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Miele - About the company

Miele is an acquired company based in Germany, founded in 1899 by Carl Miele and Reinhard Zinkann. Miele has raised an undisclosed amount in funding. The company has 56 active competitors, including 2 funded and 14 that have exited. Its top competitors include companies like Samsung, Mitsubishielectric and Kaercher.

Company Details

Registered Address
Nesbruveien 71, 1394, NESBRU
Key Metrics
Founded Year
1899
Location
Stage
Acquired
Ranked
Employee Count
11 as on May 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Mindful Capital Partners (Jul 02, 2024)

Miele's acquisition details

Miele got acquired by Mindful Capital Partners on Jul 02, 2024.
Click here to take a look at Miele's acquisition in detail
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Miele's funding and investors

Miele has raised funding over 10 rounds. Its first funding round was on Jan 01, 2014. Its latest funding round was a Grant (prize money) round on Jan 01, 2024 for $*****. 1 investor participated in its latest round. Miele has 2 institutional investors.

Here is the list of recent funding rounds of Miele:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jan 01, 2024
5920187
Grant (prize money)
3468776
1960637
8978924
6601027
Oct 01, 2019
6148813
Grant (prize money)
2751928
8965715
7774055
Jan 10, 2019
9551001
Grant (prize money)
2756982
5629096
1166044
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Miele's founders and board of directors

Founder? Claim Profile
The founders of Miele are Carl Miele and Reinhard Zinkann.
Here are the details of Miele's key team members:

Miele's employee count trend

Miele has 11 employees as of May 26. Here is Miele's employee count trend over the years:
Employee count trend for Miele
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Miele's Competitors and alternates

Top competitors of Miele include Samsung, Mitsubishielectric and Kaercher. Here is the list of Top 10 competitors of Miele, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Samsung
Samsung
1938, Suwon-si (South Korea), Public
Manufacturer of multi category electronic products
-
80/100
2nd
Logo for Mitsubishielectric
Mitsubishielectric
1921, Chiyoda-ku (Japan), Public
Manufacturer of diverse electrical and electronic products, systems, and solutions
-
75/100
3rd
Logo for Kaercher
Kaercher
1935, Winnenden (Germany), Funding Raised
Manufacturer of cleaning equipment including pressure washers, vacuums, and floor cleaners
-
71/100
4th
Logo for Miele
Miele
1899, Germany, Acquired
-
-
67/100
5th
Logo for Coway
Coway
1989, Seoul (South Korea), Acquired
Provider of water purification, air purification, and mattress rental services
-
67/100
6th
Logo for Bsh-Group
Bsh-Group
1967, Munich (Germany), Funding Raised
Manufacturer of home appliances and provider of digital ecosystem services
-
56/100
7th
Logo for Hindustan Unilever
Hindustan Unilever
1933, Mumbai (India), Public
Manufacturer of FMCG, packaged food, and consumer goods
-
52/100
8th
Logo for Karcher
Karcher
Winnenden (Germany), Unfunded
Manufacturer of cleaning equipment, pressure washers, vacuums, and related cleaning solutions
-
-
52/100
9th
Logo for AO
AO
2000, Bolton (United Kingdom), Public
Online retail platform offering multi-category products
-
49/100
10th
Logo for Leifheit
Leifheit
1959, Limburg (Germany), Public
Manufacturer of household products for cleaning, laundry care, kitchen, and wellbeing
-
-
48/100
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Miele's Investments and acquisitions

Miele has made 6 investments in companies including Cliniserve and tacterion. Miele has also acquired 3 companies including SMP GmbH and Eurofilters.
Here is the list of investments & acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Nov 11, 2022
Acquisition
2000
Tubingen (Germany)
Jan 18, 2022
Acquisition
1977
Pelt (Belgium)
Aug 27, 2021
Investments
2017
Munich (Germany)
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See all investments and acquisitions by Miele

Reports related to Miele

Here is the latest report on Miele's geography:

News related to Miele

lockFilter this list
Media has covered Miele for a total of 12 events in the last 1 year, 9 of them have been about company updates and 1 about partnerships.
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FAQs about Miele

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