When was MILA founded?

MILA was founded in 1993 and raised its 1st funding round 23 years after it was founded.

Where is MILA located?

MILA is headquartered in Montreal, Canada.

Is MILA a funded company?

MILA is a funded company, having raised a total of $8.5M across 2 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on 2016.

When was the latest funding round of MILA?

MILA's latest funding was a $***** Series A round on Nov 13, 2020, with participation from 1 investor.

Where does MILA rank among its competitors?

MILA ranks 16th amongst 1071 active competitors, of which 29 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Thinking Machines Lab, which secured an undisclosed amount in Mar, 2026.

Who are the top competitors of MILA?

MILA's top competitors include Thinking Machines Lab, Google DeepMind and ETRI. Among them, Thinking Machines Lab secured the most recent funding round in March, 2026.

MILA - 2026 Company Profile, Funding & Competitors

MILA is a series A company based in Montreal (Canada), founded in 1993. It operates as a Provider of AI research services. MILA has raised $8.5M in funding from Google. The company has 1071 active competitors, including 29 funded and 13 that have exited. Its top competitors include companies like Thinking Machines Lab, Google DeepMind and ETRI.

Company Details

Website: mila.quebec/en
Email ID: *****@mila.quebec

Key Metrics

Founded Year

1993

Location

Montreal, Canada

Stage

Series A

Total Funding

$8.5M in 2 rounds

Latest Funding Round

Series A, Nov 13, 2020, $*****

Investors

Google

Ranked

16^th among 1071 active competitors

Similar Companies

Thinking Machines Lab & 724 more

View MILA's full profile

MILA has raised a total funding of $8.5M over 2 rounds. Its first funding round was on 2016. Its latest funding round was a Series A round on Nov 13, 2020 for $*****. 1 investor participated in its latest round. MILA has 1 institutional investor.

Here is the list of recent funding rounds of MILA:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 13, 2020	1166154	Series A	3622340	9155400	4453456	2903468
2016	9827	Series A	9958	2281	8957	Google

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Top competitors of MILA include Thinking Machines Lab, Google DeepMind and ETRI. Here is the list of Top 10 competitors of MILA, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Thinking Machines Lab 2024, San Francisco (United States), Seed	Developer of customizable multimodal AI systems and open-source AI research.	$2B	Andreessen Horowitz, Nvidia & 8 others	65/100
2nd	Google DeepMind 2010, London (United Kingdom), Funding Raised	Provider of AI research services	-	Founders Growth Equity Fund, Tao Capital Partners	60/100
3rd	ETRI 1976, Yuseong District (South Korea), Funding Raised	Provider of electronics and telecommunication research institute	-	Magellan Technology Investment, Devsisters Ventures ... & 2 others	56/100
4th	Pluralis 2024, San Francisco (United States), Seed	Developer of protocol learning enabling collaborative model training across multiple participants	$7.6M	Union Square Ventures, Variant Fund & 6 others	53/100
5th	Allen Institute for Artificial Intelligence 2014, Seattle (United States), Funding Raised	Provider of AI research, natural language processing, and computer vision services	-	National Science Foundation	49/100
6th	WaveForms 2024, San Francisco (United States), Acquired	Developer of audio language models for real-time voice conversation	$40M	Andreessen Horowitz	47/100
7th	Vector Institute 2017, Toronto (Canada), Unfunded	Non profit organisation focused on research in the filed of AL and machine deep learning	-	-	46/100
8th	Wadhwani AI 2018, India, Funding Raised	Provider of AI focused research and consulting services for societal domains	-	Meta, Google.org	46/100
9th	LG Research 2020, Seoul (South Korea), Unfunded	Developer of artificial intelligence technologies across language, vision, and data intelligence	-	-	45/100
10th	Irregular 2023, Tel Aviv (Israel), Series A	Provider of security evaluations and research for frontier artificial intelligence systems	$80M	Redpoint Ventures, Sequoia Capital & 4 others	44/100
16th	MILA 1993, Montreal (Canada), Series A	Provider of AI research services	$8.5M	Google	40/100