $16.5m in Series B funding.

The round was led by two U.S. firms, Blue Lagoon Capital and TransLink Capital, with participation from Road Ventures, Partech, Groupe ADP, Airbus Ventures, Serena and others. In conjunction with the funding, Blue Lagoon partners, Rodney Rogers and Kevin Reid, joined the Bestmile board, with Rogers serving as Chairman.

The company intends to use the funds to ramp up every function of the organization.

Led by Raphael Gindrat, cofounder and CEO, Bestmile provides an autonomous fleet orchestration platform used to plan, manage, and optimize autonomous and human-driven vehicle fleets by delivering dispatching, routing, and ride matching.
The solution, vehicle agnostic manages autonomous and human-driven vehicles, supports on-demand and time-based services, integrates with multiple transport modes, and provides end-to-end applications for travelers, drivers, and operators.
Customers include public transport operators, transportation network companies (TNCs), vehicles OEMs, and taxi companies offering ridehailing, robotaxi, micro-transit and autonomous shuttle services.

FinSMEs

28/08/2019

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