Bestmile Raises $11M in Series A Funding

Bestmile, a San Francisco (USA) and Lausanne (Switzerland)-based mobility platform that enables service providers to manage, operate and optimize autonomous vehicle fleets, raised $11m in Series A funding.

The round was led by Road Ventures with participation from Partech Ventures, Groupe ADP, Airbus Ventures, Serena Capital and MobilityFund.

The company intends to use the funds to accelerate global expansion, strengthen its mobility cloud platform technology, and extend its customer relationships with service providers, strategic OEMs and technology partners.

Led by Raphael Gindrat, CEO, Bestmile provides a Mobility Services Platform that enables the intelligent operation and optimization of autonomous vehicle fleets, regardless of their brand or type, for both fixed-route and on-demand service types. Features include fleet and resource management, mobility service operations and optimization, business back office support and data intelligence.

The company’s platform also provides front-end and back-end interfaces for operators and travelers, including control center dashboards, mobile and web applications and APIs.

The company, which works with mobility service providers, including Transportation Network Companies (TNCs), public transit agencies, transportation operators, and private communities and campuses, will expand its micro-transit on-demand services, as well as its multi-modal services with existing transportation systems, operators and cities. It is also continuing to build partnerships with vehicle manufacturers and automotive OEMs.



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